Broadridge Investor Relations

2009 News Releases

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2009 News Releases

2008 News Releases

Information Mosaic Signs Strategic Partnership Deal With Global Outsourcing Provider
Broadridge Financial Solutions, Inc.

Strategic partnership will support global business expansion for both firms

New York, NY – MaRCH 16, 2009 - Information Mosaic, the trusted provider of advanced custody, asset management and wealth management solutions that manage risk in the investor services industry, today signed a multi-year strategic partnership agreement with Broadridge Financial Solutions, Inc. (NYSE: BR), a leading global provider of technology-based outsourcing solutions to the financial services industry.     

The announcement, which was made in the presence of Ireland’s Prime Minister (An Taoiseach), Mr. Brian Cowen in New York today, involves the installation of Information Mosaic’s award-winning corporate actions solution, cama™,  in Broadridge’s back-office service bureau platform. The strategic relationship with Information Mosaic will vitally enrich Broadridge’s solutions for the corporate actions marketplace and allow Broadridge to provide corporate actions processing support to global broker-dealers, asset managers, and custodians alike. 

Congratulating Information Mosaic on the signing of this new strategic partnership at an event hosted by Enterprise Ireland, An Taoiseach Brian Cowen said: “It is extremely encouraging to watch indigenous Irish companies grow in foreign markets, especially in the challenging global economic environment. I strongly commend Information Mosaic on the signing of this significant agreement with Broadridge, and wish them well in their future growth. Ireland’s economic recovery depends on ambitious, dynamic businesses such as Information Mosaic and their ability to trade globally, generate new business and create highly-skilled jobs back home in Ireland. Today’s announcement serves as an encouraging reminder that Irish businesses can be successful, even in these difficult times.”

John Byrne, Chief Executive of Information Mosaic, commented: “This is a very significant strategic partnership for Information Mosaic and is central to our overall strategy of building global corporate actions and custody solutions to the global securities industry. With a growing base of internationally renowned clients, our business has moved to a significant new stage in its development. Creating an alliance with a company of such size and scale as Broadridge is the most important calling card we could hope to have as we roll out our strategy.”

Byrne continued: “I am particularly proud of the work carried out by our global team. Their dedication and our unique capabilities were clearly recognized by Broadridge in choosing to enter into this long-term relationship. Our team has developed products and systems which are critically important to banks and financial institutions as they operate in turbulent markets and stressed global economic conditions.  As a result of this deal and others, we expect that as many as fifty highly specialized and value-added skilled jobs are likely to be created in Information Mosaic within the next two years.”

Commenting on the agreement, John Hogan, President and Chief Operating Officer, Broadridge, stated: “Broadridge is committed to continually enhancing our product and service offerings either through internal development or by forging strategic partnerships to better serve the needs of the global financial community.  Our strategic relationship with Information Mosaic will enable Broadridge to deliver an advanced, real-time global corporate actions managed service to broker-dealers, asset managers, and custodians worldwide by combining the robust outsourcing capabilities of Broadridge with Information Mosaic’s industry-leading cama ™ solution.   Additionally, this alliance will provide a compelling value-added service to our global Operations Outsourcing clients as we expand our clearing and outsourcing solutions business segment (Ridge Clearing) internationally.

Information Mosaic has gained global recognition as a market leader in the emerging corporate actions marketplace for its cama™ product, an innovative global corporate actions automation solution that streamlines operations flows and intelligently aids decision making when intervention is necessary. cama™ supports some of the world’s leading financial institutions, whose businesses range from wealth and institutional asset management to retail banking and custody.

Information Mosaic was established in 1997 and today leads the market for corporate actions and custody solutions to the investment services industry. The company, whose headquarters are located in Dublin, Ireland, has built up a significant client base of the largest global and domestic custodians, sovereign wealth funds and large asset managers. Six of the top ten global custodians now use Information Mosaic solutions globally.

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About Information Mosaic
Information Mosaic, the trusted provider of advanced custody, asset management and wealth management solutions to the investor services industry. Information Mosaic’s business professionals leverage decades of financial industry expertise and technical knowledge to deliver complex projects on time and within budget. Since inception, the company has utilized the most modern technology to develop solutions to run on a scalable, single platform. Today, Information Mosaic’s supports clients from offices in Boston, Dublin, London, Luxembourg, New York, Singapore and Sydney. Currently, six of the top 10 global custodians deploy Information Mosaic solutions worldwide.

For more information on Information Mosaic please visit www.informationmosaic.com

About Broadridge
Broadridge Financial Solutions, Inc., with over $2.2 billion in revenues in fiscal year 2008 and more than 40 years of experience, is a leading global provider of technology-based outsourcing solutions to the financial services industry. Their systems and services include investor communication, securities processing, and clearing and outsourcing solutions. They offer advanced, integrated systems and services that are dependable, scalable and cost-efficient. Their systems help reduce the need for clients to make significant capital investments in operations infrastructure, thereby allowing them to increase their focus on core business activities.

For more information about Broadridge, please visit www.broadridge.com.

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