LAKE SUCCESS, NY -- (MARKET WIRE) -- 12/18/07 --
Broadridge Financial Solutions, Inc.
(NYSE: BR) today announced the launch of an Internet-based solution that
allows retirement plan providers to easily create and output high-impact
communications for their clients that feature visually compelling
projections of how much their investments could grow over time. Plan
providers can use the template-driven tool, rich with charts, illustrations
and other variable content, to create a personalized financial "snapshot"
designed to motivate investors to increase participation and deferral
rates.
Clients already using Broadridge's output and distribution options can now
further increase the effectiveness of their communications program via a
cost-efficient, turnkey solution that allows them to focus more on their
core business of managing assets. In one recent targeted retirement plan
mailing prepared by Broadridge, participation in the 401(k) plan increased
from 62% to 69%.
This secure, online solution is available as a stand-alone product, or it
can integrate seamlessly with Broadridge's Dynamic On-demand Communications
System(TM) (DOCS). Data and artwork can easily be imported via a feed
and/or an online upload. The resulting documents are personalized with
variable messages and illustrations based on age, compensation and current
deferral rates.
After years of experience in re-engineering the content and design of
financial communications for clients on a case-by-case basis, Broadridge
developed this standard solution for retirement plan communications.
"Using the talents of our communications experts and our technology
know-how, we developed this proprietary tool that plan providers can use
right from their desktops with minimal effort and upfront cost," said
Gerard Scavelli, President, Investor Communication Solutions at Broadridge.
"Broadridge is committed to making the overall communications process as
simple and efficient as it can be."
About Broadridge
Broadridge Financial Solutions, Inc., formerly ADP Brokerage Services
Group, with over $2.0 billion in revenues and more than 40 years of
experience, is a leading global provider of technology-based outsourcing
solutions to the financial services industry. Our systems and services
include investor communication, securities processing, and clearing and
outsourcing solutions. Broadridge offers a broad, integrated suite of
innovative global solutions across the investment lifecycle and provides a
wide range of cost-effective and scalable solutions to the financial
industry. Our 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.
Press Contact:
Tony DeMeoBroadridge Financial Solutions, Inc.
One Park Avenue
New York, NY 10016
212-918-6919
Email Contact