LONDON -- (MARKET WIRE) -- 10/02/07 --
Broadridge Financial Solutions, Inc. (NYSE: BR),
formerly ADP Brokerage Services Group, has announced that Villeroy and
Boch, the leading European home lifestyle brand, is the first corporate
client to use its SWIFT Service Bureau. Broadridge is one of the first
SWIFT service bureau providers to set up an infrastructure for corporate
clients.
Corporates are able to use Broadridge's SWIFT Service Bureau to connect to
the SWIFT network in a number of ways: as a TRCO (Treasury Counterparty),
in an MA-CUG (Member Administered - Closed User Group), or within SCORE
(Standardised Corporate Environment). Villeroy and Boch will use the SWIFT
Service Bureau for its corporate treasury department's payments messaging
and for connectivity with its banking partners using the SCORE approach.
The Broadridge SWIFT Service Bureau provides fast-track access to the SWIFT
network for the full range of SWIFT messages including securities,
treasury, derivatives, payments and cash management, all in a secure data
centre environment along with a host of value-add services such as FileAct,
message mapping, reformatting and white labelled web access.
"The Broadridge SWIFT Service Bureau gives us very quick access to SWIFT
messaging capabilities for secure and standardised messaging, on a
cost-effective basis," said Dr. Markus Warncke, Villeroy and Boch's
Treasurer.
"We are delighted to welcome Villeroy and Boch as the first corporate
client on our SWIFT Service Bureau. Our SWIFT Service Bureau, including our
SWIFT Transaction Manager (STM), has been upgraded to cover the SWIFT
standards, and to help meet the requirements and market needs of corporate
clients. We have invested in our services to enable corporate usage either
directly or via a firm's banking partner," said Andreas Günther, a Managing
Director of Broadridge in Europe.
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.
Contact:
Media:
Mike WestBroadridge Financial Solutions, Inc.London
T: +44 (0)20 7551 3224
E: Email Contact