LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--
Broadridge Financial Solutions, Inc. (NYSE: BR), a leading global
provider of technology-based outsourcing solutions, announced the launch
of Aspire, its full suite of desktop productivity solutions for
broker-dealers and investment advisors.
The Aspire suite of applications supports the full scope of investment
servicing needs as well as key broker capabilities. The suite includes
five modules for broker-dealers and investment advisors and includes
solutions for performance reporting, portfolio accounting, key broker
capabilities, wealth planning tools and an investor self-service portal.
The comprehensive solution suite can be integrated with any back-office,
the modules may be used independently or in conjunction with each other,
for added power and efficiency. The suite enables broker-dealers and
investment advisors to strengthen customer relationships and increase
assets under management. The suite's open architecture helps firms
reduce costs and operate more efficiently.
The suite is comprised of the following five modules:
-- Aspire Investor a customer portal with account information that allows
the investor full access to their portfolio and on-line trading
-- Aspire Broker provides trade order entry for equities, listed options
and portfolio accounting
-- Aspire Portfolio Accounting provides real-time tax-lot accounting
including the cost-basis reporting needed to help firms manage
regulatory compliance
-- Aspire Performance Reporting provides enterprise-wide oversight of
account performance
-- Aspire Wealth Management, provides intuitive portfolio planning and
construction tools for advisors, enabling them to provide a high net
worth customer experience to all of their clients
Aspire offers brokerage firms significant benefits, including the:
-- ability to quickly, efficiently and accurately reconcile significant
volumes of data across large numbers of accounts
-- advantage of a highly-scalable solution that allows advisors to extend
exclusive services such as proposal generation and portfolio management
to all clients
-- assurance of staying abreast of regulatory requirements, Aspire
Portfolio Accounting provides all the cost-basis tracking and reporting
required, beginning in 2011, by the Emergency Economic Stabilization Act
of 2008
-- power to enter and grow new lines of revenue; create new product and
service offerings, trade, report and strategize across multiple
currencies in the global market
"We are very excited to introduce our comprehensive Aspire suite to the
marketplace. Aspire reflects our mission to deliver powerful,
state-of-the-art investment servicing tools that enable firms to
streamline their operations and compete more effectively in today's
market," said Rob Enz, General Manager and Senior Vice President,
Securities Processing Solutions-SIS, U.S., Broadridge. "Aspire provides
all of the IT technology and support that broker-dealers and investment
advisors need to offer real-time, on-demand account information,
transaction processing, tax-lot accounting, reporting and reconciliation
for all of their clients at an unmatched value and scale. With this
solution, we believe we've developed a vital desktop productivity
solution."
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. Our systems and services include investor
communication, securities processing, and clearing and outsourcing
solutions. We offer advanced, integrated systems and services that are
dependable, scalable and cost-efficient. 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.
Source: Broadridge Financial Solutions, Inc.