LONDON & PARIS -- (Business Wire)
Accenture (NYSE:ACN) and Broadridge Financial Solutions (NYSE:BR) have
been recognized jointly as the industry leaders in the “Consulting
Business Process Outsourcing” category by Global Custodian’s
Awards for Excellence. The companies received the award for their joint Accenture
Post-Trade Processing solution, which is designed to help investment
banks of different sizes reduce post-trade processing costs, adapt to
new regulations, and improve performance through enhanced capabilities,
such as real-time reporting of settled trading positions and improved
client servicing.
The Global Custodian Awards for Excellence identify the leading
technology and consulting firms that provide outstanding solutions that
support the securities services industry. The award recipients are
selected through an annual survey of 20,000 Global Custodian
readers, who include key decision-makers in the custody, fund
administration, central securities depositary, hedge fund, prime
brokerage, securities lending, securities financing and collateral
management industries.
“There is a real market need for and interest in securities processing
optimization, and we believe that the Global Custodian Award we
received demonstrates how relevant Accenture Post-Trade Processing is to
the industry today,” said Thierry Weidenmann, global managing director
for Accenture Post-Trade Processing. “Accenture Post-Trade Processing
allows banks to deliver top-level services to their clients at a
competitive price. In an increasingly competitive and capital-intensive
industry, this new approach to post-trade processing will help banks
achieve their efficiency and client service objectives.”
“Banks are sharply focused on increasing their efficiencies and freeing
up capital to elevate returns on equity and drive growth,” said Tom
Carey, President, Global Technology and Operations International,
Broadridge. “Our post-trade processing solution with Accenture is
leading the industry as a transformational strategy that adds efficiency
and service advantages for European and Asian trading operations. Global
Custodian’s award reflects the growing value of this collaboration
and is a great recognition of the market need.”
Accenture Post-Trade Processing, a strategic collaboration between
Accenture and Broadridge Financial Solutions, combines Accenture’s
global business process outsourcing capabilities and capital markets
industry expertise with Broadridge’s leading post-trade processing
technology. The solution provides post-trade processing and technology
services to support settlement, books and records, asset servicing,
operational management and control, real-time data access and
administrative accounting.
About Accenture
Accenture is a global management consulting, technology services and
outsourcing company, with approximately 319,000 people serving clients
in more than 120 countries. Combining unparalleled experience,
comprehensive capabilities across all industries and business functions,
and extensive research on the world’s most successful companies,
Accenture collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page
is www.accenture.com.
About Broadridge
Broadridge
Financial Solutions, Inc. (NYSE:BR) is the leading provider of
investor communications and technology-driven solutions for
broker-dealers, banks, mutual funds and corporate issuers globally.
Broadridge’s investor communications, securities processing and business
process outsourcing solutions help clients reduce their capital
investments in operations infrastructure, allowing them to increase
their focus on core business activities. With over 50 years of
experience, Broadridge’s infrastructure underpins proxy voting services
for over 90% of public companies and mutual funds in North America, and
processes more than $5 trillion in fixed income and equity trades per
day. Broadridge employs approximately 6,700 full-time associates in 14
countries.
Contacts:
Accenture
Damon Leavell, 917-452-4083
damon.leavell@accenture.com
Source: Accenture
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