Broadridge Financial Solutions (BR) Wolfe FinTech Forum summary

Leadership and business overview

• GTO division focuses on wealth management and capital markets, serving as infrastructure for global financial markets with high reliability and scale.

• The business leverages mega trends like democratization of investing, trading acceleration, and AI.

• GTO serves 29 of the 30 global systemically important banks (G-SIBs) and emphasizes mutualization to manage regulatory and operational costs.

Recent performance and growth drivers

• Q2 saw 8% growth in GTO, with 6% organic; capital markets grew 8%, driven by digital asset platforms and increased trading volumes.

• Wealth management grew 11% (6% organic, 5% from M&A), with a strong pipeline and recent Canadian acquisition (SIS).

• Growth moderation expected in H2 due to timing of term license renewals, changes in digital asset minting, and full integration of SIS.

• 20% increase in new client opportunities in H1, supporting a positive outlook.

Key metrics and product innovation

• Internal trade growth and stock record growth are key KPIs; internal trade growth was 11% for the quarter.

• Product investments in corporate actions, asset servicing, and DLR platform are expected to drive future opportunities.

• Wealth platform adoption and new client signings are important indicators for segment growth.