Broadridge and Kyndryl Strengthen Collaboration for Future-Ready Financial Services

Strengthening the Financial Services Backbone



Broadridge Financial Solutions and Kyndryl have announced an exciting extension of their long-standing partnership, focusing on enhancing the resiliency and efficiency of Broadridge's core platforms. This collaboration aims to incorporate cutting-edge AI capabilities and quantum-safe technologies, ensuring that their infrastructure is not only robust but also future-ready.

The agreement will facilitate the modernization of Broadridge's data centers, focusing on improving network architecture and mainframe environments. A critical component of this endeavor involves the investment in next-generation platforms that prioritize both security and performance. Kyndryl’s innovative technologies, particularly the Kyndryl Bridge and Agentic AI Framework, will play a vital role in driving this transformation, enabling smoother trading and wealth management operations.

Commitment to Financial Resiliency



Tyler Derr, CTO of Broadridge, emphasized the importance of infrastructure resilience in today's financial landscape. He stated, "Our platforms support clients across all global financial services, where resiliency and trust are non-negotiable.” By strengthening their infrastructure and rolling out AI-enhanced capabilities, Broadridge aims to meet the growing demands of regulatory compliance and market stability.

The incorporation of Kyndryl's artificial intelligence will allow for smarter operations, leading to quicker issue resolutions and a decrease in technical complexities that often hamper productivity.

Meeting Operational Challenges



As they expand their partnership, Kyndryl is uniquely positioned as a critical third-party service provider, capable of helping Broadridge navigate risk management effectively. Jamie Rutledge, President of Kyndryl U.S., remarked, "By modernizing core platforms and integrating AI-enabled operations alongside quantum-safe capabilities, we are helping Broadridge run mission-critical systems with greater confidence today while preparing for what comes next.”

The collaboration will ultimately enhance the resiliency, availability, and future readiness of Broadridge's platforms, which are essential for vital trading and financial operations. Clients can expect:
  • - Improved Performance and Scalability: The upgrades aim to handle increased trading and communication demands reliably, without compromising service quality.
  • - Increased Security Measures: Given the intricate and evolving risk environment, having a more secure operation aligns with contemporary regulatory necessities.
  • - Faster Issue Resolution: The AI capabilities will help in forecasting and solving potential issues before they become detrimental to service.
  • - Innovative Technology Foundation: The underlying systems will be fortified to not only protect but also support ongoing innovation efforts.

Conclusion and Future Outlook



In summary, the extended agreement between Broadridge and Kyndryl marks a significant step forward for both firms, ensuring that they remain at the forefront of technology-driven financial services. This collaboration represents not merely an enhancement of existing capabilities but a proactive approach to future challenges in a fast-evolving financial landscape. Broadridge remains committed to maximizing operational resiliency and transforming client experiences through continuous innovation.

For further information, visit Broadridge Financial Solutions and Kyndryl.

Topics Business Technology)

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