Broadridge received both awards in recognition of its international expansion programme as it continues to grow its solutions and add value to its ever-growing global client relationships. The award for Most Effective STP Solution recognised the continued extension of Broadridge's SPSI business beyond its core back office solution heritage, in which it continues to be an established leading provider through its ongoing investments in asset class and market expansion, through the introduction of new complementary solutions for reconciliation and process control offered via its PROactive solution range to all financial sectors.
The award for CEO of the Year, to Tom Carey, president of Broadridge's SPSI business, was made in recognition of Tom's leadership citing the expansion of Broadridge's international services through the acquisition of reconciliation and operational risk management solution vendor City Networks, the recent acquisition of a solution that advances Broadridge's fixed income solution in Japan, and Broadridge's impressive international growth over this period.
The Systems in the City Awards were introduced in 1999 by Goodacre, a leading specialist consultancy firm, to recognise companies and individuals that provide services to the securities industry. The award winners are decided by an independent panel of judges based on their performance over the preceding 12 months.
Stephen Pinner, Managing Director, Goodacre, the firm that hosts and organises the awards ceremony, said, "I congratulate Broadridge on their achievement as a double award winner. Against the backdrop of an industry emerging from recession, they have remained steadfastly committed to their ethos of investing in their portfolio of solutions and services, while increasing their relevance by adding further value to a broadening global client base."