Broadridge Secures Patent for Machine Learning Technology Focused on Securities-Based Lending

Broadridge Financial Solutions has announced that it has recently been awarded a patent for its machine learning technology. The technology helps the fintech company to provide financial advisors with insights on securities-based lending borrowers and their engagement predicting scores. With the new technology, Broadridge can offer its customers actionable insights that allow them to reduce loan attrition, identify high prospectors clients, and better understand overall trends in their books, which can inform their business decisions and improve budgeting predictability. The US Patent and Trademark Office awarded the patent, which was seen as a sign of Broadridge’s continued innovation in providing personalized wealth management products to meet increasing demands.