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

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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.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the machine learning technology that Broadridge has secured a patent for?

Broadridge has secured a patent for its machine learning technology which provides financial advisors with insights on securities-based lending borrowers and their engagement predicting scores.

What are the benefits of using this technology?

The new technology offers actionable insights to customers 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.

Who awarded the patent to Broadridge?

The US Patent and Trademark Office awarded the patent to Broadridge.

What does this patent signify for Broadridge?

This patent signifies Broadridge’s continued innovation in providing personalized wealth management products to meet increasing demands.

How can financial advisors utilize this technology?

Financial advisors can use this technology to gain insights on borrowers, their engagement scores, and make data-driven decisions to enhance their services.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Kunal Joshi
Kunal Joshi
Meet Kunal, our insightful writer and manager for the Machine Learning category. Kunal's expertise in machine learning algorithms and applications allows him to provide a deep understanding of this dynamic field. Through his articles, he explores the latest trends, algorithms, and real-world applications of machine learning, making it accessible to all.

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