Broadridge’s Machine Learning Technology Secures Patent to Improve Securities Based Lending

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Global Fintech leader Broadridge Financial Solutions has secured a patent from the US Patent and Trademark Office for its machine learning technology that enhances securities-based lending. Broadridge’s technology allows wealth organisations and financial advisors to efficiently target high propensity prospects and reduce loan attrition, among other valuable insights. Wealth management firms can utilise Broadridge’s actionable insights to identify high-value clients and deepen relationships with them. The patent comes at a time when securities-based lending solutions have become a key differentiator for financial advisors as clients seek personalised financial advice and alternatives to liquidity in a rising interest rate environment, according to Broadridge’s latest SBL research. Broadridge’s SBL service is one of many component solutions it offers wealth management firms, which are designed to increase productivity, personalise the investor experience, digitise operations, and deliver cost efficiencies.

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Frequently Asked Questions (FAQs) Related to the Above News

What is Broadridge Financial Solutions?

Broadridge Financial Solutions is a leading global fintech company that provides technology solutions to financial institutions and corporations.

What is the patent that Broadridge has secured?

Broadridge has secured a patent for its machine learning technology that enhances securities-based lending.

What are some of the benefits of Broadridge's technology for wealth organisations and financial advisors?

Broadridge's technology allows wealth organisations and financial advisors to efficiently target high propensity prospects and reduce loan attrition, among other valuable insights.

How can wealth management firms utilise Broadridge's actionable insights?

Wealth management firms can utilise Broadridge's actionable insights to identify high-value clients and deepen relationships with them.

Why is the patent significant for Broadridge?

The patent comes at a time when securities-based lending solutions have become a key differentiator for financial advisors as clients seek personalised financial advice and alternatives to liquidity in a rising interest rate environment, according to Broadridge's latest SBL research.

What other solutions does Broadridge offer for wealth management firms?

Broadridge offers a range of component solutions for wealth management firms, including those designed to increase productivity, personalise the investor experience, digitise operations, and deliver cost efficiencies.

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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