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Bloomberg Businessweek

Broadridge CEO on Digitization and Democratization of Investing

Dec 8, 2023
09:14
Snipd AI
Tim Gokey, CEO of Broadridge, discusses the digitization and democratization of investing. He talks about Broadridge's role in powering financial services, their services and revenue generation, and the technological challenges in trade settlement. He also shares personal experiences during a stock market crash and highlights the importance of technology in the financial industry.
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Podcast summary created with Snipd AI

Quick takeaways

  • Broadridge provides critical infrastructure that supports governance, capital markets, and wealth management, connecting market participants and supporting the democratization of investing.
  • Broadridge recognizes the trend of democratization of investing, facilitating communication with retail shareholders and offering AI tools for enhanced products.

Deep dives

Broadridge: Powering Financial Infrastructure and Services

Broadridge is a global fintech company that plays a crucial role in the financial services industry. They provide critical infrastructure that supports governance, capital markets, and wealth management. Their unique network connects market participants, including public companies, broker dealers, and investors, enabling corporate governance and supporting the democratization of investing. Broadridge offers a range of services, from communication platforms for corporate governance to technology platforms for capital markets and wealth management firms. They are investing in AI to enhance their products and provide greater efficiency, such as pre-trade analytics and generative AI. They are also adapting to industry changes, like the shift to T+1 settlement, and helping their clients navigate technological upgrades.

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