UBS Securities Canada Selects Broadridge Canada's BPS Service
Toronto, Ontario, Canada, June 29, 2010 - Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that UBS Securities Canada Inc., a subsidiary of UBS AG, has implemented Broadridge's BPS Canada service as part of UBS's integration of its North American equities operations platform.
Broadridge's BPS Canada service is a global solution that provides clients with a cost-effective processing platform, offering numerous benefits including multiple currency account structure, year-end tax processing, and BPSA real-time data repository.
James Stuart, Chief Operating Officer of UBS Securities Canada Inc., commented, "The integration of our cash equities clearing platform has significantly improved our efficiency, and permits us to leverage UBS' international operations infrastructure more effectively."
Michael Dignam, President, Securities Processing Solutions - Canada, Broadridge, noted, "We are pleased to be able to assist UBS Securities Canada Inc. in their efforts to streamline operations and provide them with the functionality to process on one North American platform, while simultaneously reducing costs."
About Broadridge
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $3 trillion in fixed-income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge, please visit www.broadridge.com.
