Broadridge Financial Solutions, Inc. has launched Ascendis, the only brokerage-specific business process management (BPM) application from a leading full-service outsourcing provider to the global financial industry.
Ascendis combines business process automation and enterprise notification functionality, enabling retail and institutional broker-dealers and clearing firms to optimize processing activities across the front, middle and back offices.
“As a newly independent company, Broadridge has an opportunity to provide platform-agnostic offerings that meet the needs of a broader universe of broker-dealers,” says Dushyant Shahrawat, research area director of TowerGroup. “Additionally, in this environment of increased IT complexity and rapidly rising data volumes, out-of-the box BPM solutions designed specifically for the brokerage industry will be important to an institution’s success.”