Financial Solutions, Inc. (NYSE:BR) appointed Jay Pila as senior vice president and general manager of its Securities Processing Solutions, International business for the Americas, responsible for driving growth initiatives for Broadridge’s international processing software range for banks and brokers, investment managers and corporate treasurers.
Broadridge’s international processing software forms a core component of its strategic growth roadmap. The companys software includes its multi-asset international trade processing and settlement software, Gloss; the PROactive range of reconciliation and operational risk management software gained through the acquisition of City Networks in 2010; and Broadridge’s international SWIFT service bureau.
Pila joins Broadridge with more than 24 years of experience in the financial services industry, with a strong track record of driving revenue growth and building industry relationships. Before joining Broadridge, Pila was most recently with Fiserv where he was a divisional general manager and the corporate senior vice president of the sales division for investment services.
“We are delighted to welcome Jay to head up our expanding business in the Americas,” says Tom Carey, CEO of Securities Processing Solutions, International, Broadridge. “Jay joins us at a time when we are witnessing increased demand for our Gloss solution by US-domiciled entities to service their growing overseas flows as they seek to diversify globally. Our recently acquired reconciliation solutions stand to benefit from our US parentage and, along with our SWIFT bureau, position us more broadly to extend our services to the banking and corporate treasury sectors. Through Jay’s leadership and business development acumen, we will look to capitalize on these growth opportunities while delivering the highest standards of service to our client base.”
Pila adds: “This is an exciting time to join Broadridge. Its international solution range offers a compelling value proposition for both new and existing clients, and I see tremendous potential to leverage the Broadridge brand, its market relationships and service reputation.
(CM)