Broadridge Launches Service for Securities Lending Assessments

Broadridge Financial Solutions, Inc. announced the launch of Broadridge Securities Lending Board Insights, a firm-specific fund-by-fund comparative securities lending assessment solution for mutual fund companies and the boards that oversee their funds. This client-specific report lets companies monitor the relative cost, fee ‘splits’, and income obtained from their securities lending arrangements. It will also help all interested parties receive appropriate rewards for the risks they undergo in their lending programs and helps to reduce risk related to mal-distributed securities lending income.