Broadridge and UBS Announce Partnership for Wealth Management Platform

Broadridge Financial Solutions, Inc. and UBS announced a strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge’s new wealth management industry platform. With the Broadridge Wealth Platform, UBS WM USA will deploy an integrated front-to-back office solution that optimizes Financial Advisor productivity. Broadridge’s new platform will include an advisor desktop and customizable tool set. Key advisory features will include performance reporting, managed accounts support, sleeve accounting, multi-market order management and trade routing, and full back-office functionality that handles multi-currency, global clearance and settlement, asset servicing, and integrated workflow across the entire enterprise to accelerate client on-boarding and other key service tasks. The Broadridge Wealth Platform will be fully open with a real-time data fabric and API structure that enables connectivity to UBS’s proprietary and third-party applications.