LONDON--(Marketwire - October 02, 2007) - Broadridge Financial Solutions,
Inc. (NYSE:
BR), formerly ADP Brokerage Services Group, has announced that Villeroy and
Boch, the leading European home lifestyle brand, is the first corporate client
to use its SWIFT Service Bureau. Broadridge is one of the first SWIFT service
bureau providers to set up an infrastructure for corporate clients.
Corporates are able to use Broadridge's SWIFT Service Bureau to connect to
the SWIFT network in a number of ways: as a TRCO (Treasury Counterparty), in an
MA-CUG (Member Administered - Closed User Group), or within SCORE (Standardised
Corporate Environment). Villeroy and Boch will use the SWIFT Service Bureau for
its corporate treasury department's payments messaging and for connectivity with
its banking partners using the SCORE approach.
The Broadridge SWIFT Service Bureau provides fast-track access to the SWIFT
network for the full range of SWIFT messages including securities, treasury,
derivatives, payments and cash management, all in a secure data centre
environment along with a host of value-add services such as FileAct, message
mapping, reformatting and white labelled web access.
"The Broadridge SWIFT Service Bureau gives us very quick access to SWIFT
messaging capabilities for secure and standardised messaging, on a
cost-effective basis," said Dr. Markus Warncke, Villeroy and Boch's Treasurer.
"We are delighted to welcome Villeroy and Boch as the first corporate client
on our SWIFT Service Bureau. Our SWIFT Service Bureau, including our SWIFT
Transaction Manager (STM), has been upgraded to cover the SWIFT standards, and
to help meet the requirements and market needs of corporate clients. We have
invested in our services to enable corporate usage either directly or via a
firm's banking partner," said Andreas Günther, a Managing Director of Broadridge
in Europe.
About Broadridge
Broadridge Financial Solutions, Inc., formerly ADP Brokerage Services Group,
with over $2.0 billion in revenues and more than 40 years of experience, is a
leading global provider of technology-based outsourcing solutions to the
financial services industry. Our systems and services include investor
communication, securities processing, and clearing and outsourcing solutions.
Broadridge offers a broad, integrated suite of innovative global solutions
across the investment lifecycle and provides a wide range of cost-effective and
scalable solutions to the financial industry. Our systems help reduce the need
for clients to make significant capital investments in operations
infrastructure, thereby allowing them to increase their focus on core business
activities. For more information about Broadridge, please visit
www.broadridge.com.
Contact:
Media:
Mike West
Broadridge Financial Solutions, Inc.
London
T: +44 (0)20 7551 3224
E: mike.west@broadridge.com
