SEI Clients Can Access to Broadridge's Global Securities Class Action Services

SEI Clients Can Access to Broadridge's Global Securities Class Action Services
27.07.2016 11:15 am

SEI Clients Can Access to Broadridge's Global Securities Class Action Services

Infrastructure

 Broadridge Financial Solutions, Inc. signed an agreement with SEI that will provide SEI private banking clients access to Broadridge's global securities class action services.

Through the new strategic partnership, SEI private banking clients can elect to utilize Broadridge's services, which will monitor securities class action lawsuit settlements worldwide to spot opportunities to help recover funds for SEI clients and their customers. Broadridge's solution includes case and settlement research, class action notifications and distribution, loss calculation, completion and submission of claims forms, collection of payments, and associated recordkeeping and reporting.

"The securities class action space has become more complex and the need for an efficient, scalable and reliable provider with a proven track record is more important than ever," said Sandy Ewing, senior vice president, TRUST 3000, SEI Private Banking. "Broadridge has been a trusted partner for over 20 years. Global securities class action services is another example of Broadridge leading the industry with technology, service, and expertise that will ensure the highest level of satisfaction for the end-customer."

"Securities class actions are an increasing area of focus for sophisticated investors, with billions of dollars in settlements that go unclaimed each year. We are pleased to offer SEI private banking clients the opportunity to efficiently and effectively manage the research, filing and recovery process," said Joseph Vicari, vice president of business development, Broadridge.

This new strategic partnership is an expansion of the proxy voting, corporate actions, first-dollar-in prospectus fulfillment and master-limited partnership tax reporting solutions Broadridge has provided to SEI and its clients for over 20 years. Effective immediately, SEI private banking clients will be able to select Broadridge as their provider of global securities class actions filing and recovery services.

Related News

Sopra’s Financing Platform Helping Fuel Hyundai Capital America’s Expansion

Sopra Banking Software announces the go-live of its Cassiopae leasing and lending software at Hyundai Capital America (HCA). Cassiopae, part of the Sopra Financing Platform, is... Read more »

ZagTrader Boosting Startups globally with its New Program - ZagStartUp

ZagTrader has announced today the launch of its new program ZagStartUp to provide a boost to the startup ecosystem in the financial market sector. ... Read more »

Exactpro awarded Innovation accolade for Blockchain project with R3

Exactpro, a leading software testing provider for financial market infrastructures, is pleased to announce the receipt of QA Financial’s “Automation Technology Project of the... Read more »

4 reasons why you shouldn't miss Khaleej Times Remote Workforce Summit 2020

This virtual event aims to bridge the gap between office workstation and your own remote work zone.

Read more »

FINOS to Expand Open Source Technology

... Read more »

SIA Launches the Blockchain Infrastructure For ABI’s New Application “Spunta Banca DLT”

SIA has launched the blockchain infrastructure to enable the "Spunta Banca DLT" application, the initiative promoted by ABI (Italian Banking Association) and coordinated by ABI... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel