Is there a turn-key BPA solution for the brokerage industry?
There has not been a technology solution that has effectively met the end-to-end needs of brokerage operations. The situation has typically been a mix of disparate vendors providing extremely specific solutions that do not communicate with each other and do not speak to IT’s in-house applications. The industry has started taking more notice of best practices and standardized operational policies. Until recently, there have been no turn-key solutions in the market. Broadridge Financial Solutions, Inc., with more than 40 years of experience providing back-office data support to the largest financial services firms, has created Ascendis- considered by many to be the industry’s first and only turn-key Business Process Automation (BPA) solution with a singular focus on supporting the brokerage industry.