Broadridge and Pitney Bowes Announce Financial Services Industry Support for
LAKE SUCCESS, N.Y. -- October 23, 2012
Broadridge Financial Solutions, Inc. (NYSE: BR) and Pitney Bowes Inc. (NYSE:
PBI) announced today that Morgan Stanley Wealth Management and UBS Financial
Services have each indicated their support for the Volly secure digital
delivery system from Pitney Bowes.
These financial services firms plan on utilizing the Broadridge Fluent^SM
service, which enables communication through the channels of their customers’
choosing and also facilitates the distribution of communications through the
Volly service. Within this platform, Broadridge has developed services and
applications that build upon the core Volly platform to deliver an enhanced
communications experience. The Broadridge Fluent service addresses additional
requirements required by the financial services industry, including preference
and consent management, content and compliance management, insight analytics,
and audit tracking.
Using the Volly secure digital delivery service, consumers will be able to
receive, view, organize, manage, pay and store bills, statements and other
content from the companies with which they do business. The Volly service
consolidates information from multiple providers, reducing the consumer’s need
to visit multiple websites. The Volly service is free to consumers and
provides companies the opportunity to dramatically reduce their costs while
increasing consumer engagement with their brands.
The Volly secure digital delivery service was announced to mailers in the
United States in early 2011. Since then, more than fifty large mailers in the
U.S. have signed up to offer the service, representing thousands of consumer
brands and billions of pieces of mail. Australia Post has also selected the
Volly system as the technology platform for its digital mailbox service.
Doug DeSchutter, President, U. S. Regulatory and Digital Communications,
Broadridge, said, “Our clients recognize that there are more ways than ever to
communicate with their customers, and they are pursuing innovative,
technology-driven solutions to efficiently and effectively enhance their
customer relationships. The Broadridge Fluent ^ service enables financial
services firms to provide choice to their customer in terms of how and where
to receive information, while simultaneously allowing these firms to control
the experience and branding through a secure platform specifically designed
for the financial services industry.”
Chuck Cordray, President of Pitney Bowes Volly, echoed this sentiment: “We are
very pleased to see that these large, prestigious financial services firms
recognize the value of the Pitney Bowes and Broadridge collaboration. The
unique assets that we bring to the financial services industry will accelerate
consumer adoption of digital delivery for even the most sensitive financial
documents. We look forward to launching Volly to consumers and including the
important digital content these blue-chip companies provide to their clients.”
Broadridge is a technology services company focused on global capital markets.
Broadridge is the market leader enabling secure and accurate processing of
information for communications and securities transactions among issuers,
investors and financial intermediaries. Broadridge builds the infrastructure
that underpins proxy services for over 90% of public companies and mutual
funds in North America, processes more than $4.5 trillion in fixed income and
equity trades per day, and saves companies billions annually through its
For more information about Broadridge, please visit www.broadridge.com.
About Pitney Bowes
Delivering more than 90 years of invention, Pitney Bowes providesbusiness
communications software,mailing systemsandservicesthat integrate physical
and digital communications channels. Long known for making its customers more
productive, Pitney Bowes is increasingly helping other companies grow their
business through advanced customer communications management. Pitney Bowes is
a $5.3 billion company with 29,000 employees worldwide.
Pitney Bowes: Every connection is a new opportunity™.www.pb.com
Kelly M. Howard, +1-212-981-1347
Lolita Verny-Acosta, +1-203-351-6861
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