Broadridge and Pitney Bowes Re-Invent Mail in the Cloud with Amazon Web
New Digital Exchange Securely Distributes Communications Including Statements
and Billsto Consumer-Selected Channels
NEW YORK, Nov. 14, 2013
NEW YORK, Nov. 14, 2013 /PRNewswire/ --Broadridge Financial Solutions, Inc.
(NYSE:BR) and Pitney Bowes Inc. (NYSE:PBI) today announced an interactive
digitalcommunicationsexchange that will make it easier for businesses to
communicate with consumers about their most important transactions. This new
platform, powered by Amazon Web Services (AWS), will enable consumers to
securely receive and store documents and manage payments on any participating
online channel they choose. The companies made this announcement at the AWS
re:Invent Conference in Las Vegas.
The digital communications exchange will empower consumers to more easily
automate and manage payments such as their credit cards and mortgage, as well
as organize important documents such as tax information and health insurance
through their tablet, mobile phone or computer -- all while reducing their
paper consumption. Sitting atop the AWS highly secure and reliable cloud
storage solution, consumers will have an impressive seven-year archive of
documents that they can access from anywhere, at any time.
This new service will allow companies to digitally distribute documents to
their customers via a variety of secure online channels that the exchange
feeds. By consolidating account activity to a single platform with a single
integration, companies will be able to provide consumers with tailored
communications together with advanced customer service and long-term storage
of electronic communications – while eliminating the need for the customer to
manage multiple website logins and passwords.
One of the first platform channels that will be made available will be an
application for Kindle Fire tablets available via the Amazon Appstore. This
application will enable millions of Kindle Fire tablet users to access and
manage their most important documents in just a few clicks. This application
was demonstrated at the AWS re:Invent Conference and will be released in the
first quarter of calendar year 2014.
"We are excited to be working with Broadridge and Pitney Bowes as they
leverage the power of AWS technologies to bring new capabilities to financial
communications and encryption," said Ariel Kelman, Head of Worldwide
Marketing, AWS. "With AWS, they are able to gain the benefits of flexibility,
reliability and security delivered by the AWS cloud."
The digital communications exchange is powered by some of the most respected
businesses in the United States. Broadridge Financial Solutions, whose
technologies power the securities industry, is combining its Fluent
communications solution with Pitney Bowes' digital mail expertise, technology
and extensive reach to businesses of all sizes. The platform will run on AWS
infrastructure to centrally manage communications for businesses that sign up,
including financial institutions such as banks, brokers, asset managers, and
insurance companies, utilities, telecommunication companies, small businesses
and a host of other businesses.
"Broadridge is transforming communications for our clients and we are pleased
to be working with AWS and Pitney Bowes to revolutionize this process," said
Doug DeSchutter, President, U.S. Regulatory and Digital Communications,
Broadridge. "Together we are creating an innovative service that enhances the
consumer experience and offers greater interaction with consumers to build
brand loyalty and create new revenue opportunities."
"We are confident that this digital communications exchange will help
companies deliver documents securely and more efficiently all while engaging
customers where they are making transactions," says Chuck Cordray, President
of Digital Mail Solutions, Pitney Bowes. "By giving companies the ability to
go through a single integration point to distribute their content where their
consumers choose to go, we are going to dynamically change the online
relationship between consumer and company."
This digital communications exchange will be branded and is expected to launch
in the first quarter of 2014. For more information about this service, please
contact Brian.Wilson@pb.com or Adam.Berke@broadridge.com.
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of
investor communications and technology-driven solutions for broker-dealers,
banks, mutual funds and corporate issuers globally. Broadridge's investor
communications, securities processing and business process outsourcing
solutions help clients reduce their capital investments in operations
infrastructure, allowing them to increase their focus on core business
activities. With 50 years of experience, Broadridge's infrastructure
underpins proxy voting services for over 90% of public companies and mutual
funds in North America, and processes more than $5 trillion in fixed income
and equity trades per day. Broadridge employs approximately 6,400 full-time
associates in 13 countries.
For more information about Broadridge, please visit www.broadridge.com.
About Pitney Bowes
Pitney Bowes provides technology solutions for small, mid-size and large firms
that help them connect with customers to build loyalty and grow revenue. Many
of the company's solutions are delivered on open platforms to best organize,
analyze and apply both public and proprietary data to two-way customer
communications. Pitney Bowes includes direct mail, transactional mail and
call center communications in its solution mix along with digital channel
messaging for the Web, email and mobile applications. Pitney Bowes: Every
connection is a new opportunity™. www.pb.com.
Broadridge Financial Solutions Inc.
Pitney Bowes Inc.
SOURCE Broadridge Financial Solutions, Inc.
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