LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Oct. 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 FluentSM
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.”
About Broadridge
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 technology solutions.
For more information about Broadridge, please visit www.broadridge.com.
About Pitney Bowes
Delivering more than 90 years of invention, Pitney Bowes
provides business communications software, mailing
systems and services that 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
Source: Pitney Bowes
Media:
Broadridge
Kelly M. Howard, +1-212-981-1347
kelly.howard@broadridge.com
or
Pitney
Bowes
Lolita Verny-Acosta, +1-203-351-6861
Lolita.Vernyacosta@pb.com
