Edward Jones has chosen Broadridge Canada’s new issue fulfillment solution, Broadridge Financial Solutions, Inc. (NYSE:BR) said Tuesday.
The system lets the full service investment dealer communicate and deliver transaction confirmations and required compliance documents for new issue equity and fixed income products in Canada.
The solution incorporates print on demand technology with inventory management and provides concise audit reporting. It supports multiple new issues at the same time while ensuring that the most current documents are available for distribution.
The results of this service implementation will be minimized costs and substantial improvements in operational efficiencies, Broadridge says.
“The new issue service is an example of our commitment to create innovative outsourcing solutions for our Canadian clients,” said Donna Bristow, VP client management and strategic product development, Canada, Broadridge. “By working closely with the Edward Jones team, and tapping into our global securities experience, we created a new issue solution that offers economies of scale and innovation.”
Broadridge is a technology services company focused on global capital markets.