Broadridge Canada Appoints Chad Alderson as General Manager for Global Tech and Operations
<p>Broadridge Financial Solutions, Inc. has appointed Chad Alderson as the General Manager for Global Technology and
Operations in Canada. </p><p>Alderson, a seasoned professional with a background
in financial services, will steer Broadridge's GTO division, contributing
to the optimization of global trading technology and
operations. He will be in charge of modernizing wealth management and capital market offerings.</p><p>His appointment as the General Manager of GTO in Canada
marks a pivotal moment for <a href="https://www.financemagnates.com/tag/broadridge/" target="_blank" rel="follow">Broadridge</a>. With a career spanning over two decades,
including his recent role as the VP at TD Bank, Alderson is experienced in driving change
in the financial services sector, the company mentioned in its official
statement. </p><p>Broadridge Eyes Expansion in Canada</p><p>Alderson mentioned: “Canada is a critical market, and
Broadridge is a trusted technology partner and innovator with a proven track
record of powering and helping transform Canadian financial services
organizations.” </p><p>“Working alongside Karin, our GTO teams, and our
Canadian associates, it is my goal to deliver software and service excellence
to our clients as they <a href="https://www.financemagnates.com/terms/l/leverage/">leverage</a> Broadridge’s solutions to grow their
businesses.”</p><p>As the Head of Broadridge's Canadian wealth, capital
markets, and asset management business activities, Alderson will collaborate
with various departments to deliver services to Broadridge's clients. According to the company, his new
responsibilities include overseeing the GTO roadmap for strategic growth and
introducing next-generation solutions.</p><p>Alderson's Previous Leadership Roles</p><p>Before joining Broadridge, Alderson served as the
Chief Executive Officer and Director at LTI Financial Services Technology,
where he was responsible for enhancing service lines to meet clients' evolving
needs in Canada's banking, financial services, and insurance sectors.</p><p>Last year, Broadridge <a href="https://www.financemagnates.com/institutional-forex/broadridge-ignites-fiscal-2024-with-8-revenue-increase/" target="_blank" rel="follow">posted strong financial results</a> for the first quarter of the fiscal year 2024, highlighting a surge of
8% in total income, at $871 million, and a remarkable 30% increase in adjusted
earnings per share, reaching $1.09. </p><p>The company’s operating income margin improved from
6.8% to 10.4. Investor Communication Solutions recorded an increase of 12% in revenue,
while Global Technology and Operations experienced a boost of 11% in recurring
revenues.</p><p>This success was credited to new business
acquisitions and internal growth, particularly in <a href="https://www.financemagnates.com/tag/capital-markets/" target="_blank" rel="follow">capital markets</a> and wealth
and investment management. Additionally, this growth is attributed to organic
expansions within the firm's Global Technology and Operations and Investor
Communication Solutions segments.</p>
This article was written by Jared Kirui at www.financemagnates.com.
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