Broadridge and Uptiq formalize a significant collaboration

Broadridge and Uptiq formalize a significant collaboration

In a move that promises to streamline and modernize the securities-based lending (SBL) process, Uptiq's AI-driven financial services platform has been integrated into Broadridge Financial Solutions' Wealth Lending Network (WLN).

The integration brings together Uptiq's AI capabilities with Broadridge's digital lending platform, providing financial advisors, particularly those unaffiliated with banks, with seamless access to a network of lenders offering lines of credit backed by securities. This partnership aims to provide more credit options and liquidity solutions to clients, facilitating their financial goals with enhanced speed, efficiency, and regulatory compliance.

Financial advisors will now have access to AI-driven tools that automate manual SBL tasks such as referral submission, loan processing, and covenant tracking. They will also find it easier to source, compare, and tailor securities-based loan options to clients’ needs. This integration will result in smarter, personalized lending recommendations being delivered more efficiently.

Moreover, the partnership aims to improve compliance adherence through automated processes, saving time and reducing friction and complexity in providing credit solutions. The integration will automate a range of manual tasks, making the SBL process more efficient and less prone to errors.

Broadridge, headquartered in Lake Success, New York, and employing over 14,000 associates in 21 countries, processes and generates more than seven billion communications a year. The company, publicly traded on the NYSE under the ticker BR and with a market capitalization of $31 billion, supports the trading of more than $10 trillion of securities internationally.

Uptiq, previously known as Cion Digital, made its platform debut at our platformSpring 2022. The firm's agentic AI-powered apps automate lending, banking, and wealth management workflows, while the AI Workbench provides a no-code platform to facilitate both workflow deployment and future growth. Uptiq's platform combines deep domain expertise with AI to streamline operations and produce better outcomes across financial workflows.

The partnership includes a minority investment from Broadridge Financial Solutions, but the amount was not disclosed. Uptiq rebranded the following year to underscore its commitment to serving wealth managers and financial advisors. The company's rebranding was a strategic move to position itself as a key player in the wealth management industry.

In summary, the integration of Uptiq's AI-powered platform into Broadridge's WLN transforms the SBL process by simplifying and automating key tasks, expanding credit access, and allowing financial advisors to focus more on client relationships and strategic advice rather than operational complexities. This partnership is set to revolutionize the wealth management industry, making it more efficient, compliant, and client-focused.

[1] Broadridge Press Release: Broadridge and Uptiq Announce Strategic Partnership to Simplify Securities-Based Lending for Financial Advisors [2] Uptiq Press Release: Uptiq Rebrands to Emphasize Commitment to Wealth Managers and Financial Advisors [3] Broadridge Corporate Profile: Broadridge Financial Solutions [4] Uptiq Corporate Profile: Uptiq

Businesses and financial advisors can now leverage technology to streamline and modernize the securities-based lending (SBL) process, thanks to the integration of Uptiq's AI-driven financial services platform into Broadridge Financial Solutions' Wealth Lending Network (WLN). This partnership is aimed at providing more credit options and liquidity solutions to clients, making financial goals more attainable with improved speed, efficiency, and regulatory compliance.

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