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Broadridge Financial Solutions, a provider of proxy voting and other investor services, reports that the U.S. Patent and Trademark Office has issued a second patent for the company’s portfolio-specific printing technology.
U.S. Patent No. 8,396,785 (the ‘785 patent) “expands Broadridge’s patent protection on personalized investor-information packages to be delivered to the investor, in either paper or electronic format, to help firms satisfy their compliance obligations and communicate according to investor preferences,” the company states.
“By personalizing investor disclosure to include only information relevant to the recipient’s holdings, Broadridge trims down industry-standard variable annuity ‘big books’ by as much as 80% to 90%, creating a better communication and significantly reducing printing and postage costs for distributors,” according to the company’s statement.
Need a Reprint?- Read More:
- Broadridge Financial Solutions
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