Broadridge, a provider of investor communications and technology solutions, has announced expansion within its Global Class Action footprint. This expansion coincides with a notable surge in the volume and complexity of class action cases worldwide.

Enhancing Team to Address Global Class Action Surge

In Canada, Broadridge has appointed Vicki Leonidis to the position of Relationship Manager, at Global Class Action Broker Services, based in Ontario. With nearly a decade of experience in managing relationships within the Canadian broker-dealer space, Leonidis brings a wealth of knowledge to Broadridge's class action business.

Her role will focus on enhancing services and oversight for the company's largest Canadian and international Global Securities Class Action Broker Dealer clients. Leonidis will report to Brooks Robinson, the Senior Manager of Client Services, and will be pivotal in bolstering Broadridge's presence in the Canadian market.

Simultaneously, Broadridge has expanded its team in the United Kingdom with the addition of Jean-Paul Joseph as the Relationship Manager at Global Class Action Custody Services, based in London. Joseph brings over a decade of experience in servicing clients in the UK and Europe, having managed key relationships in the Investment Management and Asset Services industry with esteemed organizations, such as Russell Investments, Fidelity, and CACEIS.

In his new role, Joseph will be responsible for cultivating and managing Class Action relationships with custodians in the UK/Europe region, reporting to Scott Olson, the Senior Manager of Global Class Action Custody Services.

Japanese SBI Securities Partners with Broadridge for UK Market Entry

In parallel, the UK equities brokerage market is set for the entry of Japanese SBI Securities, as reported by Finance Magnates. It has collaborated with Broadridge Financial Solutions to inaugurate its services in the region. This partnership capitalizes on their existing collaboration, wherein Broadridge already processes SBI Securities' Japanese equities transactions in Hong Kong and Singapore.

Leveraging Broadridge's ASP cloud environment through its UK subsidiary, SBI Shinsei International Limited, the firm aims to streamline operations and elevate client services. Additionally, the adoption of Broadridge's Swift Service Bureau will automate Swift messaging workflows with its custodian, enhancing efficiency in transaction processes.