Broadridge Financial Solutions, a provider of business intelligence for the asset management industry, announced on Thursday that it has named Tom Carey, who was previously the President of Broadridge International, as the President of its Global Technology and Operations (GTO) segment.
In this new position, Carey will report to Tim Gokey, who will move to the position of CEO of Broadridge at the beginning of next year. As Presiden of GTO, Carey will be responsible for the oversight of the firm’s international core technology business across both Capital Markets and Wealth and Investment Management.
Tom Carey’s Contributions to Broadridge
Carey has been working at Broadridge for more than a decade, first joining the company back in May 2008 as a General Manager / P&L Lead. During his career at the firm, he has led the company’s rapid growth in technology and operations solutions in the EMEA and APAC regions.
Earlier this year, he also coordinated all of Broadridge’s international businesses being combined into one business unit. He has also been instrumental in shaping the company’s multi-asset platform.
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Commenting on the appointment, Gokey said: “Tom is an incredibly capable, technology-focused industry executive. Tom has driven the growth of our Global Capital Markets business and, more recently, our overall International portfolio.”
“We see the continued mutualization of technology and technology innovation as the future of the industry, and Tom is the right leader to bring the next generation of technology including AI, blockchain, cloud, and digital to our Capital Markets and Wealth and Investment Management clients globally.”
Despite his new role, Carey will continue to watch over Broadridge International until someone is chosen to fill his shoes. In addition, he will continue to serve on the company’s Executive Committee. According to the statement, the former President of GTO, Charlie Marchesani, will serve as a strategic advisor. This will be for the unit’s critical growth themes which includes strategy, M&A, and product management.
Speaking on his new role, Carey added: “Broadridge has consistently delivered scalable and proven technology and operations solutions to help clients transform while gaining significant cost efficiency.”
“Looking ahead, we aim to accelerate this pace of change on a global scale. We are uniquely positioned to help clients get ready for what’s next by providing the on-ramp to the next generation technology and innovation to help them meet their growth objectives.”