LBBW Securities, LLC Goes Live on Broadridge's Operations Outsourcing Solution

LAKE SUCCESS, NY, Jan 22 (MARKET WIRE) --
Broadridge Financial Solutions, Inc. (NYSE: BR) announced that LBBW
Securities, LLC, a wholly owned subsidiary of Landesbank Baden-Wuerttemberg, is
outsourcing a range of operations functions to its subsidiary, Ridge Clearing
and
Outsourcing Solutions, Inc. LBBW has also decided to use impact(TM),
Broadridge's solution for fixed-income trade processing on an outsourced
basis.

The only offering of its kind, Broadridge's Operations Outsourcing
solutionenables LBBW to outsource the labor-intensive functions relating to
trade
clearance, settlement, and custody while leveraging Ridge Clearing's centralized
operations staff to increase economies of scale and remain an independent,
self-clearing broker-dealer. This customizable solution allows LBBW the
flexibility to outsource certain operations and back-office functions without
altering its front office operations or impacting the customer experience.

With the majority of its business in the fixed-income sector, LBBW will also
take advantage of Broadridge's best in class fixed-income processing engine,
impact,
to support its processing needs. Broadridge's impact provides regional and
global financial institutions with real-time position and balance information,
as
well as trade execution, real-time settlement and clearing interfaces for
domestic
and foreign fixed-income securities. Impact's sophisticated financing capability
and
extensive support for securities processing functionality will enable LBBW to
increase its overall efficiencies.

Andreas Oberem, Chairman, LBBW Securities, LLC, cites a variety of reasons
why
Broadridge's Operations Outsourcing solution is an ideal match for LBBW's
business needs. He stated, "As a new broker-dealer we are acutely aware of the
need to minimize our operating and staffing costs, but it was important for
us to remain independent and self-clearing. Broadridge's Operations Outsourcing
is
exactly the offering we needed due to their suite of services allowing us to
maintain processing control and the efficiencies of being self-clearing."

"LBBW represents the kind of firm that Broadridge is eager to provide our
Operations Outsourcing services to because this solution offers LBBW and any
broker-dealer the freedom to remain self-clearing and gain the considerable
cost savings associated with outsourcing the labor-intensive back-office
functions
associated with trade clearance, settlement, and custody in a way that is
seamless to its customers," said John Hogan, President and Chief Operating
Officer, Broadridge.

About Broadridge

Broadridge Financial Solutions, Inc., formerly ADP Brokerage Services Group,
with
over $2.0 billion in revenues and more than 40 years of experience, is a
leading global provider of technology-based outsourcing solutions to the
financial
services industry. Our integrated systems and services include investor
communication, securities processing, and clearing and outsourcing solutions.
We offer advanced, integrated systems and services that are dependable, scalable
and cost-efficient. Our systems help reduce the need for clients to make
significant capital investments in operations infrastructure, thereby
allowing them to increase their focus on core business activities. For more
information about Broadridge, please visit www.broadridge.com.

Press Contact:
Tony DeMeo
Broadridge Financial Solutions, Inc.
One Park Avenue
New York, NY 10016
212-918-6919
Email Contact

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