Broadridge Gets Patent For Machine Learning Tech Enhancing Securities Based Lending
Portfolio Pulse from Benzinga Newsdesk
Broadridge Financial Solutions (BR) has been granted a patent for its machine learning technology designed to enhance securities-based lending. The technology aims to improve risk management and streamline the lending process.
June 20, 2023 | 11:01 am
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Broadridge Financial Solutions has obtained a patent for its machine learning technology, which is expected to improve securities-based lending by enhancing risk management and streamlining the lending process.
The patent grant for Broadridge's machine learning technology is a positive development for the company. It demonstrates their innovation in the fintech space and could lead to increased adoption of their solutions. This may result in higher revenues and a positive impact on their stock price in the short term.
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