Broadridge Financial Solutions, Inc. (NYSE:BR) Q1 2024 Earnings Call Transcript

Page 4 of 4

And we have products in market – AI different products in market, BondGPT on the Bond side, which is one of the earliest products we’ve got quite a bit of attention and reviews on that. And we’re certainly investing to apply AI also on the governance side. So I think to the extent there’s something interesting in applying AI in the governance space, we’ll be a leader in that.

Edmund Reese: And I also – James, I just want to comment back to your first question, overall across both UBS and across the success that we’ve been seeing with DLR with our Digital Ledger Repo system. Right now, the economics to Broadridge are not material at all for any of our clients. We’ve had great success really signing that up, but the economics are still not having a significant material impact on our guidance for fiscal 2024.

James Faucette: Great, really appreciate the color on both those things.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to management for closing remarks.

Tim Gokey: Thank you very much for joining us today to talk about our strong first quarter results. We look forward to seeing you and talking to you at our Investor Day in New York on December 7, when we’ll be talking about our outlook over the next three years, which we think will be a pretty productive day. And we have – we’re pretty excited to share our forward view. Thank you.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

Follow Broadridge Financial Solutions Inc. (NYSE:BR)

Page 4 of 4