Broadridge Financial Solutions has appointed Tom Carey as President of its Global Technology and Operations (GTO) segment.
Previously President of Broadridge International, Carey reports directly to Tim Gokey, who will become CEO of Broadridge in January 2019. As President of GTO, Carey will oversee the growth of Broadridge’s core technology business globally across Capital Markets and Wealth and Investment Management. He will continue to serve on Broadridge’s Executive Committee.
“Tom is an incredibly capable, technology-focussed industry executive,” says Gokey. “Tom has driven the growth of our Global Capital Markets business and, more recently, our overall International portfolio. We see the continued mutualisation 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.”
A 25-year veteran, Carey led the combination of all of Broadridge’s international businesses into a single integrated unit earlier this year to bring Broadridge’s full scale to global client solutions. Previously, he led the rapid growth of the company’s technology and operations solutions in EMEA and APAC for nearly a decade. In 2016, he added responsibility for Global Fixed Income. Carey was instrumental in Broadridge’s multi-asset platform investments around Global Post-Trade Management, and he led the creation of Broadridge’s Eurasian utility capabilities.
“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,” says Carey. “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.”
Carey will continue overseeing Broadridge International until a new leader is formally appointed. Charlie Marchesani, former President of GTO, will serve as strategic advisor for the segment’s critical growth themes including strategy, M&A, and product management.