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New Broadridge Whitepaper Highlights Operational Resilience and DORA Compliance Challenges Facing Global Financial Services

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EU regulatory deadline requires a prompt industry response; globally, operational resiliency shortfalls can be addressed and scaled via mutualized services

NEW YORK and LONDON, Sept. 4, 2024 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, released a new whitepaper focused on the imperative need for financial services firms to enhance their operational resilience in reaction to the European Union’s Digital Operational Resilience Act (DORA) and other global regulations. This comprehensive whitepaper, titled ‘Building Resilience Across Borders: A holistic approach to global operational resilience and navigating the regulatory maze,’ highlights the extensive regulatory expectations and the strategic preparations necessary for compliance.

“Now more than ever, operational resiliency is a critical priority for financial firms around the world, driven by a fundamental need to strengthen trust and security in response to the growing risk of cyberattacks and disruptions,” said Mike Sleightholme, President of Broadridge International. “The broad and in-depth scope of DORA mandates a significant transformation in risk management frameworks, policies and governance structures relating to both inhouse and third-party systems, posing urgent challenges that the industry needs to address ahead of the January 17, 2025 deadline.”

“Regulators are emphasizing and prioritizing operational resilience, yet there is a growing sense that many firms remain far from ready, exposing themselves not only to operational resiliency risk but also to regulatory compliance risk,” said Virginie O’Shea, Founder of Firebrand Research, who worked with Broadridge to develop the whitepaper. “Firms must act now to mobilize their DORA action plans, including a detailed assessment of their critical systems and services, and an impact analysis to ensure they can deliver a compliant operating model and meet recovery and reporting objectives aligned to DORA’s requirements.”

Key findings from the whitepaper include:

  • Worldwide regulatory priority: Besides the EU, regions such as the US, Canada, the UK, South Africa, Japan, Hong Kong, Singapore and Australia are also tightening their operational resilience regulations.
  • Global scope and impact of DORA mandates significant changes to operational risk management and resilience across nearly all areas of financial services, impacting firms operating in the EU irrespective of where their headquarters and third-party suppliers are located.
  • Clock is ticking, firms must begin their DORA compliance preparations now, as the January 2025 enforcement date necessitates extensive system reviews and data reporting readiness. Firms must focus resources on mobilising their action plan, potentially leveraging mutualized shared services.
  • Watch out for regulatory enforcement, noncompliance with operational resilience mandates is likely to result in stringent enforcement actions. Firms need to start prioritizing cybersecurity and risk reduction today.
  • Increased regulatory focus on third-party service providers and internal IT systems highlights the need for thorough operational reviews and compliance assurance.

To download the full whitepaper, click here.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com.

Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
[email protected] 

Media:
Gregg Rosenberg
Global Head of Corporate Communications
[email protected] 

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Stax Appoints Peter Rodrigues-Renon as Director to Lead EMEA Value Creation Practice

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — Stax LLC, a global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks, is pleased to announce the appointment of Peter Rodrigues-Renon as a Director, leading the EMEA Value Creation practice in the London office. Peter brings extensive expertise in driving value creation through the alignment of strategy, commercial insights, and operational execution.

“His proven ability to define, quantify, and implement actionable value creation plans will enhance Stax’s capabilities to deliver measurable, sustainable results for its clients,” said Vince Zosa, Managing Director, Value Creation. “Peter will drive our growth in three critical areas: expanding our European capabilities in strategy, commercial excellence, and pricing, while building on our proven success in supporting our clients’ portfolio companies; leading Stax’s international expansion to meet the increasing global needs of our private equity clients; and leveraging his deep expertise in technology—particularly in digitalization, AI, and tech-enabled growth—to advise our clients on unlocking transformational value.”

Peter’s career includes leadership roles at EY-Parthenon, Alvarez & Marsal, and PwC, where he built a track record of delivering impactful results for private equity and corporate M&A initiatives. He has led complex buy-side transactions, including multi-territory integrations, carve-outs, and public-to-private transitions. His expertise spans multiple sectors, with a particular focus on technology and software, business services, and consumer markets.

“It is a privilege to join Stax at such an exciting time,” said Peter Rodrigues-Renon. “The opportunity to scale Stax’s proven US capabilities in the UK and EMEA markets is unique and energizing. Stax’s data-driven, action-orientated mindset aligns perfectly with my approach. I focus on bridging strategy with operational execution to help private equity clients unlock the full potential of their investments. By operating at the intersection of strategy and operations, I deliver impactful, sustainable results while collaborating closely with management teams to drive success.”

Phil Dunne, UK Managing Director, highlighted the significance of Peter’s appointment. “Peter’s combination of strategic insight, operational expertise, and deep sector knowledge makes him an outstanding addition to the team. His entrepreneurial mindset, coupled with his experience in delivering value creation strategies, aligns perfectly with Stax’s culture and commitment to client success. Peter’s leadership will play a key role in accelerating our growth and delivering best-in-class outcomes for our clients in the UK and beyond.”

Stax’s London office has rapidly expanded to support growing demand from private equity firms and portfolio companies across EMEA. The addition of Peter Rodrigues-Renon reinforces Stax’s commitment to delivering transformative value creation strategies, combining local expertise with global resources to meet the evolving needs of its clients.

About Stax LLC
Stax LLC is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, healthcare, business services, industrial, consumer/retail, and education. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. Please visit www.stax.com and follow Stax on LinkedIn, Instagram, Threads, and Facebook

Stax - a global strategy consulting firm

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Stanton Chase Announces Board Changes for 2025

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Çağrı Alkaya Named Global Chair in Leadership Transition

LONDON, Jan. 9, 2025 /PRNewswire/ — Çağrı Alkaya, Managing Partner of Stanton Chase London and former Board Member and Vice Chair, Regions, has been elected as Global Chair of the Board at Stanton Chase, succeeding Kristof Reynvoet.

Panos Manolopoulos, Managing Partner at Stanton Chase Dubai and Greater China, will assume the role of Global Vice Chair, Regions, vacated by Çağrı Alkaya.

The Board will maintain its strong foundation of leadership with continuing members and Global Vice Chairs, Bernardita Mena Aldunate (People Excellence), Ken Nimitz (Finance), and Tom Christensen (Practice Groups), whose expertise and experience will continue to be assets to the organization.

“The past years have been an incredible journey,” said Kristof Reynvoet. “Working alongside such talented colleagues and watching our organization grow from strength to strength has been the highlight of my career. I can’t think of anyone better suited than Çağrı to lead us into our next chapter.”

“I’m truly honoured to take on this role,” said Çağrı Alkaya. “Kristof has been a wonderful colleague, leader, and friend to many of us. Building on our work of the past two years, we’ll continue to focus on what matters most—our people, our clients, and the collaborative spirit that makes Stanton Chase special.”

“We certainly have exciting plans for Stanton Chase,” added Alkaya. “We will continue to provide best-in-class services for our clients, emphasizing our values, purpose-driven culture, and commitment to exceptional client satisfaction. I want us to grow—both organically and through smart partnerships—but always with purpose. That means working hard to deliver excellence for our clients, driving our business forward, finding exceptional talent both for our clients and our own teams, and enhancing our operational excellence. Most importantly, we’ll keep building on the culture that makes us special. In my 18 years here, I’ve seen that when you combine real teamwork with hard work and match strong governance with shared values, you create something remarkable.”

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The appointments are effective January 2025.

About Stanton Chase

For over three decades, Stanton Chase has been at the forefront of corporate leadership, providing unparalleled support to our clients. As a top-ranked global retained executive search and leadership advisory firm, with over 70 offices in 45 countries, we take pride in being more than just leadership service providers; we are your trusted partners in leadership.

Press Contact
Russell Kalam, Stanton Chase, [email protected]  

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Levine Leichtman Capital Partners to Invest in Zero100 in Partnership with Management

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LONDON, Jan. 9, 2025 /PRNewswire/ — Levine Leichtman Capital Partners (“LLCP”), a global private equity firm, announced today that it has agreed to make a growth investment in Zero100 Community Limited (“Zero100” or the “Company”) in partnership with its Founders and the existing management team. Terms of the transaction were not disclosed.

Zero100 is the leading cross-industry research and intelligence company that connects and provides strategic advice to global operations and supply chain leaders from a range of leading global businesses including Nike, Walmart, Unilever, Pfizer, Google, Honeywell, Volvo Cars and many others. Clients use the Company’s peer networking, data, research and advisory services to shape their global supply chain strategies and accelerate progress on long-term digitization and sustainability initiatives. Headquartered in London, UK, and founded in 2021, the Company has over 50 employees, with offices in London and New York.

Zero100 will continue to be led by Co-Founder and CEO Olly Sloboda and the existing management team.

Olly Sloboda commented, “Our partnership with LLCP comes at a very exciting stage for Zero100 and I am immensely proud of what our team has invented on behalf of customers. LLCP’s proven track record of supporting entrepreneurs and their deep experience in information services will help accelerate our vision of revolutionizing the supply chain intelligence market. We look forward to working closely with the LLCP team to build on Zero100’s substantial momentum.”

Josh Kaufman, Partner and Head of Europe at LLCP, said “We are delighted to partner with Olly and his management team. They have built a very impressive business, and we are thrilled to join them on the next phase of growth. Zero100 is uniquely positioned to support their clients in addressing their board-level supply chain objectives, driven by rising trade complexities and increasing technological innovation. We are excited to support the Company through this next chapter of growth.”

Zero100 will be the eighth investment of Levine Leichtman Capital Partners Europe II, SCSp. Across its funds, LLCP has invested extensively in the data, information services and supply chain space, including investments in Skill Dynamics, AGDATA, Law Business Research, and CreditInfo.

LLCP was advised by PwC  (financial & tax), Willkie Farr & Gallagher (legal) and Simon Kucher (commercial).

Management was advised by Raymond James (M&A), Hogan Lovells (legal), Eight Advisory (financial) and Deloitte (tax).

About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 40-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity.

LLCP’s global team of dedicated investment professionals is led by 10 partners who have worked at LLCP for an average of 20 years. Since inception, LLCP has managed approximately $15.6 billion of institutional capital across 15 investment funds and has invested in over 100 portfolio companies. LLCP currently manages $10.0 billion of assets and has offices in Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt.

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Contact: Isabel Moon[email protected] 

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