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Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing

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NEW YORK and LONDON and TOKYO, Oct. 15, 2024 /PRNewswire/ — In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Financial Solutions, Inc. (NYSE: BR) has launched a range of enhanced services and solution capabilities for international post-trade processing. These capabilities enable firms to comply with the European Union’s Digital Operational Resilience Act (DORA) and other global regulations requiring a heightened level of operational resilience and are available to banks and brokers that currently use Broadridge’s leading International Post-Trade processing solution, as well as to the wider industry to augment their inhouse or vendor systems and operational teams.

“The DORA compliance deadline is just three months away and the clock is ticking. Non-compliance will expose financial firms to an increased risk of cyber incidents, security breaches and system outages, as well as the potential for reputational damage and avoidable regulatory penalties,” said Danny Green, Head of International Post-Trade Solutions, Broadridge.  “It is vital that firms are advancing their plans for the timely completion of both inhouse and third-party system reviews, and that they have a robust strategy to meet their prescribed recovery time objectives (RTOs) for their operating model.”

Broadridge’s operational resilience services and solutions for international post-trade processing enable firms to mutualize the cost of ensuring business continuity in the face of growing cyber-attacks, and of complying with DORA and other international operational resilience mandates through a shared services pricing model that includes:

Deeply knowledgeable professional services: Specialized expertise and advanced analytical tools to assess and validate firms’ risk and control frameworks relating to internal and third-party systems and service provider data. It includes thorough evaluations of current frameworks to identify potential vulnerabilities, validation of risk controls and recommendations for enhancing the robustness and efficiency of operational risk management practices.High-availability recovery: The provision of back-up environments that are the regulatory-prescribed distance away from a firm’s primary site, and that meet recovery time objectives within the required timeframe and to the required standard in the event of a cyber-attack or outage.  Broadridge’s enhanced solution can reduce recovery times from hours to minutes.Enhanced recovery of entire system infrastructure: An enhanced cyber-recovery capability that can prevent the compromise of critical data assets in as robust a manner as possible.  By deploying secure, immutable storage, Broadridge can support unalterable, point-in-time copies of a firm’s international post-trade infrastructure including the operating system, post-trade software and critical data. In the event of a cyber incident, these secure, cyber-resilient copies can be swiftly restored to enable faster and easier system recovery.

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 process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of 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
broadridgeir@broadridge.com

Media:
Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com

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SOURCE Broadridge Financial Solutions, Inc.

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Intellum and Bluewater Learning Announce Strategic Partnership to Enhance Customer Education and Learning Ecosystems

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ATLANTA, Oct. 15, 2024 /PRNewswire/ — Intellum, a pioneer in learning management technology, has entered a strategic partnership with Bluewater Learning, an award-winning provider of learning technology and services. Together, these organizations will offer a comprehensive suite of solutions and services to support companies in growing and scaling their education programs.

Bluewater is a trusted partner for enterprise and mid-market organizations seeking learning strategy, workflow optimization, content development, and managed services solutions. Bluewater’s proprietary technology will enable Intellum customers to optimize workflows within the Intellum Platform, offering a no-code solution that will increase efficiency, flexibility, and overall user engagement.

“Our partnership with Bluewater Learning marks a significant step forward in helping organizations optimize and future-proof their learning ecosystems,” said Chip Ramsey, CEO of Intellum. “By combining Bluewater’s advisory expertise and micro apps with Intellum’s leading customer education platform, we’re empowering businesses to enhance their learning strategies, adapt to change efficiently, and deliver measurable results. Together, we are driving innovation that makes learning more impactful and sustainable.”

This partnership will also provide clients with access to strategic consulting on governance, change management, and ecosystem development—ensuring that their education initiatives are aligned with long-term business objectives. By leveraging Bluewater’s expertise in advisory services and Intellum’s cutting-edge learning platform, organizations can seamlessly scale their programs to meet evolving demands and deliver measurable business outcomes.

“We believe that the future of learning lies in adaptable learning ecosystems that scale with business needs,” said Chris Bond, CEO of Bluewater Learning. “Our partnership with Intellum allows us to offer technologies and enhanced services that empower organizations to evolve their customer education strategies and better serve their target audience.”

About Intellum
Intellum provides the corporate education platform that large brands and fast-moving companies rely on to improve product adoption, customer retention, and revenue. Intellum’s scientific, data-driven approach is based on 20+ years of industry experience. The Intellum Platform includes all the tools an organization needs to create, deploy, manage, track, and improve highly personalized, engaging educational experiences. To learn more, visit https://Intellum.com.

About Bluewater Learning
Bluewater creates clients for life by helping them optimize their learning and talent technologies. Their team of experts provides strategic advisory services, custom content development, and managed services that enable organizations to achieve their learning goals. They focus on relationships, not transactions, and deliver flexible solutions tailored to each client’s unique needs.

Media contact: 
media@intellum.com

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SOURCE Intellum, Inc.

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Garmin wins fourth National Boating Safety Award

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Sea Tow Foundation honors Garmin’s outstanding commitment to boating safety through product innovation and promotion efforts

OLATHE, Kan., Oct. 15, 2024 /PRNewswire/ — Garmin (NYSE: GRMN), the world’s most innovative and recognized marine electronics manufacturer, is proud to announce it was awarded a 2024 National Boating Safety Award from the Sea Tow Foundation for the fourth straight year. The award, presented on October 2, 2024, in cooperation with the Boating Safety Advisory Council, highlights for-profit companies in the recreational boating industry that promote safe and responsible boating.

Garmin received top honors in the Gear and Equipment Manufacturer category for helping educate customers and the public about the importance of having the right tools, equipment and knowledge to stay safe on the water in conjunction with National Safe Boating Week 2024. Along with social posts, Garmin helped influence safe boating practices through informative blog posts, providing useful tips to stay vigilant on board and highlighting stories of how Garmin’s marine products protect boaters every day. The company also hosted a special marine webinar, which included demonstrations on how to use Garmin electronics, emphasized the importance of updating maps and more.

“We are honored to receive a National Boating Industry Safety Award for the fourth year in a row. This award is a testament to Garmin’s commitment to creating products that can support safe and responsible boating practices for our customers. We look forward to continuing to provide products and resources to foster a stronger, smarter community of boaters, anglers and sailors alike, and we thank the Sea Tow Foundation for this recognition.”
—Jarrod Seymour, Garmin Vice President and Marine Segment Leader

For decades, Garmin products — such as inReach® satellite communicators, charts and maps with daily updates from the No. 1 choice in marine mapping1, AIS monitoring, VHF marine radio systems, marine radars, camera systems and more — have provided greater peace of mind and situational awareness from the moment boaters push off from the dock. Garmin continues to prioritize the value of safer boating behavior by offering communication and navigation systems with seamless onboard integration and a variety of resources designed to cultivate greater confidence when leaving shore.

“We are proud of the hard work and dedication to boating safety that Garmin has put forward. Their innovative campaigns and dedication to safety have made a profound impact, contributing to a safer boating experience for all, not just this year, but as a repeat winner of the National Boating Safety Awards for their efforts in promoting safe boating across the industry for four straight years.”
—Gail R. Kulp, Sea Tow Foundation Executive Director

For more information about this year’s Boating Safety Awards, visit boatingsafety.com/awards.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most sophisticated marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the tenth consecutive year, Garmin was named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). Other Garmin marine brands include Navionics® and JL Audio®. Visit the Garmin Newsroom, email our media team, connect with @garminmarine on social, or follow our blog

1Based on 2023 sales

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, inReach, Navionics and JL Audio are registered trademarks of Garmin Ltd. or its subsidiaries.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2023, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

MEDIA CONTACTS:
Brianna Silverman
913-397-8200
media.relations@garmin.com

 

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SOURCE Garmin International, Inc.

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Space Development Agency Award Continues Iridium’s Commercial Innovation Delivery Strategy for Government

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MCLEAN, Va., Oct. 15, 2024 /PRNewswire/ — Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced the Space Development Agency (SDA) has awarded the General Dynamics Mission Systems (GDMS) and Iridium team a $491.6 million contract modification in support of its Ground Management and Integration (GMI) program for the Proliferated Warfighter Space Architecture (PWSA). Of this amount, Iridium’s share has a value of $239 million over five years. This award follows an initial Operations and Integration Contract award in 2022 to build ground entry points and operations centers and manage network operations and systems integration services.

“We are committed to delivering SDA and our warfighters an innovative and effective ground system that leverages the many years of Iridium’s unparalleled commercial LEO development and operations expertise, helping to ensure they are prepared for the challenges of today and the future,” said Scott Scheimreif, executive vice president, government programs, Iridium. “Iridium is excited to be part of this groundbreaking SDA program with our partner General Dynamics Mission Systems.”

With over 20 years of experience operating a crosslinked low-Earth orbit (LEO) satellite constellation, Iridium is the pre-eminent leader in commercial satellite communications network management. This unique expertise which includes ground segments, orbital operations and space sustainability leadership, is dedicated to supporting the SDA’s efforts to integrate innovative commercial strategies that help the United States quickly deploy the most effective space technologies available in support of the warfighter. Through this new contract modification, the GDMS-Iridium team will deliver a forward-compatible, state-of-the-art ground system developed in close partnership with SDA and related stakeholders. The companies will manage integration of the ground enterprise with SDA’s Tranche 2 constellation. This includes all required services ranging from engineering design and analysis to testing, maintenance, infrastructure management and site support.

For more information about the PWSA and SDA visit: https://www.sda.mil

To learn more about Iridium visit: https://www.iridium.com

About Iridium Communications Inc. 

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles, Inc. and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com

Forward-Looking Statements Disclosure

Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this press release include statements regarding the value of the contract award and the capabilities of the SDA network. Forward-looking statements can be identified by the words “anticipates,” “may,” “can,” “believes,” “expects,” “projects,” “intends,” “likely,” “will,” “to be” and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties regarding U.S. government procurement and development of the SDA network, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption “Risk Factors” in the Company’s Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) on February 15, 2024, and the Company’s Form 10-Q for the quarter ended June 30, 2024, filed with the SEC on July 23, 2024, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium’s expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium’s forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update forward-looking statements.

Press Contact:

Investor Contact:

Jordan Hassin

Kenneth Levy

Iridium Communications Inc.

Iridium Communications Inc.

Jordan.Hassin@Iridium.com

Ken.Levy@Iridium.com

+1 (703) 287-7421

+1 (703) 287-7570

X: @Iridiumcomm

 

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SOURCE Iridium Communications Inc.

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