Broadridge welcomes Abric and Price 23 January 2017 New York Reporter: Drew Nicol
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Broadridge has expanded its securities finance team with the addition of Wells Fargo’s Peter Abric and FIS’s Thomas Price.
Abric has taken on the role of vice president of securities finance product sales for Broadridge’s North America unit, including its latest acquisitions of 4sight and Anetics, which have been rebranded in Broadridge colours.
Previously, Abric ran Wells Fargo’s equity finance desk for more than 15 years.
Price has become vice president of relationship management for the securities finance business line.
He previously worked at Sungard (now FIS), where he was North American head of securities finance relationship management.
Both are based in New York.
Jerry Friedhoff, managing director of securities finance and collateral management at Broadridge, said: “We are delighted to welcome Peter Abric to Broadridge, where he will play a key role in helping to grow our North American customer base.”
“We are deeply committed to providing clients and prospects with in depth industry knowledge and Abric brings with him a wealth of experience built over many years of leadership positions in the securities finance business.”
Alastair Chisholm, general manager of securities finance and collateral management at Broadridge, added: “Broadridge places a strong focus on customer satisfaction and account management and demonstrates a 98 percent client retention rate.”
“Tom Price has a proven track record of working with clients as a trusted advisor and building lasting relationships across the industry. We are delighted to welcome him to Broadridge, where he will enhance our commitment to customer service and play a key role in meeting our clients’ evolving needs.”
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