Broadridge Financial Solutions Inc Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Thomas Bauch - Wolfe Research, LLC - Analyst : This is Andrew on behalf of Darrin. Nice set of results here, and I kind of want to dig into the investments into potential new product adjacencies. Clearly, derivative activity from a retail perspective has driven a lot of the recent headlines, and it's nice to see the GTO brand announcement from last year. But I guess my question is how well positioned is Broadridge to step into really these derivative adjacencies? And just wondering how many more of those types of deals you think are winnable. And how should we think about the opportunity to take share in that arena, outside of typical cash equities? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 02, 2021 / 1:30PM, BR.N - Q2 2021 Broadridge Financial Solutions Inc Earnings Call

Question: Andrew Thomas Bauch - Wolfe Research, LLC - Analyst : Got it. And then just a housekeeping point, a lot of conversation about balancing investment and growth here. So I guess, was there any -- and how should we think about the margin benefit you saw from your previously announced cost alignment initiatives? And has anything changed from an investment strategy from just even one month ago, at the Investor Day, on how you think about the investment growth trade-off here?