Tyler Derr Becomes New Chief Technology Officer at Broadridge

Broadridge Financial Solutions, Inc., a fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term company, announced on Wednesday that it had appointed Tyler Derr as the Chief Technology Officer. According to the press release, the appointment was made effective on July 1.

During his tenure at Broadridge, he will be responsible for delivering SaaS and other services to financial services clients. Broadridge’s global technology team will be under his leadership, including enterprise-wide software engineering, product delivery, architecture, infrastructure, cybersecurity and technology operations. In the new role, Derr will report directly to Tim Gokey, the company’s CEO.

Professional Background

Derr has been with Broadridge’s Global Technology and Operations (GTO) business for 10 years as the CTO and Chief Administrative Officer. Tyler was recognized in 2021 for his vision, business acumen and leadership across teams by The Financial Technology Report. His most recent focus has been Broadridge’s wealth initiative. In addition to working at Broadridge, Derr held positions at Oppenheimer and H&R Block’s global tax business.

In this role, Derr succeeds John Hogan, who requested a change of role earlier this year. His new role will include advising Tim Gokey and Derr, as well as overseeing Broadridge’s India Operations and serving on Risk and Capital Committees.

“Tyler has been instrumental in taking our technology capability to the next level as we scale to become the leading global Fintech serving Governance, Capital Markets and Wealth and Investment Management. Tyler’s vision and proven ability to build high-performing teams will be invaluable as we continue to evolve Broadridge to the next phase of technology leadership and growth for clients, shareholders and associates,” Gokey commented.

Derr added: “It's an exciting time to become the next CTO of Broadridge. We are executing our vision of becoming the leading technology partner for our clients by delivering innovative solutions based on a modern componentized architecture that continues to continuously grow our interoperability and scalability Scalability Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Read this Term. That evolution is allowing us to drive ever increasing value to clients while building great careers for the most talented technology associates in the industry."