Jan 31 (Reuters) - Fintech firm Broadridge Financial

beats Wall Street estimates for second-quarter profit on

Friday, helped by resilient demand in its investor communication

business.

WHY IT'S IMPORTANT

Broadridge provides investor communications and

technology-driven services to banks, broker-dealers, asset

managers and corporate issuers.

Expectations of lower corporate taxes and a more

business-friendly regulatory environment under the Trump

administration have boosted clients' confidence, fueling demand

for services that strengthen their digital infrastructure and

helping companies such as Broadridge.

CONTEXT

The company business is split into two segments, investor

communication solutions, which accounts for the majority of its

revenue, and global technology and operations.

The first and second quarters are seasonally weaker

quarters for Broadridge as the heavier volumes of investor

communications occurs in the spring for most public companies.

But, the financial services industry is undergoing rapid

digital transformation, with companies increasingly adopting

cloud computing, artificial intelligence, and blockchain

technologies.

Last Nov, Broadridge

completed

the acquisition of the Securities Industry Services (SIS)

platform, wealth and capital markets technology platform of

Kyndryl for around $185 million increasing its exposure in the

Canadian wealth market.

BY THE NUMBERS

Broadridge posted adjusted earnings per share of $1.56 for

the three months ended Dec. 31, compared with analysts' average

estimate of $1.47, according to data compiled by LSEG.

The Lake Success, New York-based company's global technology

and operations unit recorded revenue of $440 million in the

quarter, up from $405.4 million a year ago.

Revenue at its investor communication solutions business

rose nearly 15% to $1.15 billion in the second quarter.

The company's total revenue rose 13% to $1.59 billion, in

this quarter.