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Broadridge Financial Solutions10-Q: Platform strategy

Broadridge details massive IT infrastructure dependency on Kyndryl with over $223M in commitments

What happened

Broadridge has three separate, long-term agreements with Kyndryl for core IT services, private cloud, and managed infrastructure, totaling over $223.5M in fixed minimum commitments.

Source

SEC EDGARFeb 3, 2026

Quarterly report (Form 10-Q)

Broadridge Financial Solutions 10-Q

Filing excerpt

Fixed minimum commitments remaining under the Amended and Restated IT Services Agreement at December 31, 2025 are $37.5 million through June 30, 2027...

sec.gov/Archives/edgar/data/1383312/000162828026004859/br-20251231.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Platform strategy

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
12/31
Filed
Feb 3, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$224M (Total fixed minimum commitments across three agreements with Kyndryl for IT services, managed infrastructure, and private cloud.)

Details

CIK
1383312
Accession number
0001628280-26-004859
Filing year
2026
Fiscal year
0
Why it matters
Platform tools needed
Signal category
Strategic

Topics and mentions

Technologies

  • mainframe
  • midrange
  • network
  • data center
  • disaster recovery
  • private cloud

Vendors

  • Kyndryl
  • Inc.
  • IBM
  • Kyndryl Canada

Vendors named

  • Kyndryl, Inc.
  • IBM
  • Kyndryl Canada

Extraction

Confidence
High
Relevance
100%
Sentiment
Neutral
Detected
Feb 10, 2026
signal_type
sec-10q
signal_subtype
platformStrategy

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/ef40d24e-7b0c-42ad-81a2-a2902791abbd returns this record as JSON. POST /v1/companies/enrich returns every signal for broadridge.com.

{
  "signal_id": "ef40d24e-7b0c-42ad-81a2-a2902791abbd",
  "signal_type": "sec-10q",
  "signal_subtype": "platformStrategy",
  "detected_at": "2026-02-10T08:23:23.195+00:00",
  "company": {
    "name": "Broadridge Financial Solutions",
    "domain": "broadridge.com"
  },
  "data": {
    "detail": "Broadridge has three separate, long-term agreements with Kyndryl for core IT services, private cloud, and managed infrastructure, totaling over $223.5M in fixed minimum commitments. This significant vendor concentration and the staggered expiration dates (2027-2030) create opportunities for competitors offering cost savings, modernization, or risk diversification.",
    "metrics": {
      "dollar_context": "Total fixed minimum commitments across three agreements with Kyndryl for IT services, managed infrastructure, and private cloud.",
      "dollar_millions": 223.5
    },
    "summary": "Broadridge details massive IT infrastructure dependency on Kyndryl with over $223M in commitments",
    "excerpts": "Fixed minimum commitments remaining under the Amended and Restated IT Services Agreement at December 31, 2025 are $37.5 million through June 30, 2027...",
    "relevance": 1,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1383312/000162828026004859/br-20251231.htm",
    "filing_date": "2026-02-03",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Platform tools needed",
    "signal_category": "strategic",
    "vendors_mentioned": [
      "Kyndryl, Inc.",
      "IBM",
      "Kyndryl Canada"
    ],
    "technologies_mentioned": [
      "mainframe",
      "midrange",
      "network",
      "data center",
      "disaster recovery",
      "private cloud"
    ]
  }
}

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