10+ Broadridge Financial Solutions Interview Questions and Answers for Freshers

Investment banking deals with high-value transactions for corporations and governments, while retail banking serves individual customers with basic financial services.

• Investment banking involves underwriting securities, mergers and acquisitions, and other complex financial transactions

• Retail banking offers services such as savings accounts, loans, and credit cards to individual customers

• Investment banking serves corporations and governments, while retail banking serves indivi...read more

Financial markets are platforms where buyers and sellers trade financial assets such as stocks, bonds, currencies, and commodities.

• Financial markets facilitate the flow of capital between investors and borrowers

• They provide a mechanism for price discovery and risk management

• Examples include stock exchanges, bond markets, foreign exchange markets, and commodity markets

Trading Account vs Demat Account

• A trading account is used to buy and sell securities in the stock market.

• A demat account is used to hold securities in electronic form.

• Trading account is used for active trading, while demat account is used for safekeeping of securities.

• Trading account requires a broker, while demat account requires a depository participant.

• Trading account allows buying and selling of shares, futures, options, etc., while demat account holds these securities in...read more

Financial markets are platforms where buyers and sellers trade financial assets.

• Primary market - new securities are issued

• Secondary market - existing securities are traded

• Money market - short-term debt securities

• Capital market - long-term debt and equity securities

• Derivatives market - financial contracts based on underlying assets

• Foreign exchange market - trading of currencies

• Commodity market - trading of physical goods

Cash flow and fund flow are both financial statements that provide information about the movement of money in a business.

• Cash flow refers to the inflow and outflow of cash in a business over a specific period of time.

• Fund flow, on the other hand, focuses on the movement of funds within a business, including both cash and non-cash items.

• Cash flow statement shows the sources and uses of cash, while fund flow statement shows the changes in working capital.

• Cash flow statement hel...read more

There are several types of mutual funds, including equity funds, bond funds, money market funds, and balanced funds.

• Equity funds invest primarily in stocks

• Bond funds invest in fixed-income securities

• Money market funds invest in short-term, low-risk securities

• Balanced funds invest in a mix of stocks and bonds

A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by a professional fund manager.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio

• Investors buy shares of the mutual fund, which represent their ownership in the fund's holdings

• Professionally managed by fund managers who make investment decisions on behalf of the investors

• Offer diversification, liquidity, and professional mana...read more

Answering technical interview questions on linked lists and arrays.

• To swap two nodes in a linked list, we need to identify the nodes and swap their pointers.

• To swap two numbers in an array, we can use a temporary variable to store one of the numbers while swapping.

• To count the frequency of elements in an array, we can use a hash table or a dictionary to store the count of each element.

• Example: swapping nodes in a linked list - if we want to swap nodes A and B, we need to iden...read more

Different types of accounting include financial accounting, management accounting, and cost accounting.

• Financial accounting focuses on recording and reporting financial transactions of a company.

• Management accounting provides information for internal decision-making and planning.

• Cost accounting analyzes and controls the costs of producing goods or services.

• Other types of accounting include tax accounting, forensic accounting, and auditing.

Code for prime and odd numbers

• For prime numbers, check if the number is divisible by any number less than itself

• For odd numbers, check if the number is not divisible by 2

• Use loops and conditional statements to implement the checks

• Consider edge cases such as negative numbers and 0

Technical interview questions on SQL and database concepts.

• To update employee salary, use the UPDATE statement with SET clause and WHERE clause to specify the employee.

• A palindrome is a word or phrase that reads the same backward as forward. Write a function to check if a string is a palindrome.

• Normalization is the process of organizing data in a database to reduce redundancy and dependency.

• Views are virtual tables that display data from one or more tables in a database.

• ACID ...read more

Code to reverse a string

• Create an empty string variable to store the reversed string

• Loop through the original string from the end to the beginning

• Append each character to the empty string variable

• Return the reversed string

Code for Fibonacci series

• Declare two variables to store the first two numbers of the series

• Use a loop to generate the next numbers in the series by adding the previous two

• Print or store the generated numbers

The latest project consumed approximately 500 MB of data.

• The latest project consumed 500 MB of data.

• It is important to track data consumption for future optimization.

• Weaknesses can include lack of experience with certain tools or techniques.

• Weaknesses can also include difficulty in time management or communication.

A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or interest rate.

• Types of derivatives include options, futures, forwards, and swaps.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.

• Futures are contracts to buy or sell an asset at a future date for a price agreed upon today.

• Forwards are similar to futures but are customized contra...read more

Developed a predictive model to forecast sales based on historical data

• Collected and cleaned historical sales data

• Performed exploratory data analysis to identify trends and patterns

• Built and trained machine learning model using regression techniques

• Evaluated model performance using metrics like RMSE and MAE

Trade life cycle is the process of a trade from initiation to settlement.

• Trade initiation - Trade is proposed and agreed upon by parties involved.

• Trade execution - Trade is executed on the exchange or over-the-counter market.

• Trade confirmation - Parties confirm the details of the trade.

• Trade settlement - Payment and transfer of securities occur to finalize the trade.

• Trade reconciliation - Ensuring all details match between parties' records.