20+ Broadridge Financial Solutions Interview Questions and Answers

Confidence and academic excellence are important qualities for success at Infosys.

• Infosys values employees who are confident in their abilities and have a strong academic background.

• Confidence allows employees to take on new challenges and responsibilities.

• Academic excellence demonstrates a strong work ethic and dedication to learning.

• These qualities can lead to success and advancement within the company.

• For example, an employee who is confident in their abilities may be more...read more

Cloud computing is the delivery of computing services over the internet.

• Cloud computing allows users to access data and applications from anywhere with an internet connection.

• It eliminates the need for physical servers and hardware, reducing costs and increasing scalability.

• Examples of cloud computing services include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

Automated claims process by implementing RPA and AI technologies.

• Identified repetitive tasks and processes in the claims process.

• Implemented Robotic Process Automation (RPA) to automate data entry and validation.

• Utilized Artificial Intelligence (AI) to automate claims assessment and decision-making.

• Reduced claims processing time by 50% and improved accuracy by 90%.

• Trained staff on new technologies and processes to ensure successful implementation.

To carry out change management, I would structure my approach by following these steps:

• 1. Assess the current state: Understand the organization's current culture, processes, and readiness for change.

• 2. Define the desired state: Clearly articulate the vision and goals of the change initiative.

• 3. Develop a change management plan: Create a comprehensive plan that includes communication, training, and stakeholder engagement strategies.

• 4. Identify and engage stakeholders: Identify...read more

BGP attributes are characteristics used to influence routing decisions in Border Gateway Protocol.

• BGP attributes are used to determine the best path for routing traffic.

• Some common BGP attributes include AS Path, Next Hop, Local Preference, and MED.

• AS Path attribute shows the path of autonomous systems that the route has traversed.

• Next Hop attribute indicates the IP address to reach the next hop for the route.

• Local Preference attribute is used to influence the path selection ...read more

General accounting refers to the process of recording, summarizing, and reporting financial transactions of an organization.

• General accounting involves recording all financial transactions of a company, such as sales, purchases, expenses, and payments.

• It includes the preparation of financial statements, such as the balance sheet, income statement, and cash flow statement.

• General accounting ensures compliance with accounting principles and standards, such as Generally Accepted...read more

Insurance trends include digitalization, personalized policies, and increased focus on customer experience.

• Digitalization of insurance processes and services

• Personalized policies based on data analytics and customer behavior

• Increased focus on customer experience and satisfaction

• Emergence of new insurance products such as cyber insurance and usage-based insurance

• Growing importance of insurtech startups and partnerships

• Shift towards proactive risk management and prevention

• Incre...read more

I am doing well, and my ambition is to grow in Infosys by continuously learning and contributing to innovative technology solutions.

• I am doing well and excited about the opportunities at Infosys.

• I am focused on expanding my knowledge and skills in technology.

• I aim to contribute to the growth and success of Infosys through my work.

• I am eager to take on new challenges and responsibilities to advance my career.

RIP version 1 is a classful routing protocol while RIP version 2 is a classless routing protocol.

• RIP version 1 does not support VLSM (Variable Length Subnet Masking) while RIP version 2 does.

• RIP version 1 does not support authentication while RIP version 2 does.

• RIP version 1 broadcasts routing updates using the destination IP address 255.255.255.255 while RIP version 2 uses multicast address 224.0.0.9.

• RIP version 1 sends the entire routing table in updates while RIP version 2...read more

SAP is an enterprise resource planning software that helps businesses manage various aspects of their operations.

• SAP stands for Systems, Applications, and Products in Data Processing.

• It is a software suite that integrates different modules to support various business functions.

• SAP FICO (Financial Accounting and Controlling) is a module within SAP that focuses on financial management and accounting processes.

• SAP provides real-time data processing, analytics, and reporting capa...read more

SAP stands for Systems, Applications, and Products in Data Processing.

• SAP is a software company that provides enterprise resource planning (ERP) solutions.

• SAP software is used by businesses to manage their operations and finances.

• SAP has various modules such as FICO, MM, SD, HR, etc. that cater to different business needs.

• SAP FICO is a module that deals with financial accounting and controlling.

• SAP is widely used in industries such as manufacturing, retail, healthcare, etc.

RB stands for Routing and Bridging. It refers to the process of forwarding data packets between networks.

• RB is a fundamental concept in networking.

• It involves the routing of data packets between different networks.

• Bridging refers to the process of connecting two or more network segments together.

• RB helps in efficient data transmission and network connectivity.

• Example: RB is used in routers to determine the best path for data packets to reach their destination.

STP (Spanning Tree Protocol) is a network protocol that prevents loops in Ethernet networks by creating a loop-free logical topology.

• STP is used to prevent broadcast storms and network congestion caused by loops.

• It works by electing a root bridge and calculating the shortest path to the root bridge for each network segment.

• STP uses Bridge Protocol Data Units (BPDU) to exchange information between switches.

• It employs a tree-like structure with designated ports and blocked port...read more

Chart of accounts is a list of all the accounts used by an organization to record financial transactions.

• Chart of accounts is a structured list of general ledger accounts.

• It provides a framework for organizing financial transactions and generating financial statements.

• Each account in the chart of accounts represents a unique category of transactions.

• Accounts are classified into different groups such as assets, liabilities, equity, revenue, and expenses.

• Examples of chart of ac...read more

SAP SD stands for Sales and Distribution module of SAP ERP system used for managing sales, shipping, billing, and invoicing processes.

• SAP SD is a module of SAP ERP system

• It is used for managing sales, shipping, billing, and invoicing processes

• It integrates with other modules like MM, FI, and CO

• It includes functionalities like pricing, credit management, and order management

• It helps in streamlining the sales process and improving customer satisfaction

• Example: A company can use...read more

Outlook is an email client while O365 is a cloud-based suite of productivity tools.

• Outlook is a standalone email client software used for sending and receiving emails.

• O365 (Office 365) is a cloud-based suite of productivity tools including email, collaboration, and communication services.

• Outlook can be used with different email providers, while O365 includes Outlook as part of its suite.

• O365 offers additional features like online storage, video conferencing, and document coll...read more

Processes refer to a series of steps or actions taken to achieve a specific goal or outcome.

• Processes are used in various industries and fields, such as manufacturing, software development, and project management.

• They involve a set of activities that are performed in a specific order to achieve a desired result.

• Processes can be documented and standardized to ensure consistency and efficiency.

• Examples of processes include product development, quality control, and customer serv...read more

SIP and H323 are both protocols used for multimedia communication over IP networks.

• SIP is a newer protocol and is more widely used for VoIP and video conferencing.

• H323 is an older protocol and is mainly used for video conferencing.

• SIP is simpler and more flexible than H323.

• SIP uses HTTP-like messages while H323 uses binary messages.

• SIP is easier to configure and troubleshoot than H323.

• Examples of SIP-based applications include Skype, WhatsApp, and Google Voice.

• Examples of H32...read more

OOPs concepts are the principles of Object-Oriented Programming that focus on encapsulation, inheritance, polymorphism, and abstraction.

• Encapsulation is the process of hiding the implementation details of an object from the outside world.

• Inheritance is the process of creating a new class from an existing class, inheriting all the properties and methods of the parent class.

• Polymorphism is the ability of an object to take on many forms, allowing objects of different classes to ...read more