Nichols transitions to the role after a tenure at Ernst & Young US LLP, where he served as a Partner co-leading the firm’s digital asset consulting business and its market infrastructure practice. His background includes a leadership role in product strategy for Deutsche Bank’s fixed income division, specifically covering collateral, funding, and futures commission merchant services.

Broadridge CEO Tim Gokey emphasized that the hire is intended to capitalize on the firm’s existing footprint in tokenized securities. The company currently operates its Distributed Ledger Repo (DLR) platform, which manages daily settlement volumes exceeding $365 billion. By integrating Nichols’ expertise, the firm aims to scale its governance, custody, and post-trade solutions to bridge the gap between legacy financial systems and evolving digital ecosystems.