Joint collaboration increases voting
efficiency and corporate governance for global investment in French
market
LONDON and PARIS, Nov. 29,
2022 /PRNewswire/ -- Extending their joint strategic
commitment to modernise and enhance shareholder voting in the
French market, Broadridge Financial Solutions, Inc. (NYSE:
BR) and SLIB, a leading software editor for electronic voting
and securities services based in France, today announced the go-live of their
joint end-to-end global voting solution.
"Broadridge remains firmly committed to enabling greater levels
of shareholder engagement across markets globally," said Demi
Derem, General Manager of Broadridge's International Investor
Communication Solutions. "Together with our partners at SLIB, we
have delivered an advanced voting and communications solution that
makes it easier than ever for all investors, both those in
France and in other markets, to
seamlessly cast their votes in the companies they own."
The announcement represents a significant addition to the
cross-border proxy voting service for France-based investors that hold international
shares, launched by Broadridge and SLIB in December 2021.
Firms using the solution will benefit from a highly efficient,
streamlined process throughout the vote processing lifecycle - from
the capture and distribution of golden copy issuer meeting
announcements to vote execution and confirmation of votes cast.
This highly automated, digital approach reduces exposure to
operational and regulatory risk.
"In order to attract foreign investment, and in response to
regulatory pressures and the requirement for robust ESG policies,
there is a foundational need to demonstrate strong corporate
governance practices through the provision of efficient vote
communications," said Philippe
Cognet, CEO of SLIB. "With Broadridge, the leading global
proxy voting provider, as our strategic partner, we can now offer
intermediaries a comprehensive and efficient ecosystem, that
combines support for international investors in French listed
companies, and for French investors in foreign companies."
About SLIB
SLIB is the leading software vendor in register management &
electronic voting, risk and post-trade markets. SLIB supports the
evolution of the securities market in France and abroad, by envisioning and
releasing innovative software solutions enabling financial
institution to streamline their processes, while mastering the
risks associated to their activities. SLIB is also Votaccess
Operator, the cornerstone of Electronic Voting for Paris
Stockexchange issuers and Account Keepers, delivering General
Meetings notifications and collecting Digital Votes. Furthermore,
as innovation is of paramount importance and to underpin any new
software initiative SLIB relies on The LAB aiming to be SLIB
spearhead in cutting edge technologies such as Blockchain and
AI.
For more information about SLIB please visit www.slib.com.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with more than $5 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance and communications to enable better
financial lives. We deliver technology-driven solutions that drive
business transformation for banks, broker-dealers, asset and wealth
managers and public companies. Broadridge's infrastructure serves
as a global communications hub enabling corporate governance by
linking thousands of public companies and mutual funds to tens of
millions of individual and institutional investors around the
world. Our technology and operations platforms underpin the daily
trading of more than U.S. $9 trillion
of equities, fixed income and other securities globally. A
certified Great Place to Work®, Broadridge is part of
the S&P 500® Index, employing over 14,000
associates in 21 countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.