LONDON, Feb. 18, 2016 /PRNewswire/ -- Broadridge
Financial Solutions, Inc. (NYSE:BR) today announced that it has
enhanced its corporate governance solution offering in Europe by taking a minority stake and entering
into an exclusive distribution and marketing alliance with AMA
Partners, B.V. (AMA).
AMA is a Netherlands-based firm
and provider of DirectorInsight, an innovative and powerful
analytics platform that offers data and analytical tools for
independent analysis of corporate governance and executive
compensation. The deal expands Broadridge's corporate governance
solution set and data capabilities to give corporations and
institutional investment firms in key European markets access to an
expanded, customisable data and analytics platform.
DirectorInsight is a one-stop, interactive online corporate
governance data and analytics tool, providing an independent
platform for analysing governance risks, executive pay and
benchmarking through a pay-for-performance screening tool, board
intelligence, company financials, filings and interlocks. In
addition, DirectorInsight offers a tool for constructing peer group
scenarios to screen against a company's peer group.
The solution is powered by historical data going back to 2008,
plus forecasted performance and standardised compensation data and
covers more than 1,200 listed European companies with profiles of
over 35,000 directors and executives. It serves investors, issuers,
corporate secretaries and professionals in the fields of human
resources and governance and can be used for, among other things,
succession planning and recruitment efforts.
"DirectorInsight will be an excellent complement to our existing
suite of proxy services as part of our overall corporate governance
focus," said Demi Derem, general manager, Investor Communication
Solutions International, Broadridge. "In the current environment of
increased activism and heightened scrutiny of corporate governance
practices, partnering with AMA to offer DirectorInsight will enable
issuers and institutional investors better decision making and more
effective engagement."
Aniel Mahabier, founder of AMA
Partners, said: "AMA is excited to partner with Broadridge to
greatly expand DirectorInsight's distribution reach.
DirectorInsight is the first platform within Europe that was built to aggregate and
interpret data to provide transparency to promote sound corporate
governance and responsible pay practices. Members of boards and
shareholders benefit from a more transparent and accessible
decision-making process, with the ability to access the same
information at the same time."
To learn more about DirectorInsight, please visit
www.broadridge.com/DirectorInsight.
About Broadridge
Broadridge Financial Solutions, Inc.
(NYSE: BR) is the leading provider of investor communications and
technology-driven solutions for broker-dealers, banks, mutual funds
and corporate issuers globally. Broadridge's investor
communications, securities processing and managed services
solutions help clients reduce their capital investments in
operations infrastructure, allowing them to increase their focus on
core business activities. With over 50 years of experience,
Broadridge's infrastructure underpins proxy voting services for
over 90% of public companies and mutual funds in North America, and processes on average
$5 trillion in equity and fixed
income trades per day. Broadridge employs approximately 7,400
full-time associates in 14 countries. For more information about
Broadridge, please visit www.broadridge.com.
About AMA Partners
AMA Partners specialises in
corporate governance, executive pay and HR consultancy, providing a
wealth of data and unparalleled insight through their unique data
technology platform, DirectorInsight. Based in Amsterdam, its team of specialists provides
services to numerous listed companies and investors in The Netherlands and other European
countries.
Forward-Looking Statements
This press release and
other written or oral statements made from time to time by
representatives of Broadridge may contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements that are not historical in nature,
and which may be identified by the use of words such as "expects,"
"assumes," "projects," "anticipates," "estimates," "we believe,"
"could be" and other words of similar meaning, are forward-looking
statements. These statements are based on management's expectations
and assumptions and are subject to risks and uncertainties that may
cause actual results to differ materially from those expressed.
These risks and uncertainties include those risk factors discussed
in Part I, "Item 1A. Risk Factors" of our Annual Report on Form
10-K for the fiscal year ended June 30, 2015 (the "2015 Annual
Report"), as they may be updated in any future reports filed with
the Securities and Exchange Commission. All forward-looking
statements speak only as of the date of this press release and are
expressly qualified in their entirety by reference to the factors
discussed in the 2015 Annual Report.
These risks include: the success of Broadridge in retaining and
selling additional services to its existing clients and in
obtaining new clients; Broadridge's reliance on a relatively small
number of clients, the continued financial health of those clients,
and the continued use by such clients of Broadridge's services with
favorable pricing terms; changes in laws and regulations affecting
Broadridge's clients or the services provided by Broadridge;
declines in participation and activity in the securities markets;
any material breach of Broadridge security affecting its clients'
customer information; the failure of Broadridge's outsourced data
center services provider to provide the anticipated levels of
service; a disaster or other significant slowdown or failure of
Broadridge's systems or error in the performance of Broadridge's
services; overall market and economic conditions and their impact
on the securities markets; Broadridge's failure to keep pace with
changes in technology and demands of its clients; Broadridge's
ability to attract and retain key personnel; the impact of new
acquisitions and divestitures; and competitive conditions.
Broadridge disclaims any obligation to update or revise
forward-looking statements that may be made to reflect events or
circumstances that arise after the date made or to reflect the
occurrence of unanticipated events, other than as required by
law.
Media Contacts
Kate
McGann
Broadridge Financial
Solutions
Katherine.mcgann@broadridge.com
+1 212.981.1395
Brett Philbin
Edelman
Brett.philbin@edelman.com
+1 212 704 8263
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SOURCE Broadridge Financial Solutions, Inc.