NEW YORK and LONDON, Oct. 28,
2021 /PRNewswire/ -- As part of the ongoing
worldwide rollout of its innovation program to promote and enable
the highest standards of corporate governance in local and global
markets, Broadridge Financial Solutions,
Inc. (NYSE:BR) today announced the live operational
availability of its "golden copy" event sourcing and proxy vote
execution service for custodians and local agents in Switzerland.
The Swiss service is the latest market-ready addition to
Broadridge's fast-growing sub-custody Direct Market Solutions (DMS)
product suite that can directly connect investors and issuers.
"This new local service offering for Switzerland is another market-level
transformation, empowering all participants throughout the proxy
voting lifecycle to transition to a more streamlined and efficient
process," said Demi Derem, GM, International Investor Communication
Solutions at Broadridge. "Firms adopting our service for the Swiss
market can now capitalize on straight-through processing
automation, which extends their clients' voting window while
lowering overall voting costs through a mutualized shared service
model."
Broadridge's extensive user community – global and local
custodian banks, brokers, wealth managers and central securities
depositories (CSDs) - can now further enhance their services
provided to Swiss market investors by enabling early receipt of
issuer-verified event announcements, improved deadlines for
submitting votes, confirmation of votes received by the issuer or
its agent, and power of attorney services for both bearer and
registered shares. Issuers also benefit from a channel through
which greater event information can be distributed directly to the
investor, and voting transparency is enhanced as instructions can
be received in a timelier manner.
Broadridge recently announced its expanded coverage for proxy
processing and extended voting windows for 20 sub-custody markets
in 2021, with more markets to follow in 2022 and 2023. This
complements Broadridge's existing leading global voting solutions
that already provide 100% coverage across 100+ markets.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with $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 $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 13,000 associates in 21
countries. For more information about us, please visit
broadridge.com.
Investors:
W. Edings Thibault
Investor Relations
+ 1 516-472-5129
Edings.thibault@broadridge.com
Media:
Gregg
Rosenberg
Corporate Communications
+1 212-918-6966
Gregg.rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.