NEW YORK and LONDON and
MADRID, Jan. 25, 2022 /PRNewswire/ -- Broadridge
Financial Solutions, Inc. (NYSE:BR) today announced the live
availability of a new Spanish issuer "golden copy" event
notification and vote execution service for the Spanish
market. The service, delivered in collaboration with
Santander Investment S.A., the leader in Shareholder General
Meeting services in Spain,
provides a fully automated solution with market-wide coverage.
The launch of the service in Spain is the latest market-ready extension to
Broadridge's fast-growing Direct Market Solutions (DMS) product
suite, which focuses on streamlining traditional voting processes
by directly connecting investors and issuers. The service is set to
improve market error rates, expand voting windows and facilitate
vote confirmations. It will enable custody banks, brokers and
wealth managers operating in Spain
to enhance their service offering to their underlying clients while
reducing their operating costs. The collaboration will also allow
all Spanish financial intermediaries to obtain a one-stop-shop SRD
II compliance solution without the need for major integration or
change of operating models.
"Our collaboration with Broadridge will transform the voting
process for the Spanish market through a more direct end-to-end
chain of communications between issuers and investors," said Luis
Antonio Pérez, Executive Director of Corporate Trust Services,
Santander Investment. "By removing avoidable steps from the overall
lifecycle, the proxy process will become more efficient and less
prone to the risks associated with multiple break points.
"We are delighted to be partnering with Santander in this
innovative market solution designed to improve efficiency and
deliver the highest standards of corporate governance in
Spain," said Demi Derem, GM,
International Investor Communication Solutions at Broadridge. "This
is the latest in our ongoing series of local market innovations
that focus on industry leading partnerships aimed at improving the
overall voting ecosystem.
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.
About Banco Santander
Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and
commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core
markets in the Europe,
North America and South America regions, and is one of the
largest banks in the world by market capitalization. Its purpose is
to help people and businesses prosper in a simple, personal and
fair way. Santander is building a more responsible bank and has
made a number of commitments to support this objective, including
raising over €120 billion in green financing between 2019 and 2025,
as well as financially empowering more than 10 million people over
the same period. At the end of the first half of 2021, Banco
Santander had €1.1 trillion in total funds, 150 million customers,
of which 24.2 million are loyal and 45.3 million are digital,
10,000 branches and 190,000 employees.
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.