NEW YORK, March 2, 2022 /PRNewswire/ -- To enable more
investors to participate in the corporate governance process and
help corporate issuers engage with their shareholders with greater
efficiency, global Fintech leader Broadridge Financial Solutions
Inc. (NYSE: BR) has introduced new enhancements to its virtual
shareholder meeting platform for 2022. Building on last years'
experience of hosting close to 2,400 virtual shareholder meetings
(VSMs), Broadridge has simplified and refreshed the platform's user
interface and enhanced the Q&A functionality.
Key Enhancements for 2022
Companies and investors will
see the following major enhancements to the virtual platform:
- Refreshed and improved look and feel for a more user-friendly
experience
- Easier to navigate interface
- New Q&A functionality including ability to sort and group
questions, and shareholder identification associated with all
questions
- Enhanced interactive video capabilities
- Shareholders can easily vote in a few clicks and receive
confirmation their vote has been counted
- Streamlined interface for easier access for management and
directors
- Better reporting tools, including for inspectors
The platform retains all its key functionality including
attendance made simple with single-step login and the ability for
the shareholder and company to access the meeting via any device:
smartphone, tablet or computer.
"The increased use of virtual shareholder meetings has resulted
in a rise in investor engagement, participation and voting and
these latest enhancements will increase accessibility and further
facilitate good corporate governance," said Cathy Conlon, Head of Corporate Issuer Product
at Broadridge. "VSMs make meetings more accessible for
shareholders, allowing them to attend, participate and vote from
the comfort of wherever they are located through multiple
channels. For issuers, the technology lowers their carbon
footprint, saves time and money and makes annual meetings more
available and convenient for investors while providing them cost
savings on travel."
Virtual shareholder meetings allow shareholder meetings to be
livestreamed with audio and video and provide for the
authentication of attendees, while also permitting shareholders to
interact with the company for questions and answers, as well as
vote their shares. VSMs better promote the democratization of
investing and increase transparency in corporate governance by
giving a meaningful way for shareholders to attend annual
shareholder meetings for companies in which they hold
shares.
Broadridge is the leading provider of VSMs to public companies
in North America having first
pioneered the commercial VSM platform in 2009. In 2021, Broadridge
led the industry in how to conduct virtual meetings hosting almost
2,400 VSMs for public company annual meetings.
Companies can reduce their overall carbon footprint using VSMs
which generate significantly lower carbon emissions than in-person
meetings. Compared with in-person events, Broadridge data shows
that VSMs can help companies virtually eliminate their AGM-related
carbon footprint.
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 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 13,000 associates in 21
countries. For more information, please
visit broadridge.com.
Broadridge Media contact:
Gregg Rosenberg
+1 212-918-6966
Gregg.rosenberg@broadridge.com
Tatjana Kulkami
+1 203-285-0766
Tatjana.kulkami@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.