NEW YORK and LONDON and WARSAW, Poland and LODZ, Poland, March 3,
2022 /PRNewswire/ -- To support its new obligations
under the Shareholder Rights Directive (SRD II), WealthSeed, a
breakthrough digital application for easy investing and personal
finance in Poland launched by Fair
Place Finance S.A., announced it will utilize a blockchain-based
disclosure solution from global Fintech leader, Broadridge
Financial Solutions, Inc. (NYSE:BR).
WealthSeed will use Broadridge's new Shareholder Disclosure Hub,
an industry-wide digital solution that uses the latest API- and
blockchain-based technologies, to address SRD II's new shareholder
disclosure requirements and provide class-leading data security for
WealthSeed's business in Poland
and other European markets over time.
"SRD II has pushed forward corporate governance standards across
Europe, while transforming market
transparency through a secure and efficient disclosure process,"
said Michał Antoniak, Chief Legal and Compliance Officer,
WealthSeed and Fair Place Finance. "With Broadridge as our trusted
go-to partner, we have been able to leverage their unique depth of
expertise and get ahead of the SRD II regulation's mandatory
disclosure requirements, safe in the knowledge that we are in line
with Europe's data protection
legislation."
"We are delighted to be supporting WealthSeed, enabling them to
simplify and reduce the cost of compliance for their SRD II
shareholder disclosure requirements, and mitigate the risk of
compliance breaches associated with a failure to forward or respond
to a request," said Demi Derem, GM, International Investor
Communication Solutions at Broadridge. "By taking advantage of our
innovative platform, the firm will be able to handle complex
disclosure requests quickly and efficiently."
Broadridge's Shareholder Disclosure Hub is another example of
Broadridge's commitment to enabling the democratization of
investing, helping companies better connect with investors and
improve corporate governance.
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 WealthSeed
WealthSeed is a breakthrough platform for easy investing and
personal finance in Central and Eastern
Europe, headquartered in Poland. WealthSeed allows customers to manage
their wealth in a single convenient mobile app with free investment
accounts in key currencies, low FX rates and access to stocks,
ETFs, and mutual funds from all around the world and soon managed
portfolios based on BlackRock funds. WealthSeed is a registered
trademark of Fair Place Finance S.A. a regulated investment and
payment firm licensed and supervised by the Polish Financial
Services Commission (KNF).
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.