The extension of Broadridge's Shareholder
Disclosure solution highlights its continued commitment to
increasing transparency, driving automation through digitization
and supporting customers' shareholder disclosure
obligations
NEW
YORK and LONDON and
HONG KONG and SYDNEY, Nov. 9, 2023
/PRNewswire/ -- Broadridge Financial Solutions, Inc.
(NYSE:BR), a global Fintech leader, today announced the further
expansion of its Shareholder Disclosure solution to meet the
specific regulatory requirements in the UK, Australia and Hong
Kong markets. The solution is operating live in all three
markets.
The Broadridge solution leverages next-gen blockchain technology
and intelligent APIs to support client workflow and connectivity
needs. Across Europe it already
has a proven track record for increasing transparency and
automation through the digitization of shareholder disclosures,
supporting market intermediaries - banks, brokers, wealth managers
and central securities depositories (CSDs) - that are obliged to
respond to disclosure requests from issuers under SRD II.
"Financial intermediary shareholder disclosure obligations are
not unique to European SRD markets," said Demi Derem, General
Manager of International Corporate Governance, Digital
Transformation and Market Innovation at Broadridge. "Our latest
service expansion allows financial intermediaries to meet their
shareholder disclosure obligations in the UK, Australia and Hong
Kong. The investments made to build out our industry leading
shareholder disclosure solution underlines our commitment to drive
market-wide increased governance and transparency."
The UK, Australia and
Hong Kong have specific disclosure
requirements: UK Section 793 (Companies Act 2006), Australia
Section 672 (Corporations Act 2001) and Hong Kong Section 329
(Securities and Futures Ordinance). Broadridge's Shareholder
Disclosure solution can now support firms needing to adhere to
these regulations and seamlessly process their disclosure requests
through one centralized platform.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with over $6 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance and communications to enable better
financial lives. We deliver technology-driven solutions to 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. In addition, Broadridge's
technology and operations platforms underpin the daily trading of
on average more than U.S. $10
trillion of equities, fixed income and other securities
globally. A certified Great Place to Work®, Broadridge is a part of
the S&P 500® Index, employing over 14,000 associates in 21
countries.
For more information about Broadridge, please visit
www.broadridge.com.
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SOURCE Broadridge Financial Solutions, Inc.