NEW
YORK and LONDON and
STOCKHOLM, Feb. 27,
2024 /PRNewswire/ -- Broadridge Financial
Solutions, Inc. (NYSE: BR), a global Fintech leader, today
announced the launch of a new whitepaper in collaboration with
Firebrand Research, highlighting the latest trends in capital
markets across the Nordic region. The research, 'Capital Markets
Trends in the Nordics: Harmonising While Retaining Local
Expertise,' reveals an increasing focus on improving efficiency,
transitioning away from legacy infrastructure, and modernizing
systems to support future market requirements.
"This report delivers critical insight into how Nordic
firms are planning to stay competitive in the face of market
structure standardization and modernization. It also
highlights an increased focus on shareholder support and
corporate governance engagement in response to the revised
Shareholder Rights Directive (SRD II), as well as a growing
regional focus on environmental, social and governance (ESG)
topics," said Mike
Sleightholme, President of Broadridge
International. "Additionally, the report showcases how
attitudes towards next generation technologies differ. For example,
we are seeing that Nordic financial institutions are being slower
to experiment with distributed ledger technologies than their
continental European counterparts, but there is a growing interest
in the potential of AI and how it can be leveraged to drive new
efficiencies."
"There are a lot of interesting and important lessons to be
learned from the Nordic markets' recent experiences with market
infrastructure change and their ongoing focus on establishing ESG
standards, especially those related to shareholder engagement,"
said Virginie O'Shea, Founder of
Firebrand Research. "The region is focused on retaining attractive
local differentiators from a tax or capital raising perspective but
also introducing greater standardization and harmonization with the
EU to industrialize where it makes sense."
The whitepaper found that Nordic firms working across capital
markets are:
- Coping with market infrastructure changes and are keen to
ensure that they keep pace with these changes and retain their
competitive edge
- Focusing on stakeholder engagement, and are particularly
emphasizing environmental and governance topics, furthering the
region's differentiation strength in these areas
- Looking to attract foreign investors through greater
standardization and harmonization with the EU, mobilising trapped
liquidity and attracting greater international investment
- Focusing on improving efficiency across their operation to
reduce costs and risks
- Evaluating next-generation technologies such as Artificial
Intelligence (AI) to generate new revenue streams
To download the full report, click here.
About Firebrand Research
Firebrand Research are experts in providing research and
advisory services to firms across the capital markets spectrum.
From fintech investments to business case building, they have the
skills to help you get the job done.
For more information, please visit fintechfirebrand.com
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 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 $10 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 14,000 associates in 21 countries.
For more information about us, please visit
https://www.broadridge.com/.
Media Contact:
Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.