Extending their joint strategic dedication to modernise and improve shareholder voting within the French market, Broadridge Monetary Options, Inc. (NYSE:BR) and SLIB, a number one software program editor for digital voting and securities providers based mostly in France, at the moment introduced the go-live of their joint end-to-end international voting answer.
The announcement represents a big addition to the cross-border proxy voting service for France-based buyers that maintain worldwide shares, launched by Broadridge and SLIB in December 2021.
Corporations utilizing the answer will profit from a extremely environment friendly, streamlined course of all through the vote processing lifecycle – from the seize and distribution of golden copy issuer assembly bulletins to vote execution and affirmation of votes solid. This extremely automated, digital method reduces publicity to operational and regulatory danger.
“So as to appeal to international funding, and in response to regulatory pressures and the requirement for sturdy ESG insurance policies, there’s a foundational must show sturdy company governance practices via the supply of environment friendly vote communications,” mentioned Philippe Cognet, CEO of SLIB. “With Broadridge, the main international proxy voting supplier, as our strategic accomplice, we are able to now provide intermediaries a complete and environment friendly ecosystem, that mixes help for worldwide buyers in French listed corporations, and for French buyers in international corporations.”