Proxy Solution Supports New Shareholder Rights Broadridge Financial Solutions reports that it has begun live operations of a “golden copy” event notification and direct vote execution service that is intended to streamline proxy voting in Denmark, The service is the result of a collaboration between Broadridge and Danish central securities depositary Euronext Securities Copenhagen, and… Read More >>
SEC’s New Proxy Adviser Rule Stirs Old Woes
The SEC’s recent 3-2 vote to undo key provisions of a Trump-era rule governing proxy advisory firms has fanned the flames of controversy even though the stated goal was to bolster the independence and timeliness of these providers’ offerings. In fact, a major proxy-advice vendor, Institutional Shareholder Services (ISS), wanted the SEC to rescind the… Read More >>
Broadridge Revamps ProxyVote App & Other News
ProxyVote Updates Target Ease-of- Voting & Query Concerns Broadridge Financial Solutions has improved its ProxyVote app to help investors gain easier access to proxy information, officials say. “The enhancements make it easier than ever for investors to access and review proxy information in upcoming annual meetings of the companies and mutual funds they own, and… Read More >>
NICE Captures Zoom Meetings for Compliance & Other News
New Zoom APIs for NTR-X NICE, a financial services communication recording and compliance vendor, reports that the latest version of its key offering NICE NTR-X can be used for capturing Zoom Video Communications Inc. conference system meetings and Zoom Phone conversations. The move is in response to financial services firms accelerating their “adoption of multiple… Read More >>
Broadridge Readies Mobile App for Proxy Voting
Post-trade systems and services provider Broadridge Financial Solutions is readying a mobile app for retail investors that is intended to improve investor participation in the proxy process. The vendor is saying that with the new app, slated to go live this week, investor voting will be easier because the new app will create “an intuitive,… Read More >>
RJF Bolsters Mobile Proxy Voting via Broadridge’s API
Raymond James Financial (RJF) has jolted its mobile shareholder voting by via an enhanced application programming interface (API) and web services from Broadridge Financial Solutions — all to drive higher rates of shareholder voting. The firm is applying the API and web services support to advance the shareholder voting experience. RJF has been applying Broadridge’s… Read More >>
Could Blockchain/DLT Shift the Proxy Paradigm?
(Editor’s note: Service provider American Stock Transfer and Trust Company (AST) recently announced that it will launch a solution that uses cutting-edge blockchain/distributed ledger technology (DLT) for proxy vote tabulation. This new service is slated for the start of the 2018 proxy season. AST worked with NuArca, a blockchain/DLT solution provider, on the new offering,… Read More >>
Broadridge Applies Blockchain/DLT to Proxy Process
JPMorgan, Northern Trust & Banco Santander Aid Broadridge Pilot This is the season for blockchain/distributed ledger technology pilots as Broadridge Financial Solutions, JPMorgan, Northern Trust and Banco Santander have announced that they been working on a pilot test project that uses blockchain technology to improve “global proxy vote transparency and analytics,” officials say. The… Read More >>
CFTC Gives Compliance Officers More Time to File Annual Reports
Chief compliance officers at futures commission merchants (FCMs), swap dealers, and major swap participants may have more time to file annual reports because of amendments that the CFTC is proposing for a key regulation. CFTC officials announced on August 9 that it will be publishing in the Federal Register proposed amendments to CFTC regulation 3.3… Read More >>
Gresham Rethinks the Cloud as Broadridge Gets Local
Third-party vendors Gresham Computing and Broadridge Financial Solutions are launching new offerings, timed for SWIFT’s Sibos gathering in Singapore this week. Gresham has done “a rethink” for its cloud-based Clareti Transaction Control (CTC) offering, and Broadridge is expanding its proxy processing services. Rethinking the Cloud In many ways, Gresham’s new Clareti-as-a-Service offering, is a relaunch…. Read More >>
