Broadridge and SLIB go-live with voting solution for French market
29 November 2022 France
Image: freshidea/stock.adobe.com
Broadridge has collaborated with SLIB, a France-based software editor for electronic voting and securities services, to deliver a joint end-to-end global voting solution.
The solution aims to provide firms with an efficient, streamlined process throughout the vote processing lifecycle — from capture and distribution of golden copy issuer meeting announcements to vote execution and confirmation of votes cast.
With an automated and digital approach, Broadridge says the solution will reduce exposure to operational and regulatory risk.
The go-live of the voting solution represents an addition to the cross-border proxy voting service for France-based investors that hold international shares, launched by Broadridge and SLIB in December 2021.
Speaking on the announcement, Demi Derem, general manager of Broadridge’s International Investor Communication Solutions, says: “Broadridge remains firmly committed to enabling greater levels of shareholder engagement across markets globally.
“Together with our partners at SLIB, we have delivered an advanced voting and communications solution that makes it easier for all investors, those in France and in other markets, to seamlessly cast their votes in the companies they own.”
Philippe Cognet, CEO of SLIB, adds: “To attract foreign investment, and in response to regulatory pressures and the requirement for robust ESG policies, there is a foundational need to demonstrate strong corporate governance practices through the provision of efficient vote communications.
“With Broadridge as our strategic partner, we can now offer intermediaries a comprehensive and efficient ecosystem that combines support for international investors in French listed companies and for French investors in foreign companies.”
The solution aims to provide firms with an efficient, streamlined process throughout the vote processing lifecycle — from capture and distribution of golden copy issuer meeting announcements to vote execution and confirmation of votes cast.
With an automated and digital approach, Broadridge says the solution will reduce exposure to operational and regulatory risk.
The go-live of the voting solution represents an addition to the cross-border proxy voting service for France-based investors that hold international shares, launched by Broadridge and SLIB in December 2021.
Speaking on the announcement, Demi Derem, general manager of Broadridge’s International Investor Communication Solutions, says: “Broadridge remains firmly committed to enabling greater levels of shareholder engagement across markets globally.
“Together with our partners at SLIB, we have delivered an advanced voting and communications solution that makes it easier for all investors, those in France and in other markets, to seamlessly cast their votes in the companies they own.”
Philippe Cognet, CEO of SLIB, adds: “To attract foreign investment, and in response to regulatory pressures and the requirement for robust ESG policies, there is a foundational need to demonstrate strong corporate governance practices through the provision of efficient vote communications.
“With Broadridge as our strategic partner, we can now offer intermediaries a comprehensive and efficient ecosystem that combines support for international investors in French listed companies and for French investors in foreign companies.”
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