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Danske Bank Implements Broadridge's Global Proxy Voting Solution to Enhance Investor Services

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Danske Bank has implemented Broadridge Financial Solutions, Inc.'s (NYSE: BR) global proxy voting technology to enhance client services worldwide. This implementation streamlines the proxy voting process, ensuring greater accuracy and speed for more informed and timely investment decisions. The move extends the strategic relationship between Danske Bank and Broadridge, following Danske Bank's selection of Broadridge's Tbricks solution for multi-asset trading earlier in 2024.

Greta Liniauskaite-Jankuniene, Head of Asset Services at Danske Bank, emphasized the importance of this partnership in enhancing global investor stewardship and delivering efficient voting solutions. Danske Bank commenced live operations for proxy voting with Broadridge in September 2024, benefiting from a unified and resilient solution supporting efficient investor voting across EMEA, the Americas, and Asia/Pacific regions.

Danske Bank ha implementato la tecnologia globale di voto per delega di Broadridge Financial Solutions, Inc. (NYSE: BR) per migliorare i servizi ai clienti a livello mondiale. Questa implementazione semplifica il processo di voto per delega, garantendo maggiore accuratezza e velocità per decisioni di investimento più informate e tempestive. Questo passo estende la relazione strategica tra Danske Bank e Broadridge, dopo la selezione da parte di Danske Bank della soluzione Tbricks di Broadridge per il trading multi-asset all'inizio del 2024.

Greta Liniauskaite-Jankuniene, Responsabile dei Servizi Patrimoniali di Danske Bank, ha sottolineato l'importanza di questa partnership per migliorare la stewardship globale degli investitori e fornire soluzioni di voto efficienti. Danske Bank ha avviato le operazioni dal vivo per il voto per delega con Broadridge a settembre 2024, beneficiando di una soluzione unificata e resiliente che supporta il voto efficiente degli investitori nelle regioni EMEA, Americhe e Asia/Pacifico.

Danske Bank ha implementado la tecnología global de votación por poder de Broadridge Financial Solutions, Inc. (NYSE: BR) para mejorar los servicios al cliente en todo el mundo. Esta implementación optimiza el proceso de votación por poder, asegurando una mayor precisión y rapidez para decisiones de inversión más informadas y oportunas. Este movimiento extiende la relación estratégica entre Danske Bank y Broadridge, tras la selección por parte de Danske Bank de la solución Tbricks de Broadridge para el comercio de múltiples activos a principios de 2024.

Greta Liniauskaite-Jankuniene, Jefa de Servicios de Activos en Danske Bank, enfatizó la importancia de esta asociación para mejorar la responsabilidad de los inversores a nivel global y ofrecer soluciones de votación eficientes. Danske Bank inició operaciones en vivo para la votación por poder con Broadridge en septiembre de 2024, beneficiándose de una solución unificada y resiliente que apoya la votación eficiente de los inversores en las regiones de EMEA, las Américas y Asia/Pacífico.

Danske Bank는 전 세계 고객 서비스를 개선하기 위해 Broadridge Financial Solutions, Inc. (NYSE: BR)의 글로벌 위임 투표 기술을 구현했습니다. 이 구현은 위임 투표 프로세스를 간소화하여 더 정확하고 빠른 투자 결정을 가능하게 합니다. 이 조치는 Danske Bank가 2024년 초 다자산 거래를 위해 Broadridge의 Tbricks 솔루션을 선택한 후 Broadridge와의 전략적 관계를 확장합니다.

Danske Bank의 자산 서비스 책임자인 Greta Liniauskaite-Jankuniene은 이 파트너십이 전 세계 투자자 관리를 강화하고 효율적인 투표 솔루션을 제공하는 데 얼마나 중요한지를 강조했습니다. Danske Bank는 2024년 9월에 Broadridge와 함께 위임 투표를 위한 실제 작업을 시작하여 EMEA, 아메리카, 아시아/태평양 지역에서 효율적인 투자자 투표를 지원하는 통합되고 탄력적인 솔루션의 혜택을 누렸습니다.

Danske Bank a mis en œuvre la technologie de vote par procuration mondiale de Broadridge Financial Solutions, Inc. (NYSE: BR) afin d'améliorer les services clients à travers le monde. Cette mise en œuvre rationalise le processus de vote par procuration, garantissant plus d'exactitude et de rapidité pour des décisions d'investissement mieux informées et plus ponctuelles. Ce mouvement étend la relation stratégique entre Danske Bank et Broadridge, suite au choix de Danske Bank de la solution Tbricks de Broadridge pour le trading multi-actifs au début de 2024.

Greta Liniauskaite-Jankuniene, responsable des services d'actifs chez Danske Bank, a souligné l'importance de ce partenariat pour améliorer la responsabilité des investisseurs à l'échelle mondiale et offrir des solutions de vote efficaces. Danske Bank a commencé les opérations en direct pour le vote par procuration avec Broadridge en septembre 2024, bénéficiant d'une solution unifiée et résiliente soutenant le vote efficace des investisseurs dans les régions EMEA, Amériques et Asie/Pacifique.

Die Danske Bank hat die globale Proxy-Voting-Technologie von Broadridge Financial Solutions, Inc. (NYSE: BR) implementiert, um die Kundenservices weltweit zu verbessern. Diese Implementierung optimiert den Proxy-Voting-Prozess und sorgt für größere Genauigkeit und Geschwindigkeit bei informierten und zeitgerechten Investitionsentscheidungen. Dieser Schritt erweitert die strategische Beziehung zwischen der Danske Bank und Broadridge, nachdem die Danske Bank Anfang 2024 die Tbricks-Lösung von Broadridge für den Multi-Asset-Handel ausgewählt hat.

Greta Liniauskaite-Jankuniene, Leiterin der Asset Services bei der Danske Bank, betonte die Bedeutung dieser Partnerschaft zur Verbesserung der globalen Verantwortlichkeit von Investoren und zur Bereitstellung effizienter Abstimmungslösungen. Die Danske Bank nahm im September 2024 den Live-Betrieb für das Proxy-Voting mit Broadridge auf und profitiert von einer einheitlichen und robusten Lösung, die eine effiziente Abstimmung von Investoren in der EMEA-Region, den Amerikas und dem Asien/Pazifik-Raum unterstützt.

Positive
  • Implementation of Broadridge's global proxy voting technology enhances Danske Bank's client services
  • Streamlined proxy voting process improves accuracy and speed for investment decisions
  • Extension of strategic relationship between Danske Bank and Broadridge
  • Live operations for proxy voting commenced in September 2024
Negative
  • None.

Insights

Danske Bank's implementation of Broadridge's global proxy voting technology marks a significant advancement in their investor services offering. This move aligns with the growing trend of financial institutions leveraging fintech solutions to enhance operational efficiency and client satisfaction.

The partnership extends beyond proxy voting, as Danske Bank had previously adopted Broadridge's Tbricks platform for multi-asset trading earlier this year. This comprehensive approach suggests a strategic shift towards modernizing their entire trading and investor relations infrastructure.

For Broadridge (BR), this deal reinforces its position as a leader in the financial technology space, particularly in proxy voting and shareholder communications. It demonstrates the company's ability to secure and expand relationships with major financial institutions, which could potentially lead to increased recurring revenue and market share growth.

While the immediate financial impact may be , the long-term implications for Broadridge are positive. The company's ability to provide end-to-end solutions across multiple financial services domains strengthens its competitive position and could drive future growth opportunities in the global banking sector.

NEW YORK and LONDON and COPENHAGEN, Denmark, Oct. 16, 2024 /PRNewswire/ -- In a move to enhance client services globally, Danske Bank has implemented Broadridge Financial Solutions, Inc.'s (NYSE: BR) leading global proxy voting technology.

The Broadridge solution streamlines the proxy voting process and ensures greater accuracy and speed, enabling Danske Bank's clients to make more informed and timely investment decisions.

The implementation extends the trusted strategic relationship between Danske Bank and Broadridge.  Earlier in 2024 Broadridge announced that Danske Bank had selected Broadridge's multi-asset trading and market making solution, Tbricks, to support multi-asset trading, pricing and position management across Danske Bank's markets.

"We are thrilled to launch this partnership with Broadridge, which is pivotal in enhancing our global investor stewardship. This collaboration enables us to deliver seamless, efficient voting solutions that empower our clients across all regions," says Greta Liniauskaite-Jankuniene, Head of Asset Services in Danske Bank. She continues: "This is an important milestone in our strategic journey and, together with Broadridge, who is a global leader in this domain, we can combine our expertise and experience with an efficient and resilient end-to-end solution that will help our customers both domestically and internationally."

Danske Bank commenced live operations for proxy voting with Broadridge in September of this year and is now benefitting from the unified and highly resilient solution to support efficient investor voting for meetings in all regions including EMEA, the Americas and Asia/Pacific.

"We applaud Danske Bank's proactive and responsible strategy to empower investors who increasingly want to exercise their vote entitlements in all markets," said Demi Derem, SVP of Investor Communication Solutions International, Broadridge.  "Working together in close partnership, we are delivering on our commitment to advance shareholder democracy and market wide governance standards throughout the shareholder communications chain."

About Broadridge

Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of 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, please visit www.broadridge.com.

Broadridge Contacts:

Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com

Media:
Gregg Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com

Broadridge Logo. (PRNewsFoto/Broadridge Financial Solutions)

 

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SOURCE Broadridge Financial Solutions, Inc.

FAQ

What technology has Danske Bank implemented from Broadridge Financial Solutions?

Danske Bank has implemented Broadridge Financial Solutions' global proxy voting technology to enhance client services globally.

When did Danske Bank start live operations for proxy voting with Broadridge (BR)?

Danske Bank commenced live operations for proxy voting with Broadridge in September 2024.

What regions does the new proxy voting solution cover for Danske Bank?

The new proxy voting solution supports efficient investor voting for meetings in all regions including EMEA, the Americas, and Asia/Pacific.

What other Broadridge (BR) solution did Danske Bank select earlier in 2024?

Earlier in 2024, Danske Bank selected Broadridge's multi-asset trading and market making solution, Tbricks, to support multi-asset trading, pricing, and position management.

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