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

Rhea-AI Summary

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.

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.

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

 

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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.