Nordnet AB Selects Shareholder Disclosure Solution from Broadridge
Nordnet Bank AB, a leading pan-Nordic digital platform for savings and investments, has implemented Broadridge Financial Solutions' (NYSE:BR) international shareholder disclosure solution to comply with the updated Shareholder Rights Directive (SRDII). The implementation involves Broadridge's end-to-end Shareholder Disclosure Hub, an API-based digital solution that has been operational since September 2024.
The solution enables Nordnet to accurately and securely respond to shareholder identification requests and forward them to other parties within required deadlines. This implementation supports Nordnet's operations in Sweden and other European markets, ensuring compliance with SRDII requirements while maintaining high data security standards.
Nordnet Bank AB, una delle principali piattaforme digitali pan-nordiche per risparmi e investimenti, ha implementato la soluzione di divulgazione internazionale degli azionisti di Broadridge Financial Solutions (NYSE:BR) per conformarsi alla nuova Direttiva sui Diritti degli Azionisti (SRDII). L'implementazione coinvolge il Shareholder Disclosure Hub di Broadridge, una soluzione digitale basata su API che è operativa da settembre 2024.
La soluzione consente a Nordnet di rispondere in modo preciso e sicuro alle richieste di identificazione degli azionisti e di inoltrarle ad altre parti entro le scadenze richieste. Questa implementazione supporta le operazioni di Nordnet in Svezia e in altri mercati europei, garantendo la conformità ai requisiti SRDII mantenendo elevati standard di sicurezza dei dati.
Nordnet Bank AB, una de las principales plataformas digitales pan-nórdicas para ahorros e inversiones, ha implementado la solución de divulgación internacional de accionistas de Broadridge Financial Solutions (NYSE:BR) para cumplir con la actualizada Directiva de Derechos de los Accionistas (SRDII). La implementación involucra el Shareholder Disclosure Hub de Broadridge, una solución digital basada en API que ha estado operativa desde septiembre de 2024.
La solución permite a Nordnet responder de manera precisa y segura a las solicitudes de identificación de accionistas y reenviarlas a otras partes dentro de los plazos requeridos. Esta implementación apoya las operaciones de Nordnet en Suecia y otros mercados europeos, asegurando el cumplimiento de los requisitos de SRDII mientras mantiene altos estándares de seguridad de datos.
Nordnet Bank AB는 저축 및 투자에 대한 주요 북유럽 디지털 플랫폼으로, Broadridge Financial Solutions (NYSE:BR)의 국제 주주 공개 솔루션을 구현하여 업데이트된 주주 권리 지침(SRDII)을 준수하고 있습니다. 이 구현은 2024년 9월부터 운영 중인 API 기반의 디지털 솔루션인 Shareholder Disclosure Hub를 포함합니다.
이 솔루션은 Nordnet이 주주 식별 요청에 정확하고 안전하게 응답하고 이를 요구되는 기한 내에 다른 당사자에게 전달할 수 있도록 합니다. 이 구현은 Nordnet의 스웨덴 및 기타 유럽 시장에서의 운영을 지원하며, SRDII 요구 사항을 준수하는 동시에 높은 데이터 보안 기준을 유지합니다.
Nordnet Bank AB, une plateforme numérique pan-nordique de premier plan pour l'épargne et les investissements, a mis en œuvre la solution de divulgation internationale des actionnaires de Broadridge Financial Solutions (NYSE:BR) pour se conformer à la mise à jour de la Directive sur les droits des actionnaires (SRDII). L'implémentation implique le Shareholder Disclosure Hub de Broadridge, une solution numérique basée sur une API qui est opérationnelle depuis septembre 2024.
Cette solution permet à Nordnet de répondre avec précision et sécurité aux demandes d'identification des actionnaires et de les transmettre à d'autres parties dans les délais requis. Cette mise en œuvre soutient les opérations de Nordnet en Suède et sur d'autres marchés européens, garantissant la conformité aux exigences de la SRDII tout en maintenant des normes de sécurité des données élevées.
Nordnet Bank AB, eine führende pan-nordische digitale Plattform für Sparen und Investitionen, hat die internationale Aktionärsoffenlegungslösung von Broadridge Financial Solutions (NYSE:BR) implementiert, um die aktualisierte Aktionärsrechte-Richtlinie (SRDII) einzuhalten. Die Implementierung umfasst das Shareholder Disclosure Hub von Broadridge, eine API-basierte digitale Lösung, die seit September 2024 in Betrieb ist.
Die Lösung ermöglicht es Nordnet, genau und sicher auf Anfragen zur Identifizierung von Aktionären zu reagieren und diese fristgerecht an andere Parteien weiterzuleiten. Diese Implementierung unterstützt die Geschäfte von Nordnet in Schweden und anderen europäischen Märkten und gewährleistet die Einhaltung der SRDII-Anforderungen bei gleichzeitiger Wahrung hoher Datensicherheitsstandards.
- Secured new client (Nordnet Bank) for Shareholder Disclosure Hub solution
- Successfully implemented and operational since September 2024
- Expands Broadridge's presence in Nordic markets
- None.
Insights
This strategic win for Broadridge demonstrates their growing dominance in the regulatory technology space, particularly in the critical European market. The implementation of their Shareholder Disclosure Hub at Nordnet, which has been operational since September 2024, showcases several key advantages:
The solution leverages API-based technologies, reflecting Broadridge's commitment to modern, scalable architecture. This technical approach is particularly significant as it enables seamless integration with existing systems and provides the flexibility to adapt to future regulatory changes - a important competitive advantage in the fast-evolving fintech landscape.
From a market perspective, this implementation serves as a powerful reference case for Broadridge's capabilities in the Nordic region, potentially catalyzing additional contracts with other European financial institutions. The European market for regulatory technology solutions is experiencing substantial growth, driven by increasingly complex compliance requirements and the need for digital transformation in traditional financial institutions.
The recurring revenue nature of this solution aligns with Broadridge's business model of building stable, long-term revenue streams through mission-critical infrastructure. The Shareholder Disclosure Hub represents a 'sticky' product that, once implemented, becomes deeply integrated into a client's operations, creating high switching costs and strengthening Broadridge's competitive moat.
Notably, this implementation addresses compliance with SRDII, but the solution's architecture allows for adaptation to future regulatory requirements, positioning Broadridge as a long-term technology partner rather than just a point solution provider. This strategic positioning is particularly valuable as regulatory requirements continue to evolve and financial institutions seek partners who can help them navigate complex compliance landscapes efficiently.
"We are firmly committed to the advancement of shareholder democracy throughout the financial services industry," said Quincy Curry, Director of Securities Brokerage at Nordnet. "Through Broadridge's technically advanced solution and the backing of its deeply knowledgeable market experts, we are confidently able to respond to shareholder identification requests accurately and securely. We can also forward to other parties in the chain, well within the required deadlines."
Nordnet has implemented Broadridge's innovative, end-to-end Shareholder Disclosure Hub, a comprehensive digital solution that uses the latest API-based technologies, and live processing has been underway since September 2024. This move will enable Nordnet to fulfill its shareholder disclosure requirements in accordance with SRDII, while ensuring top-tier data security for its operations in
"We are thrilled to support Nordnet, helping them to streamline and enhance transparency while achieving their SRDII compliance obligations," said Demi Derem, SVP International Investor Communication Solutions, Broadridge. "Nordnet's deployment of the Shareholder Disclosure Hub exemplifies its leadership in driving higher governance standards to the benefit of its clients and the wider industry, and further advances its strategic mission to democratize savings and investments."
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
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SOURCE Broadridge Financial Solutions, Inc.
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