{"id":382307,"date":"2020-11-16T16:33:32","date_gmt":"2020-11-16T21:33:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382307"},"modified":"2020-11-16T16:33:32","modified_gmt":"2020-11-16T21:33:32","slug":"broadridge-announces-next-generation-virtual-shareholder-meeting-platform","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/broadridge-announces-next-generation-virtual-shareholder-meeting-platform\/","title":{"rendered":"Broadridge Announces Next Generation Virtual Shareholder Meeting Platform"},"content":{"rendered":"
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The enhanced platform will increase accessibility, transparency and engagement and leverages APIs to facilitate shareholder access to any virtual meeting platform<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, Nov. 16, 2020<\/span> \/PRNewswire\/ —\u00a0Broadridge Financial Solutions, Inc.<\/a>, a global Fintech leader and pioneer in virtual shareholder meetings (VSM), has announced the first phase of its\u00a0enhanced VSM platform. This next generation of VSMs will increase accessibility, transparency and engagement to meet the rising expectations of corporate issuers, mutual funds and shareholders. As part of the initial phase, Broadridge has made extensive investments and developed Application Programming Interfaces (APIs) which will enable Broadridge to validate beneficial shareholders who log on to other virtual meeting platforms. <\/p>\n

“Broadridge’s plan to enhance its VSM technology will include a next-gen user interface, streamlined navigation and a better experience for all participants, including management, board members and shareholders,” said Cathy Conlon<\/span>, Vice President of Strategy, Product Management and Business Development, Broadridge. “As part of an industry working group examining virtual shareholder meetings, there is movement towards creating an open source validation framework to enable issuers to choose any virtual meeting platform and have their shareholders validated onto it. Broadridge is leading that effort and has made extensive investments and developed APIs that will enable this vision for the 2021 proxy season.” <\/p>\n

Broadridge is on track to facilitate almost 2,000 VSMs in 2020, up from 326 meetings in 2019. Following the unprecedented usage of VSMs in the 2020 proxy season, Broadridge sought feedback from more than 100 VSM clients, investors and other industry constituents. As a result of this outreach, Broadridge identified three priority areas of focus and developed a comprehensive roadmap for enhancing the participant experience, company management of the meeting and the Q&A experience to provide more transparency for both issuers and shareholders. The focus on these priorities will create a better experience for all participants, including management, board members and shareholders. This new experience is expected to be rolled out over the next several months and will include:<\/p>\n