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Broadridge Collaborates with SLIB to Deliver Shareholder Rights Directive II Solution for French Market

French intermediaries to meet new EC regulatory requirements
ahead of the first proxy season under SRD II

LONDON and PARIS – January 5, 2021 – Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced its collaboration with SLIB, a leading-edge software vendor in electronic voting and security services based in France, to offer a joint, cross-border proxy voting solution for Shareholder Rights Directive II (SRD II) compliance, covering European shareholder meetings.

Designed specifically for French intermediaries, including the retail sector, the fully automated, end-to-end solution will leverage Broadridge’s industry-leading Global Proxy solution and includes an STP connection to SLIB’s Votaccess®, the leading electronic voting platform in France, which manages in excess of 80% of CAC 40 companies’ General Meetings.

This Broadridge-SLIB alliance will enable the distribution of meeting agendas for European shareholder meetings, as well as process and count votes from French shareholders in a seamless service, unique to the French market.

“We are delighted to partner with SLIB to help French intermediaries meet their regulatory obligations at such a vital time,” said Demi Derem, general manager of Broadridge’s International Investor Communication Solutions. “In an investor communications environment that has been dominated by heavily manual processes, this collaboration will help the French market realise significant efficiencies when it comes to vote processing across European shareholder meetings, and take the lead when it comes to compliance with SRD II.”

The Broadridge and SLIB solution will for the first time allow French retail intermediaries to offer proactive proxy voting services to shareholders where they can be notified of shareholder meetings for European companies and exercise voting rights seamlessly. The solution is fully integrated into client workflows and will be available ahead of the 2021 proxy season, the first proxy season where SRD II compliance is compulsory.

“This is a landmark initiative and brings together the leading provider of global proxy solutions in Broadridge, with our unique Votaccess platform, the electronic voting solution leader in the French market,” said Philippe Cognet, CEO, SLIB. “With deep expertise and robust investor communications governance models with the main banking actors, Broadridge represents an ideal partner to bring this innovative solution to market.”

SRD II went live on 4th September 2020 and is global in its scope, impacting any financial intermediary that holds or services European equities, irrespective of where the intermediary firm is located. It applies to all types of financial intermediaries, including banks and brokers, wealth managers and central securities depositaries (CSDs).

Broadridge has received unprecedented international demand for its multi-segment, award-winning SRD II solution and has already carried out over 100 live client implementations, with a further 100-plus now underway. These clients, which are based both within and outside of Europe, include both retail- and institutional-focused firms, encompassing multiple tier-one banks, brokers and wealth managers.

About SLIB

SLIB is the leading software vendor in register management & electronic voting, risk and post-trade markets. SLIB supports the evolution of the securities market in France and abroad, by envisioning and releasing innovative software solutions enabling financial institution to streamline their processes, while mastering the risks associated to their activities. SLIB is also Votaccess Operator, the cornerstone of Electronic Voting for Paris Stock exchange issuers and Account Keepers, delivering General Meetings notifications and collecting Digital Votes. Furthermore, as innovation is of paramount importance and to underpin any new software initiative SLIB relies on The LAB aiming to be SLIB spearhead in cutting edge technologies such as Blockchain and AI.

For more information about SLIB please visit www.slib.com.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other 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 about us, please visit www.broadridge.com.

報道関係者 お問い合わせ先 :03-5425-7220, アシュトン・コンサルティング BroadridgeJapanPR@ashton.jp。