About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge and InGovern Announce Alliance for Sales and Distribution of Proxy Research and Vote Recommendations for Listed Companies in India

Subscribe to our newsletter

Broadridge Financial Solutions, and InGovern Research Services today jointly announced an alliance for the sale and distribution of InGovern’s proxy research and vote recommendations for listed Indian companies through Broadridge’s ProxyEdge voting platform. This will immediately allow institutional investors, who are current users of the ProxyEdge platform, access to insights on governance of listed companies in India. Also, this will enable institutional investors to exercise their votes at shareholder meetings of Indian companies in a more informed manner.

Mr. V. Laxmikanth, Managing Director, Broadridge Financial Solutions, India, commented, “Broadridge is a leader in the area of investor communications with a number of offerings for retail and institutional investors, especially for electronic voting. ProxyEdge, our leading platform, serves more than 3,500 institutions globally and carries vote recommendations from multiple agencies. Having a link on our platform with InGovern to offer vote research and recommendations for listed Indian securities enhances our offering to our institutional clients globally. We are very excited about this relationship.”

Mr. Shankar Jaganathan, advisor to InGovern and leading corporate governance expert, said, “The alliance of InGovern and Broadridge has enormous potential for institutional investors owning listed Indian securities. For the first time, investors can access Indian voting recommendations from corporate governance specialists on the Broadridge ProxyEdge platform.

Institutional fund managers have a fiduciary duty to their investors to actively campaign for better corporate governance, and this alliance provides them with the necessary inputs.”

Mr. Shriram Subramanian, Managing Director of InGovern, stated, “We are extremely pleased to have developed this relationship with Broadridge.

Institutional investors – foreign and domestic – have significant shareholdings in many Indian companies, and our alliance with Broadridge enables us to support the higher levels of governance that investors are now seeking. The independent research and insights provided by InGovern, combined with the wide global reach of Broadridge, offer clients a unique proposition.”

The alliance with InGovern further extends Broadridge’s commitment to provide solutions for the India market. In 2010, Broadridge launched its new market connectivity solutions for the Bombay Stock Exchange and National Stock Exchange to support institutional brokerage firms operating in the India markets, either domestically or on a cross-border basis.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: AI in Asset Management: Buy-Side Attitudes toward GenAI and LLMs

Since ChatGPT exploded onto the scene in late 2022, financial markets participants have been trying to understand the opportunities and risks posed by artificial intelligence and in particular generative AI (GenAI) and large language models (LLMs). While the full value of the technology continues to become apparent, it’s already clear that AI has enormous potential...

BLOG

Latest UK SDR Measure Highlights Data Challenge

The UK has implemented the latest stage of its sustainability disclosure requirement (SDR), which is designed to encourage manufacturers of investment products to adopt measures that will prevent greenwashing. Before the measure was even introduced by the Financial Conduct Authority (FCA), however, it was apparent that fund managers’ likelihood of adopting the guidance would be...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...