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 Upgrades UK Nominations and Voting Service

Subscribe to our newsletter

Broadridge Financial Solutions today announced that, following the success of the launch of its UK Nominations & Voting Service in 2007, Broadridge has added new features to the service to further enhance its offering to retail brokers.

The UK Nominations and Voting Service was created by Broadridge in response to changes put in place by the Companies Act 2006, which was passed in order to enhance the rights of beneficial shareholders held in omnibus accounts under their broker’s nominee name. The Broadridge service enables brokers to offer their underlying clients access to shareholder materials directly from the companies they invest in, rather than indirectly through the nominee itself.

In reaction to a positive and growing response from the marketplace for the service, Broadridge has incorporated enhanced functionality into the service which allows retail brokers to not only offer online voting and mailing of company materials to all their beneficial shareholder clients, but to also provide a white-labelled service where the underlying investors can vote and access links to online company information directly through the broker’s website.

This enhancement effectively integrates the UK Nominations and Voting Service into a broker’s website. By directing the underlying shareholder client to the website in advance of upcoming company events, they are able to place their vote and access all relevant materials. The added features provide a more interactive experience for the beneficial shareholders when voting and receiving company materials. The added functionality means brokers can offer their clients the ability to electronically exercise their proxy voting rights on all companies in their UK portfolio through the broker’s own website.

“We are delighted to now offer our retail broker clients a new white-labelled voting service for their customers. Broadridge’s continued investment in our products and customer service makes us an attractive partner for the UK’s broker community,” said Bruce Babcock, president, Investor Communication Solutions, International, Broadridge.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for creating an effective data quality control framework

Data quality is critical to capital markets processes from identifying counterparties to building customer relationships, regulatory reporting, and ultimately improving the bottom line. It can also be extremely difficult to achieve. One solution is a data quality control framework that includes an automated and systematic process that monitors the state of data quality and ensures...

BLOG

Depicting Crypto’s Data Dilemma Before the Next Winter Cold Bites

By Berta Ares Lombán, Head of Digital Assets Financial Information at SIX. The crypto winter, when a basket of leading cryptocurrencies lost around $1.9 trillion in value, put a much-needed spotlight on the long-term future of digital assets. While this is not the first time cryptocurrencies have seen significant adjustments to their valuations, the fallout...

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...