LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that BNP
Paribas Fund Services Australasia Pty has signed a multi-year agreement
to use Broadridge’s Global Proxy processing services for its clients in
the Australasia region.
BNP Paribas, already a user of Broadridge’s proxy processing services
through its France-headquartered global securities services business,
has now agreed to use the Broadridge service for the institutional
clients of its Australia-based securities services division. This will
enable BNP Paribas to offer its clients a consistent international model
based on Broadridge’s proven and trusted service.
Through the Broadridge service, BNP Paribas and its Australasian clients
will be able to benefit from a fully-automated, electronic voting
service which supports straight-through processing from account
collection and agenda distribution, through to vote processing across a
comprehensive range of international markets. For meetings in Australia
and New Zealand, Broadridge will also collate votes for BNP Paribas and
send them to local registries for vote execution.
“Broadridge brings world class proxy voting technology and services to
BNP Paribas and its clients, combined with an unsurpassed level of
domain expertise in the field of global proxy processing,” said Luc
Vassort, Head of Operations, BNP Paribas Fund Services Australasia.
“We’ve been particularly impressed by Broadridge’s exceptional focus on
service standards and its client-centric approach to delivering on time
and to budget through a highly professional, low-risk conversion
process.”
“We are extremely pleased to further extend our relationship with BNP
Paribas through this strategic agreement to support the firm and its
clients across Australasia,” said James O’Regan, General Manager,
Investor Communication Solutions, International, Broadridge. “Australia
is a strategic market for our solutions and services, and we are fully
committed to advancing the provision of shareholder communications
domestically, regionally and internationally.
About Broadridge
Broadridge is a technology services company focused on global capital
markets. Broadridge is the market leader enabling secure and accurate
processing of information for communications and securities transactions
among issuers, investors and financial intermediaries. Broadridge builds
the infrastructure that underpins proxy services for over 90% of public
companies and mutual funds in North America; processes more than $3
trillion in fixed-income and equity trades per day; and saves companies
billions annually through its technology solutions. For more information
about Broadridge, please visit www.broadridge.com.
Source: Broadridge Financial Solutions, Inc.