DekaBank has gone live with Broadridge’s Global Proxy Voting and Shareholder Disclosure Hub solutions. This provides support for its institutional client base across Europe, through DekaBank’s network of German savings banks and its own private bank. Corporate governance standards in Germany and across Europe are undergoing a fundamental transformation, driven by SRD II regulations and the growing demand for shareholder democracy as investors increasingly seek to positively influence corporate policy and ESG strategies. SRD II significantly impacts shareholder communications for all intermediaries holding or servicing European equities, globally. The regulation aims to increase the accuracy and transparency of communications between share-issuing companies and their investors – facilitating more active shareholder engagement, greater levels of transparency and increased operational efficiency.
Broadridge Financial Solutions, a global Fintech leader with $5 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 $9 trillion in equities, fixed income, and other securities globally.