Broadridge's Shareholder Disclosure Hub Migrates to AWS
Broadridge Financial Solutions, Inc. (NYSE: BR), a leader in the financial technology sector, has recently upgraded its Shareholder Disclosure Hub (SDH) by migrating to Amazon Web Services (AWS). This significant transformation marks an important milestone in the ongoing modernization of their Global Proxy service, enhancing the platform's overall capabilities and ensuring a more robust service for its users.
Expanding Global Reach and Security
With this successful migration, Broadridge aims to increase the resilience, performance, and security of its platform significantly. The migration not only bolsters security measures but also enhances the operational efficiency necessary to meet the evolving demands of global capital markets. As stated by Demi Derem, Senior Vice President of Investor Communications Solutions International at Broadridge, this investment represents a commitment to continuous innovation and delivering value to clients while supporting worldwide shareholder transparency mandates.
The updated SDH platform is designed to address regulatory needs across major global markets, including the newly added regions of Singapore and South Africa, as well as those in the European Economic Area (EEA) and the UK. This strategic expansion of market coverage enhances the overall value proposition for institutional investors, intermediaries, and issuers using the platform.
Upgraded Architecture and Operational Efficiency
The move to a cloud-native architecture capitalizes on AWS’s expansive resources, promoting better performance, stability, scalability, and security. By implementing this comprehensive re-engineering, Broadridge ensures that the SDH is not only resilient but also aligns with the latest Cloud Security Alliance (CSA) STAR Level 2 certification standards.
One of the key advantages of this upgrade is the reduction in operational complexity that it offers to market participants. By facilitating the management of shareholder disclosure requirements across multiple jurisdictions, Broadridge’s new SDH enhances accuracy and compliance, which is vital for maintaining shareholder trust and promoting democratic practices among stakeholders.
A Commitment to Client Success
As a global technology leader, Broadridge has been dedicated to transforming the financial services industry. Their platforms facilitate the processing and generation of over 7 billion communications annually and support daily trading volumes of more than $15 trillion in various securities. This commitment to innovation and efficiency underscores Broadridge’s position as a vital partner in the financial market ecosystem.
Broadridge has consistently been recognized as a Great Place to Work® and is a part of the S&P 500® Index. With over 15,000 employees across 21 countries, the company remains steadfast in its mission to lead through building trust, ensuring security, and enhancing shareholder experiences worldwide.
For more information about Broadridge Financial Solutions and their innovations in financial technology, you can visit
www.broadridge.com. This migration marks a pivotal moment not just for Broadridge but for the industry as it continues to adapt to an increasingly digital and regulatory landscape.