Broadridge Financial Solutions Upgrades Global Proxy Program with AWS Migration for Enhanced Performance

Broadridge Financial Solutions Enhances Global Proxy Modernization with AWS Migration

Broadridge Financial Solutions, Inc. announces a major upgrade to its Global Proxy modernization program with the successful migration of its Shareholder Disclosure Hub (SDH) to Amazon Web Services (AWS). This transition aims to significantly enhance the platform's performance, resilience, and security. The migration expands the SDH's market coverage to include Singapore and South Africa, in addition to its existing operations in the EMEA and APAC regions. Demi Derem, Senior Vice President of Investor Communications Solutions International at Broadridge, highlights that this investment not only boosts operational efficiency but also fortifies the security framework for clients, aligning Broadridge's services with the dynamic needs of global capital markets.

The re-engineering of the SDH platform adopts a cloud-native architecture that improves stability, scalability, and security, achieving certification to Cloud Security Alliance (CSA) STAR Level 2. These enhancements are designed to simplify operational complexities for market participants, facilitating compliance with shareholder disclosure requirements across all SRD II markets in the European Economic Area (EEA), as well as in Australia, Hong Kong, the United Kingdom, and the newly added Singapore and South Africa. This unified approach enables institutional investors, intermediaries, and issuers to navigate regulatory landscapes efficiently, thus promoting greater shareholder transparency and democracy across various jurisdictions.

Broadridge's commitment to innovation is evident, as the company processes over 7 billion communications annually and supports an average daily trading volume exceeding $15 trillion in diverse securities globally. With a workforce of over 15,000 employees spread across 21 countries, Broadridge not only emphasizes operational excellence but also prioritizes employee satisfaction, being recognized as a Great Place to Work® and a constituent of the S&P 500® Index. This latest enhancement in their Global Proxy program underscores Broadridge's dedication to providing value-added services and maintaining its position as a leader in the financial technology sector.

In addition to the AWS migration, Broadridge’s focus on expanding its market presence reinforces its strategy to cater to the evolving demands of the global financial landscape. By enabling more jurisdictions to comply with complex regulatory frameworks, Broadridge positions itself as an essential partner for stakeholders navigating the increasingly intricate capital markets.

Broadridge's proactive approach to leveraging cloud technology illustrates a significant shift in how financial services firms can enhance their operations. This migration not only reflects the company's agility in adapting to technological advancements but also highlights its commitment to delivering superior service and security to its clients in an ever-changing market.