Nordnet incorporates Broadridge solution 24 February 2024Sweden Reporter: Clelia Frondaroli
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Nordnet Bank has implemented Broadridge's Shareholder Disclosure Hub, following its obligations under the updated Shareholder Rights Directive (SRDII).
Broadridge's Shareholder Disclosure Hub will enable Nordnet to meet its shareholder disclosure requirements under SRDII, whilst ensuring that data security is maintained for the company's operations in Sweden and other key European markets.
The company has started live operations today. Quincy Curry, director of securities brokerage at Nordnet, comments: “Through Broadridge’s technically advanced solution and the backing of its deeply knowledgeable market experts, we are confidently able to respond to shareholder identification requests accurately and securely."
Demi Derem, senior vice president of international investor communication solutions at Broadridge, adds: "Nordnet’s deployment of the Shareholder Disclosure Hub exemplifies its leadership in driving higher governance standards to the benefit of its clients and the wider industry, and further advances its strategic mission to democratise savings and investments.”
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