Broadridge invests in European governance platform
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Broadridge invests in European governance platform 22 February 2016Amsterdam Reporter: Stephanie Palmer
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Broadridge has expanded its corporate governance offering in Europe by parterning with, and investing in, Netherlands-based company AMA Partners.
The two firms have created a distribution and marketing alliance, allowing Broadridge to reach corporations and institutional investors through the AMA DirectorInsight analytics platform.
The interactive platform offers data and analytical tools allowing independent analysis of corporate governance and executive compensation, including governance risks, executive pay and benchmarking.
A screening tool can construct peer group scenarios for market comparison, while historical data and forecasted performance data covers 1,200 listed European companies. The platform also holds profiles on 35,000 individual directors and executives.
Through the investment, Broadridge intends to expand its corporate governance solution set and data capabilities, offering access to the platform for investors and issuers, as well as corporate secretaries and governance professionals.
Demi Derem, general manager of international investor communication solutions at Broadridge, said: “DirectorInsight will be an excellent complement to our existing suite of proxy services as part of our overall corporate governance focus.”
He added: “In the current environment of increased activism and heightened scrutiny of corporate governance practices, partnering with AMA to offer DirectorInsight will enable issuers and institutional investors better decision making and more effective engagement.”
Founder of AMA Partners Aniel Mahabier said: “AMA is excited to partner with Broadridge to greatly expand DirectorInsight’s distribution reach. DirectorInsight is the first platform within Europe that was built to aggregate and interpret data to provide transparency to promote sound corporate governance and responsible pay practices.”
“Members of boards and shareholders benefit from a more transparent and accessible decision-making process, with the ability to access the same information at the same time.”
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