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Industry news

Broadridge launches Canadian proxy mobile-app


23 August 2011 Toronto
Reporter: Anna Reitman

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Image: Shutterstock
Broadridge Financial Solutions has launched its mobile proxy voting platform for Canadian shareholders, available for smart phones and tablets such as iPhone, BlackBerry, Google Android and Microsoft. Until now, registered shareholders were only able to cast electronic votes via their personal computers.

Twenty million proxy votes were recorded through ProxyVote.com for the 12 months ended June 30, 2010.  ProxyVote offers beneficial and registered shareholders, as well as Employee Stock Ownership Plan and Employee Stock Purchase Plan participants, the convenience of voting their shares on the internet. With the introduction of Mobile ProxyVote the service will now be available on compatible mobile devices.

According to Broadridge data, e-mail delivery of proxy materials is growing exponentially in North America, nearly tripling to almost 78 million deliveries for the annualized period ended June 30, 2010, up from 27 million deliveries for the annualized period ended June 30, 2006.
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