Broadridge unveils mobile ProxyVote platform

Broadridge unveils mobile ProxyVote platform

Broadridge Financial Solutions is introducing a mobile version of its ProxyVote platform that will enable shareholders to cast votes using smartphones and tablets.

Broadridge says its online service - which lets street name and registered shareowners, as well as 401(k), ESOP and ESPP participants vote their shares on the Internet - was used for around 20 million proxy votes during the 12 months to June.

However, shareowners that register for electronic delivery of proxy materials and are notified via e-mail, can currently only cast e-votes via their personal computers.

From early 2011, Mobile ProxyVote will enable users to cast their votes via iPhones, iPads, BlackBerrys, and Android handsets.

Robert Schifellite, president, investor communication solutions, Broadridge, says: "Shareholder preference is shifting towards using technology to improve both their access to information and their ability to act upon it. As the market leader in delivering innovation to the proxy system and investor communications, this introduction signals a significant shift forward for shareholders and will increase participation, especially among individual investors."

Comments: (1)

A Finextra member
A Finextra member 03 December, 2010, 10:44Be the first to give this comment the thumbs up 0 likes

This another significant APP development. Folowing SIBOS and the launch of a number of APPs by several vendors the trend is very clear. If a vendor does not have a relevant APP they are already looking like yesterdays software vendor. Expect many more developments of this kind as the industry moves to empower the investor. This meets regulatory needs in both Europe and the USA where the investor is rightly king. Well done Broadridge for moving the industry a step further in utilising APP technology to the benefit of the willing investor 

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