Broadridge and Korea Securities Depository Sign MOU to Support Modernization of Proxy Voting for International Investors Holding Korean Equities
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Collaboration reflects shared intention to support a more efficient, transparent and globally competitive Korean capital market
This collaboration is aimed at supporting KSD's broader strategic objective of strengthening the efficiency, transparency and global competitiveness of the Korean capital market, while contributing to
Under the MOU, Broadridge and KSD intend to work together to support the creation of a market operating model that will:
- Digitize and automate the end-to-end proxy voting process for international investors holding Korean equities;
- Enhance transparency, accuracy and governance standards in line with global best practices; and
- Strengthen
Korea's standing as a modern, trusted and globally aligned capital markets jurisdiction.
The collaboration also reflects a shared vision for advancing KSD's long-term market leadership objectives by leveraging Broadridge's deep experience and technology in similar infrastructure initiatives in other jurisdictions, while aligning with the Korean regulatory and market framework.
The scope of the collaboration may be expanded over time to additional proxy-related areas.
"KSD is committed to advancing a more efficient, transparent and globally connected capital market in
"This MOU marks an important step in our relationship with KSD and our shared interest in advancing the cross-border proxy-voting experience," said
As
About Korea Securities Depository
Korea Securities Depository (KSD) is
KSD also connects
About Broadridge
Broadridge (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Broadridge's technology and operations platforms process and generate over 8 billion communications annually and underpin the daily average trading of over $18 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing approximately 16,000 associates in 28 countries.
For more information about us, please visit www.broadridge.com.
Broadridge Contacts:
Investors:
[email protected]
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SOURCE Broadridge Financial Solutions, Inc.
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