Broadridge Financial Solutions is extending its proxy voting and disclosure solutions to third party-custodied tokenised securities.
This move will allow the firm to effectively support governance across all security tokenisation models outlined by the US Securities and Exchange Commission (SEC).
The governance solution includes on-chain voting, a unified view for issuers of their on- and off-chain shares and institutional grade reporting and controls.
It enables issuers, investors and broker-dealers to manage voting, disclosure and compliance seamlessly across traditional and tokenised securities. These capabilities include proven vote accuracy, demonstrated adherence to institutional control frameworks and high standards of information security management.
The platform provides a consistent voting experience across both traditional securities and tokenised securities, helping operationalise governance in a hybrid market structure where holdings may sit in brokerage accounts, custodial platforms, digital wallets or direct ownership frameworks.
“As tokenisation reshapes how securities are issued, held and traded, solving for governance – irrespective of how they are tokenised and where they are held – is critical to scaling adoption,” said Doug DeSchutter, president of Investor Communication Solutions (ICS) at Broadridge.
“With our unparalleled expertise in proxy voting, disclosure and regulatory compliance, Broadridge is ensuring that investors and issuers can access the full range of trusted governance capabilities for tokenized securities regardless of how assets are structured or owned.”
