Broadridge Financial Solutions, Inc. has added Japan Proxy Governance, Inc. (JPG) as the fourth vote recommendation provider to ProxyEdge, a proxy voting tool for institutional investors and investment companies.
This enhanced version of ProxyEdge features fully-integrated voting recommendations by JPG, located in Tokyo.
Broadridge aims to offer high quality recommendations by providing its clients with local research based on each countrys different corporate governance cultures, laws and codes. ProxyEdge users will now have an additional choice of recommendations, providing them with a new level of efficiency and choice in the Japanese market.
JPG is a provider of analysis in Japans market and provides standard vote recommendations of Japanese meetings based on their voting criteria, internal policies, individual research, and Japanese corporate law and local business practices.
The integration of JPG analysis into ProxyEdge is part of Broadridges ongoing efforts to give clients better information and more flexible services for managing their entire proxy compliance process. ProxyEdge users will have the ability to execute ballots in accordance with standard JPG recommendations.
“This latest enhancement to ProxyEdges existing integrated recommendation services is designed to meet companies local proxy voting needs. Our goal is to allow more market participants the ability to meet their voting objectives thoughtfully and efficiently,” says Geoff de Lesseps, senior vice president of Business Development, Broadridge.
“We look forward to providing voting recommendations to Broadridge clients through ProxyEdge. We hope to provide international institutional investors, whether in Japan or elsewhere, with an efficient and effective basis for their decision-making, especially in fast-moving situations and markets where their vote is critical,” adds Yoji Yoshioka, president and CEO, JPG.