back Back

Caceis Bank partners with Broadridge to go live on their SRD II solution

By Joy Dumasia

July 21, 2021

  • Caceis
  • Europe
Share

Caceis Bank, Germany Branch has selected global FinTech Broadridge Financial Solutions, Inc. to provide it with a full suite of advanced solutions. Caceis is running live on Broadridge’s SRD II solutions, enabling it to address the Directive’s requirements for increased governance and transparency through a strategic, end-to-end process for voting and disclosure across all in-scope European markets.

Caceis uses Broadridge’s enhanced Global Proxy Voting platform for its German domestic and cross-border custody operations, benefitting from high levels of straight-through processing efficiency throughout the voting lifecycle for its broad network of bank and broker intermediaries direct retail and institutional investor clients.

The bank is also using Broadridge’s new Shareholder Disclosure Hub, both in Germany and more widely across the Caceis Group, enabling it to meet issuer requests for shareholder details within the tight deadlines mandated by the Directive.

Broadridge’s enhanced Global Proxy solution utilises a white-labelled retail voting platform, ProxyVote, as well as its multi-custodial institutional voting platform, ProxyEdge. It enables same-day event capture and distribution, same-day proxy vote processing and vote confirmations, advanced multi-channel retail functionality and European client data storage.

Stéphane Arvor, Member of the German Executive Committee and responsible for Information Technologies, Caceis Bank S.A., Germany Branch, said: “We welcome and fully support the heightened levels of corporate governance introduced through SRD II, together with its objectives for improved communication standards between issuers and investors, and the drive for greater shareholder engagement.”

IBS Intelligence reported that Financial technology provider FIS had signed a long-term agreement with CACEIS, jointly owned by Credit Agricole and Santander. This is to provide the asset servicing firm with an enhanced payment hub to industrialise payment operations, reduce processing costs and provide a smooth payment experience.

Previous Article

July 21, 2021

U GRO Capital launches MSME co-lending program with Bank of Baroda

Read More
Next Article

July 21, 2021

Nasdaq Private Market to become a standalone, independent company

Read More






IBSi Daily News Analysis

UAE, money transfer

June 14, 2024

Caceis

Digital remittances surge as key lifeline amid global economic challenges, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Whale Cloud & Ant International expand eWallet & Super App Technologies

Read More

Today

BNP Paribas and BPCE join forces to create a payment processor

Read More

Today

Aurionpro Payments bags RBI’s final nod for Online Payment Aggregator License

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023