Broadridge acquires minority stake in AMA Partners
Broadridge Financial Solutions has acquired a minority stake in the Netherlands-based AMA Partners, a provider of corporate governance solutions.
The company has also formed a distribution and marketing alliance with AMA Partners to expand offering for corporations and institutional investors via the Ducth firm's DirectorInsight analytics platform.
The platform provides data and analytical tools for independent analysis of corporate governance and executive compensation.
DirectorInsight offers an independent platform for analyzing governance risks, executive pay and benchmarking via a pay-for-performance screening tool, board intelligence, company financials, filings and interlocks.
Broadridge general manager of investor communication solutions international Demi Derem said: "DirectorInsight will be an excellent complement to our existing suite of proxy services as part of our overall corporate governance focus.
"In the current environment of increased activism and heightened scrutiny of corporate governance practices, partnering with AMA to offer DirectorInsight will enable issuers and institutional investors better decision making and more effective engagement."
US-based Broadridge provides investor communications and technology-driven solutions for global broker-dealers, banks, mutual funds and corporate issuers.
The company employs around 7,400 people in 14 countries.
In November 2015, Broadridge acquired privately-held investment accounting solutions provider QED Financial Systems.
QED complements the front and back office solutions that Broadridge offers to the worldwide asset management community.
Image: Broadridge Financial Solutions acquired a minority stake in AMA Partners. Photo: courtesy of stockimages/FreeDigitalPhotos.net.