Broadridge Financial Solutions enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution and marketing alliance with AMA Partners, B.V. (AMA).
AMA is a Netherlands-based firm and provider of DirectorInsight, an innovative and powerful analytics platform that offers data and analytical tools for independent analysis of corporate governance and executive compensation. The deal expands Broadridge’s corporate governance solution set and data capabilities to give corporations and institutional investment firms in key European markets access to an expanded, customisable data and analytics platform.
DirectorInsight is a one-stop, interactive online corporate governance data and analytics tool, providing an independent platform for analysing governance risks, executive pay and benchmarking through a pay-for-performance screening tool, board intelligence, company financials, filings and interlocks. In addition, DirectorInsight offers a tool for constructing peer group scenarios to screen against a company’s peer group.
The solution is powered by historical data going back to 2008, plus forecasted performance and standardised compensation data and covers more than 1,200 listed European companies with profiles of over 35,000 directors and executives. It serves investors, issuers, corporate secretaries and professionals in the fields of human resources and governance and can be used for, among other things, succession planning and recruitment efforts.
“DirectorInsight will be an excellent complement to our existing suite of proxy services as part of our overall corporate governance focus,” said Demi Derem, general manager, Investor Communication Solutions International, Broadridge. “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.”
Aniel Mahabier, founder of AMA Partners, said: “AMA is excited to partner with Broadridge to greatly expand DirectorInsight’s distribution reach. DirectorInsight is the first platform within Europe that was built to aggregate and interpret data to provide transparency to promote sound corporate governance and responsible pay practices. Members of boards and shareholders benefit from a more transparent and accessible decision-making process, with the ability to access the same information at the same time.”