Shareholders Benefiting From Virtual Communication: Broadridge CEO

The transcript discusses the rise of virtual shareholder meetings, highlighting their benefits in increasing participation and improving corporate governance. Broadridge's role in providing solutions for corporate governance and regulatory reporting is explored. The challenges and best practices of virtual meetings are addressed, along with the impact of market volatility on trading and Broadridge's technology. Finally, strategies for managing investor expectations amid growth due to the pandemic are discussed.

What is one of the main benefits of virtual shareholder meetings?

• Increased travel expenses

• Higher participation rates

• Limited access for individual shareholders

• Reduced transparency

What is Broadridge's primary focus in the fintech industry?

• Creating social media platforms

• Providing infrastructure for corporate governance

• Manufacturing financial hardware

• Developing consumer banking apps

How does Broadridge help investors understand their investments?

• By offering free financial advice

• By providing clear disclosures

• By managing their portfolios

• By reducing investment risks

What concern is raised about virtual meetings?

• They decrease shareholder participation

• They are too expensive to organize

• Management might avoid tough questions

• They require in-person attendance

What has been a significant factor in Broadridge's trading processing success?

• Low market volatility

• High market volatility

• Decreased trading volume

• Limited global reach

How much does Broadridge clear and settle daily on its platform?

• $6 trillion

• $10 trillion

• $3 trillion

• $1 trillion

What is Broadridge's growth expectation for the coming years?

• Decline in revenue

• Steady high single-digit revenue growth

• No change in growth

• Rapid decline in market share