Nordnet AB has adopted Broadridge Financial Solutions’ Shareholder Disclosure Hub to meet its obligations under the updated Shareholder Rights Directive (SRDII), the company announced on Monday.
Nordnet AB Selects Broadridge Shareholder Disclosure Solution
It was revealed that the leading Nordic digital investment platform has been using Broadridge’s API-based solution since September 2024, ensuring compliance with shareholder identification requests while maintaining data security across Sweden and other European markets.
“We are firmly committed to the advancement of shareholder democracy throughout the financial services industry,” said Quincy Curry, Director of Securities Brokerage at Nordnet.
He added that Broadridge’s “technically advanced solution” and market experts allow the company to process shareholder identification requests accurately, securely, and within the required deadlines.
Broadridge’s Shareholder Disclosure Hub offers a digital solution that streamlines compliance for financial institutions under SRDII.
The platform is said to enhance transparency by automating shareholder disclosure processes and ensuring that shareholder information is securely transmitted across multiple markets.
Demi Derem, SVP of International Investor Communication Solutions at Broadridge, welcomed Nordnet’s decision to implement the system, saying: Nordnet’s deployment of the Shareholder Disclosure Hub exemplifies its leadership in driving higher governance standards to the benefit of its clients and the wider industry.”
