Broadridge Makes Investment in AMA Partners, Expanding Data Capabilities

Partnering with AMA to offer DirectorInsight will enable European issuers and institutional investors better decision making and engagement.

Broadridge Financial Solutions, Inc. (NYSE: BR), a provider of investor communications and technology solutions for a combination of broker-dealers, banks and mutual funds, has taken a minority stake in AMA Partners, a Netherlands-based analytics group, according to a Broadridge statement.

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Broadridge’s new minority stake and partnership is designed to augment its corporate governance solution offering across Europe. AMA is a provider of DirectorInsight, an advanced analytics platform offering data and independent analysis techniques for both corporate governance and executive compensation.

DirectorInsight caters to a number of institutional venues, helping provide an independent platform for analyzing governance risks via company financials, filings, and interlocks. The deal between the two firms will also aim to aid Broadridge’s corporate governance solutions and data capabilities, which collectively give corporations and institutional investment firms across European markets broader access to AMA’s data and analytics platform.

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According to Demi Derem, General Manager, Investor Communication Solutions International, Broadridge, in a recent statement on the minority stake: “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,” Derem added.

“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,” noted Aniel Mahabier, Founder of AMA Partners, in an accompanying statement.

Broadridge (NYSE: BR) made headlines earlier this month after it reported its financial metrics for Q2 of the fiscal year ending December 31, 2016 – during this period its revenues edged higher by double digits amidst a widely upbeat quarterly performance, which came in at $639 million, or 11.0% YoY from $575 million back in Q2 2015. The net increase in revenues was tied to several components of its business, including fee revenues, distribution revenues, and event driven revenues, which collectively totaled $64 million for Q2 2016.

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