ISS Launches Service Providing "Golden Agendas" for Shareholder Meetings Worldwide
20 Mai 2010 - 1:43PM
Business Wire
RiskMetrics Group, a leading provider of risk management and
corporate governance services to the global financial community,
today announced the launch of ISS' new "Golden Agenda" service that
delivers timely, accurate and high-quality agendas for shareholder
and bondholder meetings worldwide. Already used by clients such as
CACEIS, a global asset servicing provider, the new service
leverages ISS' deep experience and global presence to streamline
the proxy voting process.
"Investors face real challenges with the consistent delivery of
meeting agendas across multiple providers," said Brian Russo, head
of RiskMetrics' Global Proxy Distribution (GPD) business. "Deep
knowledge of local market practice and governance provisions is
critical for producing an agenda that reflects the substance of
each proposal, management recommendations and valid voting options
for investors."
ISS' dedicated team of global procurement professionals and
governance analysts have over 20 years of experience in the process
of acquiring, analysing and processing meeting information for over
100 global markets. Based in nine locations worldwide, the team
proactively monitors markets on a 24/7 basis for upcoming meetings,
acquires agenda information as published by the Issuer, translates
the agendas into English, and codes them into a standardised format
that includes meeting details, industry-standard agenda codes and
descriptions, as well as management recommendations and voting
options.
Having a reliable source for meeting agendas helps make the
entire proxy process more efficient for custodians and their
clients. "The high quality and speed of ISS' meeting notifications
allow us to better serve our institutional investor clients as they
analyse and vote their proxies," said Sébastien Maussion, deputy
head of custody operations at CACEIS in Paris.
"Financial market participants and intermediaries up and down
the chain of the proxy voting process need an authoritative source
of agenda information," said Stephen Harvey, head of RiskMetrics'
Governance business. "Our vision is to take friction out of the
proxy process by providing the highest quality agendas available in
the marketplace, enabling investors to more effectively exercise
their stewardship rights and responsibilities."
Flexible delivery of the Golden Agendas is available, both on
RiskMetrics ProxyExchange proxy voting platform, as well as through
FTP, SWIFT, or alternative means. Clients can also receive
customised alerts and access original source documents through
ProxyExchange, as well as information around incentive fees and
corporate action events related to the proxy meeting. Coverage is
available for both shareholder and bondholder meetings.
About RiskMetrics Group
RiskMetrics Group (NYSE: RISK) is a leading provider of risk
management and corporate governance products and services to
financial market participants. By bringing transparency, expertise
and access to the financial markets, RiskMetrics Group helps
investors better understand and manage the risks inherent in their
financial portfolios. Our solutions address a broad spectrum of
risk across our clients’ financial assets. Headquartered in New
York with 20 global offices, RiskMetrics Group serves some of the
most prestigious institutions and corporations worldwide. For more
information, please visit: www.riskmetrics.com.
Rismetrics Grp. (NYSE:RISK)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
Rismetrics Grp. (NYSE:RISK)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024