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TRUSTprocessor
Add-On Module Overview

Broadridge Proxy Interface

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FUNCTION:


The Broadridge Proxy Interface sends electronic information about stockholders to Broadridge for corporate action fulfillment. Broadridge is the new name for a group formerly operating as ADP.

This is a 2-way interface. Every day, Broadridge prepares a list of CUSIPs for securities that need a mailing of some sort. Examples include:
 
  • Annual and quarterly reports to stockholders
  • Tax reports
  • Announcements of annual and special meetings
  • Reorganization information
  • Consent mailings
  The interface scans each CUSIP in the daily request file to find accounts in TRUSTprocessor who own the asset. It creates an export file with the detailed reply requested.

BENEFITS:

The Broadridge Proxy Interface adds value to the core system by …

     
  • allowing you to electronically send accountholder information to fulfill proxy mailings.
     
  • setting the stage for your accountholders to vote their proxies using the Broadridge website.