Collaboration reflects shared intention to support a more efficient, transparent and globally competitive Korean capital market
NEW YORK, Sept. 29, 2026 /PRNewswire/ — Broadridge (NYSE: BR), a global Fintech leader, and Korea Securities Depository (KSD) today announced the signing of a memorandum of understanding (MOU) that sets out the parties’ mutual intention to collaborate on the modernization and enhancement of Korea’s proxy voting infrastructure.
This collaboration is aimed at supporting KSD’s broader strategic objective of strengthening the efficiency, transparency and global competitiveness of the Korean capital market, while contributing to Korea’s development as a leading capital markets ecosystem.
Under the MOU, Broadridge and KSD intend to work together to support the creation of a market operating model that will:
- Digitize and automate the end-to-end proxy voting process for international investors holding Korean equities;
- Enhance transparency, accuracy and governance standards in line with global best practices; and
- Strengthen Korea’s standing as a modern, trusted and globally aligned capital markets jurisdiction.
The collaboration also reflects a shared vision for advancing KSD’s long-term market leadership objectives by leveraging Broadridge’s deep experience and technology in similar infrastructure initiatives in other jurisdictions, while aligning with the Korean regulatory and market framework.
The scope of the collaboration may be expanded over time to additional proxy-related areas.
“KSD is committed to advancing a more efficient, transparent and globally connected capital market in Korea,” said Yunsu Rhee, Chairman & CEO of Korea Securities Depository. “We believe this MOU will contribute to enhancing the global accessibility of Korea’s capital market, increasing its appeal to international investors, and strengthening their confidence in the Korean market.”
“This MOU marks an important step in our relationship with KSD and our shared interest in advancing the cross-border proxy-voting experience,” said Tim Gokey, CEO at Broadridge. “By bringing together Broadridge’s global proxy expertise and KSD’s market-infrastructure leadership, we see an opportunity to support more efficient, transparent and accessible shareholder participation in Korea’s market.”
As Korea advances its corporate governance and capital market agenda, Broadridge and KSD may explore opportunities to address the evolving needs of international institutional and retail investors, issuers and market participants. The collaboration reflects the parties’ shared interest in Korea’s continued development as an accessible, globally connected and governance-focused market.
About Korea Securities Depository
Korea Securities Depository (KSD) is Korea’s central securities depository and a key financial market infrastructure institution. Established in 1974, KSD provides core post-trade services, including securities settlement, custody, electronic registration, securities lending, collateral management and fund services, supporting the safe and efficient functioning of Korea’s capital markets.
KSD also connects Korea’s capital market with global markets. Through its cross-border securities services and cooperation with financial market institutions worldwide, KSD supports international investment in Korean securities and contributes to enhancing the accessibility, efficiency and international connectivity of Korea’s capital market.
About Broadridge
Broadridge (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Broadridge’s technology and operations platforms process and generate over 8 billion communications annually and underpin the daily average trading of over $18 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing approximately 16,000 associates in 28 countries.
For more information about us, please visit www.broadridge.com.
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SOURCE Broadridge Financial Solutions, Inc.
