The agreement follows an earlier memorandum of understanding between the two organizations signed in October 2010.
Under this new agreement, Broadridge and Euroclear will jointly offer a cost-effective and automated end-to-end proxy voting service, addressing the needs of all participants in the voting process including banks and brokers, issuers and investors.
Broadridge said that the service will be made available in the relevant Euroclear markets, commencing with The Netherlands later this year.
Both the firms are also working together to define the potential service model for other Euroclear markets.
Euroclear Product Management director Pierre Mahieu said together, Euroclear and Broadridge will make the proxy voting process easier, efficient and transparent in a cost-effective manne.
