{"id":2860,"date":"2024-06-07T10:00:32","date_gmt":"2024-06-07T09:00:32","guid":{"rendered":"https:\/\/www.praxonomy.com\/blog\/?p=2860"},"modified":"2024-08-01T15:25:02","modified_gmt":"2024-08-01T14:25:02","slug":"better-board-governance-for-fund-services-providers","status":"publish","type":"post","link":"https:\/\/boardlogic.formidium.com\/blog\/better-board-governance-for-fund-services-providers\/","title":{"rendered":"Better board governance for Fund Services Providers"},"content":{"rendered":"\n<p><em><strong>By <a href=\"https:\/\/www.linkedin.com\/in\/timgilkison\/\">Tim Gilkison<\/a><\/strong><\/em><\/p>\n\n\n\n<p>Today\u2019s investment environment demands that companies place ample focus on corporate governance. Part of that requires transparent disclosures and insight into board activities and performance. Board portals offer a two-pronged advantage for fund services providers, ensuring:\u00a0<\/p>\n\n\n\n<ul>\n<li><strong>board governance goals are met<\/strong>, and&nbsp;<\/li>\n\n\n\n<li><strong>board administration is made more effective<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why the <em>right<\/em> board portal solution is vital for Fund Service Providers<\/strong><\/h3>\n\n\n\n<p>A secure, user-friendly board portal allows you to:&nbsp;<\/p>\n\n\n\n<p><strong>Stay on top of board administration<\/strong>: Unlock process efficiencies for your client-boards, and capitalise on the solution\u2019s administrative functions tailored to meet the demands of the fund administration industry. Whether circulating digital board packs or meeting minutes, requesting for board approvals, or securely storing statutory client board documents, A good board portal helps you easily manage multiple board workflows so they remain in good corporate order.&nbsp;<\/p>\n\n\n\n<p><strong>Set the tone for governance<\/strong>: By easing administrative friction, Boardlogic assists in shaping the board\u2019s governance culture. Shift your clients\u2019 focus towards strategic oversight, and allocate more time for balanced, insightful, measured decision-making. With the right board portal, you address real-world board governance needs so you can deliver exceptional value to clients.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why Boardlogic is the right solution for&nbsp;Fund Services Providers<\/strong><\/h3>\n\n\n\n<p>Boardlogic, our board portal, &nbsp;is a centralised, highly-secure, online solution designed for boards and their administrators to organise and manage meetings, access documents, and collaborate with each other. Boardlogic enables boards to execute their governance activities more efficiently and effectively.&nbsp;<\/p>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-2860_397ac1-01 .kt-block-spacer{height:15px;}.wp-block-kadence-spacer.kt-block-spacer-2860_397ac1-01 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-2860_397ac1-01\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><hr class=\"kt-divider\"\/><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center has-text-color\" style=\"color:#0f1422\"><strong><em>\u201cBoardlogic has made it easy for us to manage multiple client boards as our business grows. The platform\u2019s user-friendly interface has made it simple to onboard new users and ensure everyone is informed and up-to-date with meeting details and their board materials.\u201d <\/em><\/strong><br><img decoding=\"async\" loading=\"lazy\" width=\"2560\" height=\"1280\" class=\"wp-image-2861\" style=\"width: 65px;\" src=\"https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1.jpg\" alt=\"\" srcset=\"https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1.jpg 2560w, https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1-300x150.jpg 300w, https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1-1024x512.jpg 1024w, https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1-768x384.jpg 768w, https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1-1536x768.jpg 1536w, https:\/\/boardlogic.formidium.com\/blog\/wp-content\/uploads\/2024\/06\/NSM-GROUP-BOX-LOGO-RGB-2189C-SEPT-2023-1-scaled-1-2048x1024.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/> \u2013 <strong>Director, NSM Funds<\/strong><\/p>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-2860_8b3cdc-e4 .kt-block-spacer{height:15px;}.wp-block-kadence-spacer.kt-block-spacer-2860_8b3cdc-e4 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-2860_8b3cdc-e4\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><hr class=\"kt-divider\"\/><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Here&#8217;s what Boardlogic can do for you<\/h3>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Increase effectiveness:<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>Access multiple client boards with a single sign-on<\/em><\/strong><\/h4>\n\n\n\n<ul>\n<li>Efficiently serve different sets of clients and multiple boards with one log-in.<\/li>\n\n\n\n<li>Close data gaps and provide swift responses to client queries at any time and from anywhere.<\/li>\n\n\n\n<li>Do away with email and paper-based workflows for more organised, seamless client correspondence.<\/li>\n\n\n\n<li>Collaborate, communicate and provide instant feedback when reviewing or supplying board documentation (e.g. board pack, minutes, etc.)<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Stay Aligned:<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>Work cohesively with all stakeholders<\/em><\/strong><\/h4>\n\n\n\n<ul>\n<li>Liaise with board stakeholders from one dedicated platform.<\/li>\n\n\n\n<li>Monitor the status of individual tasks assigned to board members and see them through to<\/li>\n\n\n\n<li>completion.<\/li>\n\n\n\n<li>Hand-off board documents and requests for e-signatures seamlessly.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Sustain Relationships:<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>Grow with your clients<\/em><\/strong><\/h4>\n\n\n\n<ul>\n<li>Capitalise on the benefits of a scalable solution as your needs (and those of your clients\u2019) grow.<\/li>\n\n\n\n<li>Gain client trust by improving the way the board and executives work and function.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Enhance Governance:<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>Implement an effective board governance framework for your clients<\/em><\/strong><\/h4>\n\n\n\n<ul>\n<li>Standardise your clients\u2019 board meeting workflows and practices for regulatory compliance.<\/li>\n\n\n\n<li>Mitigate compliance risks via the presence of audit trails and the implementation of strong internal board controls for document retention, data integrity, and board reporting.<\/li>\n\n\n\n<li>Track document approvals, log voting outcomes, and manage archived meeting records for transparency and accountability.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Bolster Security:<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>Ensure the security and privacy of client data<\/em><\/strong><\/h4>\n\n\n\n<ul>\n<li>Protect confidential client information and correspondence.<\/li>\n\n\n\n<li>Prevent operational, financial, and reputational damage due to security breaches.<\/li>\n\n\n\n<li>All data and documents are protected by advanced encryption.<\/li>\n\n\n\n<li>Boardlogic is ISO 27001 certified, EU-hosted, and GDPR compliant.<\/li>\n<\/ul>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-2860_23a47f-e9 .kt-block-spacer{height:20px;}.wp-block-kadence-spacer.kt-block-spacer-2860_23a47f-e9 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-2860_23a47f-e9\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><hr class=\"kt-divider\"\/><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong>Learn more about Boardlogic <a href=\"https:\/\/boardlogic.formidium.com\/why-boardlogic\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><br>Or schedule a demo with us <a href=\"https:\/\/boardlogic.formidium.com\/schedule-a-demo\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/strong><\/h3>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Why the right board portal solution will transform your fund management services<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":13,"featured_media":2541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1,5,2],"tags":[24,39,40,43,45],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Better board governance for Fund Services Providers - The Boardlogic Blog | News, Updates, Industry Insights and Best Practices.<\/title>\n<meta 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