HONG KONG, May 17, 2021 – Praxonomy announced today that it has been chosen by the FinTech Association of Hong Kong (FTAHK), an independent, not-for-profit, membership-based organisation that has become the voice and champion of Hong Kong's local and global FinTech community, to reduce board meeting inefficiencies, enhance board communications, and improve their overall corporate governance practices with the implementation of its board management solution, Boardfolio.
Boards continue to recognise the need for adopting digital solutions that enable them to execute their responsibilities effectively, remotely, and securely. Boardfolio is a secure SaaS board portal solution designed to change the way boards, committees, and senior leadership collaborate and govern. With features that allow for instant board pack sharing, granular permission controls, and digital signatures, Boardfolio elevates the meeting experience while yielding cost and time-savings.
"We are excited to be working with Praxonomy as our board portal partner. Through the use of Boardfolio, FTAHK is able to capitalise on many of the advantages delivered by a market-leading board portal solution, enhancing our governance processes in a secure and user-friendly environment," said Benjamin Quinlan, Chairman of the FinTech Association of Hong Kong. "Given the importance of sound corporate governance to our 1,700-strong member community, the Board is looking forward to working with Praxonomy in bringing our board processes into the digital age."
"To address the needs of dynamic boards and challenges brought by a rapidly changing business environment, organisations are continuously turning to board portal solutions for the advantages they bring to board meetings, such as process efficiencies, data security and stronger governance," said Jay Shaw, Founder and CEO of Praxonomy. "We are proud to be selected by FTAHK as their board portal partner and look forward to helping their board and committees capitalise on the benefits of a secure, paperless, modernised boardroom."