Diligent Boards Portal Adopted by 20% of the FTSE 100
LONDON, JANUARY 18, 2012 — Diligent Board Member Services, Inc. (www.boardbooks.com), the world’s leading provider of board portal software, announced that 20 of the FTSE 100 have now adopted the Diligent iPad board portal application.
Since the first Apple tablet was launched in 2010, Diligent Boardbooks® has seen a growing number of major UK corporations replacing their old-fashioned, cumbersome board papers in favor of more mobile tablet computers. Current tablet users of Diligent Boardbooks include FTSE 100 companies such as Standard Life and Kingfisher.
At Standard Life plc, the transition to Boardbooks technology is already paying dividends for directors. Associate Group Company Secretary, Paul McKenna, said: “We spent nine months reviewing he various products on the marketplace. When the Boardbooks for iPad app launched in June 2011 it became clear that this was the best solution.” McKenna continued, “To be honest, not all directors were sure in advance – but our first electronic board meeting in September ran extremely smoothly and we haven’t issued a paper pack since. We now have over 90 participants across 36 Boards and Committees – and are still adding. Diligent Boardbooks on the iPad really is changing the way we communicate with our directors.”
“We see the rapid adoption of Diligent Boardbooks for the iPad app due to its strong security and intuitive interface,” said Simon Small, Managing Director Licensing, Europe.
According to a recent poll published by Edis-Bates Associates, an independent corporate governance consultancy, “Over three-quarters of directors now have a positive attitude towards distributing and using board papers in electronic format.” Jon Edis-Bates, who heads up the consultancy added, “Substituting tablet devices for hard-copy board papers at board meetings is a massive cultural change for UK Publicly Listed Companies.”