Tricor Group Selects Praxonomy as Strategic Board Portal Partner

Tricor Group to offer a board portal solution powered by Praxonomy to its 50,000+ clients around the world

Tricor Group (Tricor), Asia's leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services, has partnered with Praxonomy, a cloud-based board management software provider, to expand its solution portfolio with Praxonomy's secure digital board portal.

In today's fast-paced business environment, organisations are faced with increasingly stringent regulations and cyber threats. To ensure high standards of corporate governance and to stay compliant, company boards and leadership teams need to evolve how they work and collaborate with peers. There is a growing trend in organisations adopting digital board portals to enhance their corporate governance practices. Board portals are centralised, secure platforms specifically designed to enhance the effectiveness of meetings, collaboration and decision-making for boards, committees and senior leadership teams.

Praxonomy's next-generation board portal helps simplify the administration of board and committee meetings, enable secure collaboration and instant access to up-to-date board materials for board directors and streamline permission controls and sharing of highly sensitive documents. The Praxonomy platform is developed with institutional-grade security and privacy, while its interface and features are designed with simplicity and ease of use in mind.

“As the leading business expansion specialist, Tricor is focused on making strides in corporate governance enhancement and digitalizing our clients’ enterprises,” said Joe Wan, Chief Executive Officer at Tricor Services Limited. “We are thus excited to be partnering with Praxonomy as we firmly believe this partnership will extend beyond just revolutionizing our boardroom meetings, but also becoming the joint effort of transitioning Hong Kong into a tech driven and paperless economy.”

"With regulatory environments rapidly changing and data breaches becoming a common occurrence, enterprises are recognising the necessity of board portals and the advantages they bring, such as ensuring governance compliance, increasing board efficiency and stronger data security," said Jay Shaw, Founder and Chairman at Praxonomy. "We are proud to be selected by Tricor as their strategic board portal partner and look forward to helping their clients around the world leverage the Praxonomy platform to modernise their boardrooms."

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