Who Uses Nasdaq Boardvantage?

Many assume Nasdaq Boardvantage®, Nasdaq’s board management solution, is only for companies listed on the Nasdaq stock exchange. That’s not the case. While Nasdaq Boardvantage is commonly used by public companies, it is also used by private enterprises and organizations operating in regulated environments that seek secure, modern board governance tools.

What Is Nasdaq Boardvantage?

Nasdaq Boardvantage is a cloud-based board portal designed to support secure board and committee workflows. It brings together meeting management, document distribution, digital approvals, governance-related workflows, and communication in one centralized solution.

Nasdaq Boardvantage is available as a standalone solution, giving organizations the flexibility to adopt it independently of other Nasdaq products. It can also be paired with complementary Nasdaq Governance Solutions, including Board Evaluations & Assessments, CEO & Management Evaluations, Compliance Questionnaires, and Directors' & Officers' Questionnaires, for organizations that want a more integrated governance program. Organizations are not required to purchase the full suite; additional solutions can be added over time as governance needs evolve.

The platform integrates with productivity tools such as Microsoft 365, Google Drive, DocuSign, Zoom, and PowerBI. Nasdaq Boardvantage also offers AI-powered capabilities designed to assist with summarizing board materials and supporting meeting preparation.

For example, Nasdaq Boardvantage offers an AI-powered minutes tool designed to assist with drafting meeting minutes by summarizing agendas, materials, and notes into an initial draft. Draft outputs are intended to support, not replace, human review and customization. Organizations remain responsible for reviewing, finalizing, and approving all meeting records in accordance with their governance and legal requirements.

Who Uses Nasdaq Boardvantage

Nasdaq Boardvantage supports several core audiences involved in board and governance operations, including:

• Corporate Secretaries, who use it to organize meetings, distribute materials, and manage access to sensitive documents
• Board Members, who rely on it to access agendas, review materials, annotate documents, and complete assigned tasks in a secure environment
• General Counsel and Legal Teams, who use it to support risk management, confidentiality, and governance-related workflows

These users span public and private companies across industries, particularly those with complex governance needs or high‑sensitivity information, including organizations operating in regulated sectors such as finance and healthcare.

Read More: What Are Typical Board Member Roles and Responsibilities?

Why It’s Not Just for Nasdaq‑Listed Companies

While Nasdaq Boardvantage is commonly adopted by public companies due to features such as D&O questionnaires, many private companies also benefit from its governance capabilities. Private healthcare networks, financial institutions, insurance companies, government agencies, educational institutions, and other organizations use the platform to manage approvals, centralize board materials, and apply structured access controls.

Governance practices and regulatory obligations vary by organization and jurisdiction. Nasdaq Boardvantage is designed to support a wide range of governance models, regardless of whether an organization is publicly listed.

Why Organizations Choose Nasdaq Boardvantage

Organizations select Nasdaq Boardvantage for a combination of technology, security, and governance experience:

• Product Innovation – An early innovator in applying AI to board materials and governance workflows
• Security – Developed by Nasdaq using enterprise‑grade security and technology standards
• Customer Support – Backed by experienced support teams that assist with onboarding and ongoing use
• Flexible Purchasing – Nasdaq Boardvantage can be purchased as a standalone board management platform or as part of a broader set of Nasdaq Governance Solutions. There is no requirement to adopt the full suite upfront.

Governance Expertise and Community Resources

Customers also have access to governance education and peer insights through the Nasdaq Center for Board Excellence, a community focused on strengthening corporate governance and leadership effectiveness.

Languages and Regions Supported by Nasdaq Boardvantage

Nasdaq Boardvantage supports 9 languages and provides local client support through regional teams across 14 countries spanning North America, Europe, the Middle East, Africa, and Asia-Pacific.

Supported Languages

Nasdaq Boardvantage is available in the following languages, allowing boards and governance teams to operate in their preferred language across global subsidiaries and multi-jurisdiction organizations.

Regional Client Support Locations

In addition to in-platform language support, Nasdaq Boardvantage provides local client support through dedicated regional teams in the following locations.

Organizations in these regions can access support from teams familiar with local governance requirements, regulatory environments, and business practices — reducing the overhead typically associated with implementing enterprise governance software across borders.

Data Hosting with Azure

Nasdaq Boardvantage service Application Infrastructure is hosted on servers housed in Azure cloud data centers located in the United States, Europe, Australia, United Arab Emirates, and Canada. Read more on Azure’s physical security program.

Common Nasdaq Boardvantage Use Cases

Nasdaq Boardvantage helps organizations transition away from manual, fragmented processes by supporting secure digital workflows, including:

• Reducing reliance on email or paper-based board packet distribution
• Supporting secure document review and approval processes
• Managing compliance questionnaires and board or committee evaluations
• Streamlining director onboarding and access management

Read More: Corporate Governance Benefits: Why Strong Governance Matters for Modern Organizations

Who Makes the Decision?

Evaluation and purchasing decisions often begin with a corporate secretary or general counsel, who reviews available solutions and initiates a demonstration. Board members may also provide input before a final decision is made. These internal stakeholders are typically responsible for introducing the platform and supporting adoption across the board.

Competitive Edge

Nasdaq Boardvantage combines security features technology, seamless integrations, AI-powered workflows, and deep experience in board governance. Developed by Nasdaq, it is designed for organizations seeking structured, secure governance workflows that can scale as governance demands become more complex.

Nasdaq Boardvantage is used by many security‑conscious organizations not because they are Nasdaq‑listed, but because they prioritize tools designed to support efficient, informed, and secure board operations.

If your organization values secure collaboration and smarter governance workflows, Nasdaq Boardvantage is ready to help — no listing required.

Who Uses Nasdaq Boardvantage FAQs

Is Nasdaq Boardvantage only for Nasdaq-listed companies?

No. Nasdaq Boardvantage can be used by public companies, private enterprises, and organizations in regulated or security-conscious industries, regardless of whether they are listed on Nasdaq.

Who typically uses Nasdaq Boardvantage?

Common users include corporate secretaries, board members, general counsel, legal teams, and governance professionals who manage board materials, meetings, approvals, and sensitive communications.

What does Nasdaq Boardvantage help organizations do?

The platform helps organizations centralize board and committee workflows, distribute documents securely, manage meetings, support approvals, and reduce reliance on email or paper-based board processes. It helps directors and executives prepare for meetings and make more informed decisions.

Can Nasdaq Boardvantage be purchased as a standalone solution?

Yes. Nasdaq Boardvantage can be adopted independently or paired with other Nasdaq Governance Solutions as an organization’s governance needs evolve.

Does Nasdaq Boardvantage include AI-powered capabilities?

Yes. Nasdaq Boardvantage includes AI-powered capabilities designed to help directors and governance teams work more efficiently and make better-informed decisions. Features include summarizing board materials, supporting meeting preparation, and drafting initial meeting minutes for review.

The Nasdaq Boardvantage AI Assistant further enhances board readiness by proactively surfacing key governance, risk, financial, and strategic insights from current and historical board materials, while enabling users to ask natural-language questions across agendas, minutes, resolutions, and supporting documents. By connecting information across meetings, committees, and time periods, the AI Assistant helps directors quickly identify what has changed, what requires attention, and where to focus their discussions.

What integrations does Nasdaq Boardvantage support?

Nasdaq Boardvantage integrated with Microsoft 365, Google Drive, DocuSign, and Zoom.

What languages does Nasdaq Boardvantage support?

Nasdaq Boardvantage supports 9 languages: English, German, Japanese, Portuguese, Spanish, Chinese Simplified, Arabic, French, and Italian.

Where does Nasdaq Boardvantage provide regional client support?

Nasdaq Boardvantage provides regional client support across 14 countries spanning North America, Europe, the Middle East, Africa, and Asia-Pacific.

Who is usually involved in evaluating or purchasing Nasdaq Boardvantage?

Evaluation and purchasing decisions often begin with a corporate secretary or general counsel, with board members sometimes providing input before a final decision is made.