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

The platform integrates with productivity tools such as Microsoft 365, Google Drive, DocuSign, and Zoom. 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 It?

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, 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

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.

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, 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.