Proxy voting for a connected world
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Global Custodian awarded Proxymity “Best innovation in Service 2018”
Managing Editor, Global Custodian
Real time efficiency
By directly connecting issuers and investors, meeting information is no longer passed from intermediary to intermediary. Instead, issuers can efficiently distribute meeting notifications and agendas to investors on the platform.
And as votes can be instantly recorded in real time right up until the market deadline, investors have more time for research so they can make better-informed decisions on their investments.
Less risk, more accuracy
In the current proxy voting process, data is often inputted manually and interpreted at multiple times across the chain. Not anymore…
With Proximity, only the issuer and investor can input data. This happens directly onto our digital platform, removing the risk of data being inputted incorrectly or misinterpreted. And thanks to our immediate updates, both parties can identify and correct any incorrect information before it’s too late.
Without the long, unnecessary chain of intermediaries, information can now be received in real-time on the Proxymity platform… and nothing is hidden.
Issuers will see who has voted and who instructed them. And investors receive a real-time receipt of vote, whilst being able to identify and correct any potential breaks in the chain that might put their instruction at risk.