Deutsche Bank becomes the second major custodian to go live on the platform, after Citi announced in April that it would connect to Proxymity for 10 markets.
Tag: proxy voting
Custodians adopt Proxymity’s real-time proxy voting following post-Brexit shift for Irish securities
The FinTech firm stated many of the major registrars and custodians have adopted the Proxymity platform, representing 96% of Irish equity issuers.
The new ‘Investor Stewardship Service’ will allow companies from across the world to receive proxy votes from the AMX DWS pooled funds.
The fully automated, end-to-end solution will bring together Broadridge’s Global Proxy solution and SLIB's Votaccess electronic voting platform.
Proxymity is bringing to market a new digital shareholder disclosure solution ahead of Europe's incoming SRD II regulation.
ISS has gone live with its Global Proxy Distribution (GPD) Shareholder Identification Service, designed to assist custodians and intermediaries in meeting SRD II.
The decision from the European Commission means the rules will come into force from 3 September 2020.
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.
Proxymity is now backed by a consortium of global custodians, custody banks and issuer agents including BNY Mellon, Clearstream, Deutsche Bank, HSBC, JP Morgan, and State Street.