In March, Citi’s Proxymity won Global Custodian’s Innovation in Securities Services technology award for its potential to disrupt manual proxy voting processes.
Tag: proxy voting
In collaboration with JP Morgan and Northern trust as the custodian banks, the pilot was conducted in March at Santander’s AGM.
Broadridge has already completed pilot testing for a blockchian technology solution for the proxy voting and repo market.
Strate CSD will use Nasdaq's blockchain technology to provide electronic proxy voting services for asset managers, issuers and custodians.
The platform uses a core algorithm to eliminate cut-off dates, ensuring investors have the maximum time to reach the AGM and cast their votes.
Proxy voting and corporate actions was highlighted as a perfect starting point for securities services firms to implement DLT platforms.