Digital investor communications platform Proxymity has designed the Proxymity Vote Connect Global (VCG) to provide financial intermediaries with global coverage of AGMs and the ability to send voting instructions to anywhere in the world. Through VCG, entities will have access to real-time voting position data, with the solution’s vote recycling technology reducing global vote rejections by 50%, by utilising a process of systematic reconciliation and recalculation of votes. The firm said VCG will provide institutional investors with real-time, intuitive, and secure access, while granting intermediaries “unique visibility”, data transparency and reporting to oversee clients’ proxy voting activities. Jonathan Smalley, Proxymity’s COO and Co-founder, said: “Today’s announcement is another significant step in our mission to increase the transparency, efficiency and accuracy of proxy voting across the entire global financial ecosystem. By combining the power of Proxymity’s digital investor communications platform with these new and innovative global voting capabilities, Vote Connect Global will hasten the arrival of true shareholder democracy across the globe.”
