麻豆传媒

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
≔ Menu
麻豆传媒
Leading the Way

Global 麻豆传媒 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Clearstream and Proxymity launch digital general meeting service
Industry news

Clearstream and Proxymity launch digital general meeting service


30 May 2023 Luxembourg
Reporter: Carmella Haswell

Generic business image for news article
Image: ipopba/stock.adobe.com
Digital investor communication platform Proxymity has expanded its partnership with Clearstream to launch a digital general meeting announcement solution in Germany and Luxembourg.

The service is expected to go live by the end of the year and will use Proxymity鈥檚 Vote Connect, the digital proxy service powered by Proxymity鈥檚 investor communications platform, to deliver to markets.

Communication between issuers and investors has historically been managed through a range of different mechanisms and information sources. This has resulted in delays and a fragmented process for intermediaries and investors, according to the firms.

The central platform aims to automate issuer investor communication to resolve these issues and facilitate improved proxy voting and corporate event communications for all parties involved.

It is designed to enable issuers and their issuer agents to improve corporate event communications between intermediaries and investors by publishing 鈥済olden record鈥 general meeting announcements directly to the issuer central securities depository (CSD), and onward to intermediaries and investors.

CEO of Clearstream 麻豆传媒 Services Sam Riley says: 鈥淎t Clearstream, we are constantly striving for new and innovative services for our clients, making it easier for them to conduct their business smoothly and efficiently around the world.

鈥淚n expanding our partnership with Proxymity, we are delivering on this ambition once again, using digital technologies that are leading the way in compliance and best practice.鈥

CEO of Proxymity Dean Little adds: 鈥淲e are thrilled to continue our partnership with Clearstream, further expanding our digital investor communication platform into the German and Luxembourg markets.

鈥淭his collaboration will revolutionise the way issuers communicate their corporate events, ensuring compliance and enhancing efficiency in the proxy voting process. We look forward to making a positive impact on these strategically important markets and continuing to drive innovation in issuer to investor communication.鈥
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Proxy

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →