visimoney
TLDR:
- Proxymity and HSBC have rolled out the Proxymity Vote Connect Total product in Australia, enhancing proxy voting for HSBC Australia clients.
- The solution provides real-time communication, digital proxy voting, and transparent, accurate, and compliant shareholder democracy.
In a significant milestone, Proxymity and HSBC have launched the Proxymity Vote Connect Total product in Australia. This innovative proxy voting solution aims to provide a seamless and efficient experience for HSBC Australia clients when participating in shareholder meetings such as Annual General Meetings (AGM) and Extraordinary General Meetings (EGM).
The Vote Connect Total product offers features such as “golden source” meeting announcements, near real-time ballots, improved market deadlines, and instant delivery of votes, all of which contribute to enhancing transparency, accuracy, and speed in shareholder democracy. This solution also eliminates the need for manual intervention and provides immediate and verifiable proof of casting votes at meetings.
Dean Little, Co-Founder and CEO of Proxymity, expressed excitement over the expanded collaboration with HSBC and the opportunities it presents for digital, real-time communication in the ecosystem. Similarly, Fiona Horsewill, Global Head of Securities Services at HSBC, emphasized the bank’s commitment to improving efficiency and integrity in investor communications through products like Proxymity’s Vote Connect Total.
Aside from the deployment of Vote Connect in Australia, HSBC is already live with Shareholder Disclosure in the United Kingdom, another offering on Proxymity’s platform. This integration allows HSBC to automate shareholder responses with full oversight and reporting, exemplifying the commitment to enhancing the overall investor experience for clients.
This collaboration signifies the advancements in digital investor communication and proxy voting, ultimately fostering a more transparent, efficient, and compliant shareholder democracy. With more markets in Asia Pacific and Europe expected to roll out the Vote Connect Total product, the partnership between Proxymity and HSBC continues to drive innovation and improvement in the financial services sector.
