JP Morgan has gone live with Proxymity’s Vote Connect in Denmark, following its successful use in Belgium, France, Australia and New Zealand.
The bank has invested in Proxymity since 2020, and is part of the consortium that owns the company.
Vote Connect, a digital proxy service, increases communication and transparency between issuers and investors. It complies with all recent regulation including the Shareholder Rights Directive II, and is able to be scaled as needed.
The bank’s securities services clients will benefit from improvements in meeting deadlines and will have overall better voting experiences, Proxymity says. ‘Golden source’ meeting announcements and agendas can be sent directly to investors, who are then able to cast votes in real-time and receive a digital receipt.
Dean Little, co-founder and CEO of Proxymity, says: “We are proud to grow and deepen our working relationship with JP Morgan, enabling them to extend Proxymity’s solutions to their blue-chip clients across the world. This was made possible by the agility and dedication of the JP Morgan and Proxymity teams and is a great example for our industry of what can be achieved.”
