Clearstream partners with Proxymity
22 January 2025 US
Image: Papisut/stock.adobe.com
Clearstream has partnered with Proxymity to enhance its US network link.
This will be done via Proxymity Vote Connect Total US (VCT US) which enables institutional and retail investors to vote at US general meetings. Through the partnership, Clearstream says that clients will be able to vote at US general meetings through their Clearstream accounts, which will then be processed by VCT US.
The company maintains that this will bring better accuracy, efficiency, and oversight to the voting process, as well as driving Clearstream’s market presence globally.
Jon Smalley, chief operating officer and co-founder of Proxymity, comments: “We are delighted to support Clearstream in ensuring that their investor clients have access to vote their shares in the US via VCT US. Ensuring comprehensive global coverage for our customers and their clients including the US market is central to our mission of connecting issuers.”
Dirk Loscher, head of custody and investor solutions at Clearstream and CEO of Clearstream Banking, adds: “Institutional and retail investors are increasingly taking active roles in their investment decisions within capital markets. Clearstream is pleased to facilitate that participation together with Proxymity.”
VCT US will be made available to Clearstream clients as of February.
This will be done via Proxymity Vote Connect Total US (VCT US) which enables institutional and retail investors to vote at US general meetings. Through the partnership, Clearstream says that clients will be able to vote at US general meetings through their Clearstream accounts, which will then be processed by VCT US.
The company maintains that this will bring better accuracy, efficiency, and oversight to the voting process, as well as driving Clearstream’s market presence globally.
Jon Smalley, chief operating officer and co-founder of Proxymity, comments: “We are delighted to support Clearstream in ensuring that their investor clients have access to vote their shares in the US via VCT US. Ensuring comprehensive global coverage for our customers and their clients including the US market is central to our mission of connecting issuers.”
Dirk Loscher, head of custody and investor solutions at Clearstream and CEO of Clearstream Banking, adds: “Institutional and retail investors are increasingly taking active roles in their investment decisions within capital markets. Clearstream is pleased to facilitate that participation together with Proxymity.”
VCT US will be made available to Clearstream clients as of February.
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