Proxymity and State Street expand digital proxy voting to Germany
26 March 2025 Germany
Image: stock.adobe.com/moofushi
Proxymity and State Street have successfully migrated Proxymity’s Vote Connect Total solution for the German market.
Through the solution, institutional investors with assets held in Germany will gain real-time transparency. This will enable direct, up-to-market-deadline voting without artificial cut-offs, the firm says.
The platform seeks to remove manual processes and enhance operational workflows.
Proxymity adds that the increasing adoption of custodians in Germany suggests an increasing demand for real-time, transparent, and efficient investor communications.
Dean Little, CEO and co-founder at Proxymity, says: “Germany is a key market, and we are proud to support State Street in delivering seamless, real-time investor communications that set new standards for transparency and efficiency in proxy voting.
“As we look to continue to expand globally, the successful transition further strengthens our position at the forefront of transforming investor communications as the trusted partner for market participants seeking to modernise their operations and meet the evolving needs of the industry.”
Chris Rowland, head of custody, digital and fund services at State Street, adds: “As we continue to enhance our proxy voting infrastructure, this partnership exemplifies our commitment to providing our clients with best-in-class, technology-driven solutions that improve governance and operational effectiveness.”
Through the solution, institutional investors with assets held in Germany will gain real-time transparency. This will enable direct, up-to-market-deadline voting without artificial cut-offs, the firm says.
The platform seeks to remove manual processes and enhance operational workflows.
Proxymity adds that the increasing adoption of custodians in Germany suggests an increasing demand for real-time, transparent, and efficient investor communications.
Dean Little, CEO and co-founder at Proxymity, says: “Germany is a key market, and we are proud to support State Street in delivering seamless, real-time investor communications that set new standards for transparency and efficiency in proxy voting.
“As we look to continue to expand globally, the successful transition further strengthens our position at the forefront of transforming investor communications as the trusted partner for market participants seeking to modernise their operations and meet the evolving needs of the industry.”
Chris Rowland, head of custody, digital and fund services at State Street, adds: “As we continue to enhance our proxy voting infrastructure, this partnership exemplifies our commitment to providing our clients with best-in-class, technology-driven solutions that improve governance and operational effectiveness.”
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