Following the successful implementation of the Proxymity¹ platform across Europe, which supports enhanced shareholder engagement and ensures compliance with Shareholder Rights Directive II (SRD II), Deutsche Bank has continued to expand its digital proxy voting capabilities globally.

Building on a strong foundation in Europe and Singapore, Deutsche Bank is now rolling out the Proxymity solution to the US and Thailand, reinforcing its commitment to innovation, transparency, and improved investor communication.

Designed to streamline and modernise proxy voting in its countries of adoption, the platform (states the Proxymity website):

• Bridges the gap between issuers, intermediaries and investors
• Provides real-time transparency, accuracy and efficiency through direct connectivity across the custody chain
• Enables voting up until the market deadline

Figure 1: How Proxymity Vote Connect works

Source: Proxymity

In the US, the Proxymity Vote Connect Total¹ platform makes it possible for Deutsche Bank clients holding shares in US companies to vote at general meetings with enhanced speed and accuracy. The proxy voting platform replaces manual processes, ensuring clients benefit from real-time transparency and improved governance with direct connectivity that promotes higher participation rates.

Following on from the US, the successful rollout of Proxymity Vote Connect Access in Thailand marks Deutsche Bank as the first adopter of Proxymity’s digital proxy voting solution in the country – a significant investor communications milestone.

“We look forward to continuing to drive innovation in partnership with Proxymity”
Paul Maley, Global Head of Trust and Securities Services, Deutsche Bank

Paul Maley, Global Head of Trust and Securities Services, Deutsche Bank said the partnership is a “significant milestone in the bank’s ongoing commitment to delivering innovative, technology-driven services that enhance transparency, accuracy, and end-to-end efficiency across investor communications”. He continued, “Deutsche Bank is proud to be at the forefront of this transformation and we look forward to continuing to drive innovation in partnership with Proxymity.”

Dean Little, CEO of Proxymity, reflected, “We are extremely proud of our ongoing partnership with Deutsche Bank, a forward-thinking institution that has been instrumental in supporting our mission to transform the investor communication landscape. Their continued expansion of Proxymity Vote Connect products showcases the power of collaboration in driving meaningful change and advancing the industry. Together, we remain dedicated to providing our customers with best-in-class solutions, enabling them to navigate the complexities of shareholder engagement with ease and confidence.”

For more information about Proxymity visit www.proxymity.io

Sources

¹ See Proximity at proximity.io
² See Digital proxy voting solutions for the North American market at proximity.io