ADP ICS adds European proxy research consortium to vote execution platforms
19 November 2003 | 3504 views | 0
ADP Investor Communication Services (ADP ICS) has added The European Corporate Governance Service (ECGS) as a proxy research provider on its vote execution platforms, ProxyEdge Lite (PE Lite) and ProxyEdge.
ECGS offers proxy analyses for the Eurotop 300 from independent research providers in the UK, France, Germany, Spain, Italy, Switzerland, the Netherlands and Sweden.
The ECGS research members include the UK's Pensions & Investment Research Consultants (PIRC) - which provides coverage for the FTSE All Share Index of over 1000 UK-listed companies - Proxinvest sarl of France, the Deutsche Schutzvereinigung fur Wertpapierbesitz (DSW), Corporate Governance Spain, Italy's Studi e Investimenti Mobiliari, Centre Info sa of Switzerland, DSR of the Netherlands and Sweden's GES Investor Services.
Bob Schifellite, senior vice president and general manager, ADP ICS, says: "With the inclusion of the ECGS and its members, ADP clients can now access locally produced proxy research in all major capital markets, and in many cases multiple providers in these markets."
ADP ICS' PE Lite is a Web-based proxy vote execution platform, while ProxyEdge is a proprietary ADP voting system. Both platforms enable users to aggregate all of their proxy voting activity in one place.