BNP Paribas’ Securities Services business, a leading global custodian with USD 17.5 trillion in assets under custody, today announces the implementation of Proxymity’s proxy voting solution for its local custody general meetings services in the UK, Australia and New Zealand, helping clients streamline the voting process and facilitate better governance.
Proxymity, the leading investor communications platform, connects the ecosystem of issuers, intermediaries, and investors through its digital solutions. By leveraging Proxymity’s Vote Connect Total solution, Securities Services at BNP Paribas delivers a re-designed, end-to-end general meetings service to clients in the UK, Australia and New Zealand. The updated offering enables more efficient investor communications, provides accurate and real-time information, and improves overall transparency and engagement.
Proxymity’s solution is also connected with BNP Paribas’ NeoLink client platform, granting clients seamless access to information throughout the general meeting lifecycle. All data exchanges between Proxymity and BNP Paribas are secured, automated and encrypted.
Clients are able to vote directly on the platform, via SWIFT in the latest ISO standard messages or via their proxy provider, with their votes going to the issuers immediately. Meanwhile, the dedicated BNP Paribas’ Securities Services teams handle clients’ enquiries, monitor activities and coordinate operational flows with Proxymity.
Dean Little, CEO and Co-Founder at Proxymity, stated: “We are delighted to expand our partnership with BNP Paribas’ Securities Services as they continue to enhance their general meeting services in the UK, Australia, and New Zealand. By combining Proxymity’s real-time proxy voting technology with BNP Paribas’ trusted custody expertise, we are helping investors and issuers benefit from greater transparency, efficiency, and engagement across the full meeting lifecycle.”
Bruno Campenon, Head of Financial Intermediaries and Corporates Client Line, Securities Services, BNP Paribas, commented: “Proxymity is transforming investor communications by connecting issuers and investors through a transparent and efficient digital ecosystem. We are excited to be part of this initiative, starting with the rollout of its proxy voting solution in the UK, Australia and New Zealand.
“Our investment and partnership with Proxymity, paired with our on-the-ground capabilities and collaboration with our clients and industry groups, testify to our commitment to bring clients the best service. We look forward to continuously improving client experience by leveraging innovative technologies with leading partners such as Proxymity.”