Proxymity and State Street Expand Digital Proxy Voting to Germany [Yahoo! Finance]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Yahoo! Finance
investor communications platform, and State Street Corporation ("State Street") announce the successful migration to Proxymity's market-leading Vote Connect Total solution for the German market. This migration marks another significant step for the custodian bank's continued phased transition to Proxymity's platform. By leveraging Proxymity's Vote Connect Total, institutional investors with assets held in Germany will benefit from real-time transparency, enabling direct, up-to-market-deadline voting without artificial cut-offs to ensure maximum efficiency. The platform's seamless efficiency, as a fully digital-native solution, eliminates manual processes and enhances operational workflows. Furthermore, enhanced engagement through direct connectivity between issuers and investors leads to improved governance outcomes and increased participation. The increasing adoption of custodians in Germany, coupled with Proxymity's pre-existing capability to distribute Golden Record Meeting A
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