HSBC Introduces Proxymity Vote Connect in Australia

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Proxymity Delivers Innovative Investor Relations Services for HSBC in Australian Market

Proxymity, a leading digital investor communication platform, has made a significant stride in its partnership with HSBC by launching the Proxymity Vote Connect Total product in the Australian market. This innovative proxy voting solution is set to revolutionize investor relations services for HSBC clients in Australia, with plans for deployment in other markets in the Asia Pacific and Europe regions in the near future.

Vote Connect Total offers a range of benefits for HSBC Australia clients, including “golden source” meeting announcements, near real-time ballots, improved market deadlines, and instant delivery of votes for shareholder meetings such as Annual General Meetings (AGM) and Extraordinary General Meetings (EGM). This seamless integration allows investors more time to engage with issuers without manual intervention, while also providing real-time digital vote confirmations for immediate verification.

Dean Little, Co-Founder and CEO of Proxymity, expressed his excitement about expanding the collaboration with HSBC and the positive impact it will have on shareholder democracy. The deployment of Vote Connect Total aligns with Proxymity’s mission to enhance transparency, accuracy, and speed in investor communications while ensuring compliance with current regulations.

Fiona Horsewill, Global Head of Securities Services at HSBC, emphasized the bank’s commitment to improving efficiency and integrity in investor communications. By deploying Proxymity’s product, HSBC aims to enhance the overall investor experience for its clients and streamline shareholder responses with full oversight and reporting.

In addition to the Vote Connect Total launch in Australia, HSBC is already live with Shareholder Disclosure in the United Kingdom, another solution on Proxymity’s platform. The bank plans to extend this integration to more markets, further automating shareholder responses and enhancing the overall investor experience.

HSBC Ventures, a strategic investor in Proxymity, recognizes the strategic benefits of investing in emerging technology companies like Proxymity that offer innovative solutions for financial services. This collaboration underscores HSBC’s commitment to staying at the forefront of digital transformation in the financial industry.

Overall, the deployment of Proxymity’s Vote Connect Total product marks a significant milestone in the partnership between Proxymity and HSBC, paving the way for enhanced investor relations services in the Australian market and beyond. Investors can expect a more seamless and efficient voting process, with improved transparency and compliance with regulatory requirements.

For more information on Proxymity and its digital investor communication platform, visit www.proxymity.io.