Iberclear offers proxy voting services for Shareholders’ Meetings to the various actors, from the issuers of General Shareholders’ Meetings (AGMs) to participants that must manage votes both for their proprietary accounts and on behalf of their clients. This service is available for domestic securities for which Iberclear is the Issuer CSD.
Iberclear offers a digital solution that connects the issuer with participants, enabling automatic management of the voting instructions. This solution consists of a digital platform that facilitates the right to vote with a flexible approach integrating current voting management processes.
The system offers several advantages over current processes:
- Facilitating AGM management with a standard voting message format that participants can send to the issuer or its agent bank.
- Reduction of physical voting cards through this voting channel.
- A single point of contact for all AGMs leads to greater efficiency in this process.
- Easy platform implementation minimize technological adaptations by using a repository through which positions and votes are sent electronically.