• About
  • Award Categories
  • Why Enter?
  • Nominees
  • Hall of Fame
  • Contact
  • What’s New?
  • FAQs
  • About Market Gravity
  • CEA Judges
  • Back to Nominees



    ProxymitySM is a digital platform connecting institutional investors directly with the listed companies they invest in allowing real-time voting at shareholder meetings. We take the complexity out of the current intermediary chain allowing direct interaction between companies and their shareholders.

    What customer problems did you set out to solve?

    Proxymity solves the inefficiencies in the current opaque, expensive and inefficient proxy voting process that is not flawless and wastes billions of dollars every year. Companies use an archaic system with a mix of manual spreadsheets and guesswork to try to track voting at their meetings.

    Investors get no proof that votes they cast even make it to meetings.

    Meeting information currently takes days to travel down the intermediary chain so the deadline is set artificially early. This reduces the decision time for shareholders further adding pressure on the process.

    What differentiates your proposition from other offerings in the market?

    Proxymity is the first end-to-end voting solution that brings companies and shareholders together to securely and directly participate in proxy voting.

    Unlike other solutions, we focus on solving the problems that arise due to shareholders being required to hold shares through complex chains of intermediaries.

    Whilst it can work, this chain actually prevents direct engagement of companies with their shareholders, as they have no way of securely and consistently identifying them. This leads to delays, distortion and errors in communication.

    Proxymity decodes the records of the intermediaries to identify the true shareholders and allows real time and transmission of the meeting information from issuer to investor and back.

    How have you proven that your concept has potential for impact?

    During the 2017 pilot and 2018 UK rollout, we improved the decision time for shareholders by delivering the meeting information 4 days sooner than at present. We have eliminated intermediary deadlines from the process, giving shareholders up to 5 extra days to vote.

    By designing out complexity, issuers receive voting transparency and see the votes as soon as they are cast. In Proxymity, issuers see the votes as early as 13 days prior to the meeting compared to just 26 hours. We can provide the issuer with the source of the votes and the investor with true post meeting vote confirmation.

    Where do you see this proposition in 12 months’ time?

    Proxymity plans to have a full UK wide solution 2019 covering at least 98% of the listed companies in the UK. In addition to completing the UK coverage, Proxymity will be making the platform available to more clients globally by expanding into multiple additional markets through 2019.

    Find out more about Proxymity.