Future Interaction of Shareholders and Companies in the Digital Age
Today, the shareholder voting value chain is a long and complex process. This is true not only in Switzerland but also in all other markets. Due to the current market structure, shareholder voting is still a highly manual process, and only a few aspects are automized today. In addition, the different country jurisdictions enforce multiple legal frameworks of how to process and disclose relevant data (mostly tax-driven topics). Laws and obligations affecting the entire value chain, especially the protection of the investor, are therefore different according to the respective location of the company, investor, or intermediaries of the value chain.
What if an all-inclusive infrastructure could support all market participants in real time? This would not only enhance speed as notification, voting, and the result can be processed almost simultaneously but also ensure equal access to market data. Moving away from the current chain of action steps to a future Star- / Hub- / Grid-processing, all stakeholders could have the same information on voting, instructions, and results corresponding to their respective roles.
Create a solution that takes the relationship and interactions between shareholders and companies to the next level. Use state-of-the-art technology for unique features and experiences, and also think of new ways to exchange information. The solution needs to fulfil the highest information security requirements. Aim at simplifying the processes and enhancing the experience of the shareholders. On the flip side, also consider the needs of companies, as such a solution can only become successful if both parties benefit from using it. For this challenge, you will be guided by proxy voting specialists of SIX.