M1, a wealth management platform, has selected FIS Proxy Voting by Proxymity to modernise its proxy voting infrastructure. The cloud-based solution will replace legacy batch systems with real-time, transparent communication between issuers, intermediaries and investors. Part of FIS's Asset Servicing Management Suite, the platform digitises the entire voting lifecycle, addressing common issues like delays, errors and over-voting that plague traditional proxy voting systems. The solution provides real-time confirmation of vote submissions whilst helping M1 meet regulatory requirements. The deployment reflects broader industry movement away from outdated proxy voting processes. FIS developed the solution in collaboration with Proxymity, a digital investor communications platform backed by major financial institutions including BNP Paribas, Citi, Deutsche Bank and J.P. Morgan.

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