Proxymity Limited becomes the newest associate member of the ACSA (Australian Custodial Services Association) this week. The ACSA Executive board are delighted to welcome Proxymity who have made an impressive impact in the Australian market in a short space of time. The company connects the world’s ecosystem of issuers, intermediaries, and investors digitally in real time, bringing unprecedented transparency, efficiency, and accuracy to the traditional process which relies heavily on fax and inefficient communications methods.

At its heart, Proxymity’s mission is to improve investor communications, not least by reducing the environmental footprint of the industry, and by enabling the democratic voice of the myriad of investors residing in Australia and the wider APAC region.

Launched in April 2020, the company opened its APAC hub in October 2021, based in Melbourne Australia to service the growing demand from the region, especially in Australia and New Zealand. Proxymity customers in the region include ACSA members Computershare, J.P. Morgan, and Citi. In May 2022 Proxymity was awarded “Fintech of the Year” by Global Custodian Magazine.

In addition to becoming an associate member, Proxymity nominated Leighton Brown, (Head of Operations and Client Service, APAC Region), to be its ACSA representative.

ACSA Chair, Sally Surgeon commented, “We are pleased to welcome Proxymity as an associate member and look forward to working with Leighton and the team in creating greater focus on key industry issues regarding digital proxy voting and shareholder disclosure.”

Proxymity is backed by a global consortium of the industry’s most influential financial institutions, representing seven of the world’s top ten Global Custodians managing over $200 trillion in assets under custody (BNP Paribas, BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, HSBC, J.P. Morgan, Mediant, State Street).

Find out more about Proxymity here.