Profile vote: New digital voting platform launched successfully with real-life testing

2 February 2021

Profile Software, an international financial solutions provider, announced today the successful launch of "Profile Vote". The new digital channel for shareholders to securely submit their votes in General Meetings, utilising digitalised, secure and trusted technologies for members to register and users to view the results on one screen, real-time, fully accommodating the new directive and market requirements as developed in the post-Covid-19 era.

Profile Vote is a pioneering voting system that comprehensively supports voting across various disciplines. In a forward-looking interface the user experiences unique flexibility and freedom to select, monitor and view shareholders, proxy representatives, members, and votes on one screen, while choosing the options that best meet the business objectives with ease. The voting is performed through an online portal offering instant voting results whilst users can take advantage of the enhanced automations which enable proxy voting or "bulk" voting.

The platform was recently utilised in an extremely demanding General Meeting of a large listed firm providing them with reliability and security offering accurate and fast results, thus receiving positive feedback from the participants due to the speed and dynamic adjustments. According to the firm, Profile Vote was evaluated amongst competitive systems as the most preferred because of its capabilities to support their complex requirements, instantly and effectively.

The system is fully accommodating the new regulatory requirements of the SRD II (Shareholders Rights Directive) for greater transparency, between firms and shareholders with the option of remote participation in all corporate events. This provision along with the changing business relationship patterns due to Covid-19 create the need for using such a platform at its full capacity.
Profile Vote offers a disruptive market approach by using cloud cutting-edge technologies incorporating the expertise and experience of a multi-skilled engineering team, that of Profile Registry, which is a widely deployed shareholders management platform, in the market, offering unique and wide functionality to the IR departments.

Setting as a priority the reliable and secure performance of remote and online voting, Profile Vote is the ideal tool for General Meetings and all voting needs, from a proven provider, when numbers are large and members are disperse.

Last but not least, it is important to mention that the new system has been designed to address the requirements of both listed and non-listed firms thus comprehensively addressing the whole range of online voting requirements of firms and participants, delivering fast and accurate results at all times.

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