M1 Selects FIS to Modernize Proxy Voting Process

M1 has selected FIS to transform its proxy voting process.
FIS Proxy Voting by Proxymity ensures real-time, secure and transparent communication between issuers, intermediaries, and investors.
Solution is part of the FIS Asset Servicing Management Suite.
JACKSONVILLE, Fla., 29 April 2026 – Global financial technology leader FIS® has today announced that M1 have selected FIS Proxy Voting by Proxymity, part of the new FIS Asset Servicing Management Suite, to help modernize their proxy voting process offering by providing real-time, secure and transparent communications between issuers, intermediaries, and investors, while meeting regulatory requirements.
Despite advances in financial technology, many organizations still rely on outdated, archaic systems for proxy voting – the process by which shareholders participate in corporate governance matters. These batch type solutions create delays, errors, and limited transparency often resulting in over-voting or under-voting, while investors lack real-time confirmation that their votes were properly submitted.
M1 will deploy FIS Proxy Voting by Proxymity, a cloud-based solution that streamlines the entire voting process. The solution, delivered in collaboration with Proxymity, a leading digital investor communications platform that modernizes how issuers, intermediaries, and investors connect and communicate, delivers end-to-end digitization of the voting lifecycle, replacing legacy processes with a faster, more transparent approach. It provides prompt access to notification and responses associated with their holdings whilst meeting regulatory requirements, and offers a unified and bespoke experience for M1’s customers.
Matt Stauffer, Head of Trading and Asset Services at FIS said: “Asset servicing is a critical part of the money lifecycle, yet proxy voting has been stuck in the past with legacy processes, so we’re changing that. Investors demand real-time transparency and issuers need accurate vote counts. Our solution delivers both, which is not only essential for modern and effective corporate governance but also provides customers with a unique choice in a limited market of providers.”
Jake Burger, Principal Finance Officer at M1 said: “We are excited to utilize FIS Proxy Voting by Proxymity to unlock increased operational efficiencies in the proxy voting solution. By providing our clients with a modern, user friendly online voting portal is essential in ensuring their access to perform active corporate governance. This technology streamlines the voting experience our clients expect.”
Jonathan Smalley, COO & Co-Founder at Proxymity said: “The proxy voting landscape, especially across North America, is evolving at pace, and this partnership puts Proxymity’s real-time digital capabilities at the heart of the FIS Asset Servicing Management Suite — extending our reach to even more clients across the region.”
FIS Proxy Voting by Proxymity is part of the FIS Asset Servicing Management Suite. The suite represents a fundamental shift in how financial institutions approach asset servicing operations. This single, integrated platform provides transparency and control across the entire asset servicing lifecycle. For more information about FIS’ Asset Servicing Management Suite, visit https://www.fisglobal.com/products/asset-servicing-management-suite.
This story was originally published by FIS.