Case Study: IntellectEU streamlines proxy voting and regulatory reporting with Digital Asset’s DLT solution

IntellectEU streamlines proxy voting with Digital Asset, cutting over- and under-voting risk

IntellectEU partnered with Digital Asset to address challenges in corporate governance and proxy voting workflows, which were plagued by inefficiencies due to complex intermediary chains and a message-based approach. These inefficiencies, driven by the need to comply with the Shareholder Rights Directive II (SRD II), included information distortion, conservative voting deadlines, and a lack of transparency for shareholders.

Using Digital Asset's Daml, IntellectEU implemented a distributed ledger solution that created a single golden record for governance events. This provided direct communication between issuers and shareholders, standardized and improved voting deadlines, and ensured transparent vote counting. The solution delivered by Digital Asset significantly reduced operational risk, eliminated information distortion, and empowered shareholders with immediate access to confirm their votes were counted.

IntellectEU