Clearstream, the post-trade services provider of Deutsche Börse, has signed a deal with Institutional Shareholder Services (ISS), a provider of end-to-end corporate governance solutions. Clearstream will use the ISS infrastructure to improve its proxy voting service for all eligible instruments and Clearstream proxy voting markets. The service will be enhanced for both Clearstream businesses as international central securities depository and as central securities depository for Germany. The new service, which will be in place in February 2012, will include features, such as proactive meeting monitoring on a 24/7 basis and coverage of all Clearstream eligible assets.
Click here for the release from Clearstream.