Investors Enrollment Platform Launched for Bucharest Stock Exchange
BVB and Depozitarul Central launch the online Investors Enrollment Platform
Bucharest Stock Exchange (BVB) and Depozitarul Central continue the digital transformation efforts by launching the Investors Enrollment Platform with the help of its partners, Aurachain and eVOTE. Through this platform, following an identification procedure for individuals, user accounts are created, enabling investors to participate online and vote electronically at the General Shareholders Meetings organized by the companies listed on BVB. This new digital solution was created by Aurachain, a low-code development platform that helps businesses to rapidly digitize their operational processes. As part of the project, eVOTE provides the first online and physical participation solution for the General Shareholders Meetings, introduced in Romania more than two years ago and currently used by over 20 companies listed on BVB.
How it actually works
In a first phase, the Investors Enrollment online platform is available from any Internet-connected desktop or laptop using the Google Chrome web browser through the following link https://www.roclear.ro/Inrolare-Investitori or directly from Depozitarul Central’s homepage at https://www.depozitarulcentral.ro. The user account is created through a facial identification process or using a digital signature for holders of certified digital certificates. The solution will enable listed company shareholders to benefit easier from the services of capital market institutions, using a user account and a single point of contact. By using their login credentials, investors can participate online and vote electronically at the General Shareholders Meetings conducted by companies listed on the Bucharest Stock Exchange that use the eVOTE Platform and where the investors own shares.
The partnership between BVB, Depozitarul Central, and eVOTE will improve the operational efficiency of publicly traded companies by lowering the administrative workload and costs associated with conducting the General Shareholders Meetings. At the same time, companies’ shareholders that use the eVOTE Platform will be able to vote much more rapidly, with a single click, and to participate in such meetings from anywhere as long as they are internet-connected.
Future use plans
The Investors Enrollment Platform can be used in the future for various purposes, such as facilitating some services for investors, including online access to additional services offered by Depozitarul Central — for example, obtaining account statements.
About Bucharest Stock Exchange (BVB)
Bucharest Stock Exchange runs markets for shares, bonds and other instruments, through regulated platforms and alternative systems, and provides a wide range of services to participants of financial markets. Bucharest Stock Exchange is a public company, listed on its own market since 2010.
The cumulative market capitalization of all companies listed on Bucharest Stock Exchange (local and international) exceeds EUR 42.2bn, and the cumulative value of bond issues listed on the BVB amounts to EUR 17.2bn.
Romania has become increasingly visible internationally and has been present, since June 20th, with 12 companies in the Russell FTSE index dedicated to emerging markets. The 12 companies are: Banca Transilvania, Nuclearelectrica, OMV Petrom, TeraPlast, One United Properties, MedLife, Transport Trade Services, Purcari Wineries, Conpet, IMPACT Developer & Contractor, Sphera Franchise Group, and Aquila.
For more information on Bucharest Stock Exchange, please refer to www.bvb.ro.
Depozitarul Central provides central maintenance of securities accounts services, clearing settlement services for financial instruments traded on different trading venues, cross-border settlement services through links established with other CSDs, securities borrowing and lending operations. It also provides notary services (initial recording of securities in book-entry system), standardized corporate event processing and other services for issuers and holders of financial instruments.
Depozitarul Central is a share holding company, member of the Bucharest Stock Exchange group and carries out its activity according to the provisions of CSDR (Regulation (EU) no. 909/2014.
For more information on Depozitarul Central, please refer to www.depozitarulcentral.ro.
eVOTE is a complete solution for carrying General Shareholders Meetings. It includes all the options to participate in the meeting by mail, online, or in person, and integrates all the votes into a single platform that is user-friendly for shareholders and companies and last but not least is secure data protection wise. Developed by Governance Partners, a company founded in 2018 by the union of capital markets and IT specialists, eVOTE is the first application that aims to modernize through technology the way investors interact with the major institutions of the capital market for a simpler and more efficient coordination.
For more information on the eVOTE platform, please refer to www.evote.ro
Originally published at https://aurachain.ch on August 8, 2022.
