Wemade integrates Fireblocks, the industry-leading digital assets technology provider


Leading global blockchain developer Wemade today announced the integration of Fireblocks, the industry-leading digital assets custody, transfer, and settlement technology provider, into its WEMIX3.0 mainnet.

Founded in 2018, Fireblocks is an easy-to-use platform to create new blockchain-based products and manage day-to-day digital asset operations.

The company helps its customers securely store and operate their digital assets through its battle-tested MPC-CMP security technology and infrastructure.

Wemade aims to utilize Fireblocks’ solutions to heighten the level of efficiency and security of the WEMIX digital assets management process.

Since the implementation of such solutions is required for most global partnerships, this is a necessary step toward developing a more robust global blockchain business for WEMIX.

Stephen Richardson, Managing Director, Financial Markets and Head of APAC at Fireblocks, said, “We are delighted to be working with Wemade to help them run and scale their treasury management operations for their digital assets, so they can take control of their digital assets and move closer towards their vision of building an open source programmable future for the web3 era.”

“By collaborating with Fireblocks and using its de facto global blockchain standard services, the expansion of the WEMIX3.0 mega-ecosystem will be accelerated,” said Henry Chang, CEO of Wemade. “The mainnet now offers even more secure, efficient, and transparent digital assets management.”


New AI Platform Provides Proxy Voting Data from Broadridge

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has launched Broadridge Proxy Policies & Insights (PPI) Data, a first-of-its-kind comprehensive platform providing an open data-feed of proxy voting data and analytics. This new platform, which will leverage Machine Learning (ML) services from Amazon Web Services (AWS), provides broker-dealers, institutional investors, mutual funds, retail investors, regulators and academics with access to over 5 million proxy voting data points, from more than 85,000 meeting agendas and a wide coverage of regulatory documents.

For broker-dealers, PPI Data provides an opportunity to differentiate their customers’ experience in the broker’s app or website by making it simple and easy for passionate investors to be aware of, for example, ESG proxy proposals that impact the future of their investments. Broadridge PPI Data can be used by broker-dealers to provide content to retail shareholders during the voter experience, as well as engage investors with insights on top-of-mind proxy proposals. For institutions, it provides an independent set of proxy voting data that can inform voting without providing voting recommendations. For retail investors, it provides better data to inform them how they can make a difference through voting their shares.

“Broadridge is providing the industry with better data to increase and inform proxy voting by leveraging AWS machine learning solutions,” said Martin Koopman, President, Bank Broker-Dealer Investor Communications Solutions at Broadridge. “Broadridge PPI Data is a great example of applying technology to increase voting by retail shareholders, for brokers to engage with their customers, and for institutional investors to inform their voting. We see AWS as a preferred cloud provider in our drive to improve and transform corporate governance by creating next-gen tools.”

Broadridge PPI Data can be used to create push notifications based on the retail investors’ proposal category preference (i.e., climate change, board diversity, etc.). The broker-dealer can then highlight securities with upcoming proxy proposals that match those preferences. The platform enables broker-dealers to provide retail investors with a quick and personalized voting experience with a goal of increasing voter participation. AI/ML capabilities of the platform allow faster automated information processing so that shareholders receive more information faster than prior manual processes. Furthermore, AI/ML allows the platform to predict likely contentious votes, allowing shareholders to focus on meetings where their votes may be critical.

Broadridge is rolling out this new platform ahead of the 2021 proxy season, leveraging solutions like Amazon Comprehend, a natural language processing (NLP) service that uses machine learning to find insights and relationships in text. Among other features, the platform automates data extraction from key SEC regulatory filings, specifically proxy statements and Form N-PX proxy voting records. Broadridge plans to include additional regulatory filings on the platform in the future.

“Broadridge continues to bring solutions to market that differentiate the investors’ experience, and Broadridge PPI Data is the most recent example of how they’re meeting the industry’s evolving needs,” said Scott Mullins, Managing Director, Worldwide Financial Services Business Development at Amazon Web Services, Inc. “We are excited to support Broadridge as they leverage AWS to deliver data to investors faster, who can than act on critical information. We look forward to our continued collaboration with Broadridge across their machine learning and digital innovation initiatives.”

Free for Regulators, Academics and Non-Profits

Broadridge PPI Data will be made available to regulators, educational and qualified non-profit organizations for free. These regulators, academic and non-profits can leverage the platform to review historical proxy policy and votes, which may lead to optimal regulatory policy, a better understanding of how institutions vote, and more transparency on the outcomes of proxy voting.

PPI is a service Broadridge provides institutional investors through ProxyEdge. Institutional investors can view critical information related to shareholder meetings, build customized data-driven voting guidelines based on their internal proxy policies, or the historical voting patterns of top-rated ESG funds, or the Top 50 Institutions based on AUM. Broadridge does not provide voting recommendations.