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Development of a Mobile Fintech Platform for Shareholder Proxy Voting
  1. case
  2. Development of a Mobile Fintech Platform for Shareholder Proxy Voting

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Development of a Mobile Fintech Platform for Shareholder Proxy Voting

eleks.com
Financial services
Information technology

Challenges in Retail Investor Engagement

Retail investors faced significant barriers to participating in corporate governance through proxy voting, including lack of accessible tools, limited visibility into peer opinions, and complex procedural requirements. Existing solutions failed to provide an integrated platform for discussion, data aggregation, and streamlined voting processes.

About the Client

A fintech company specializing in corporate governance solutions for retail investors

Platform Development Goals

  • Increase retail investor participation in proxy voting by 40%
  • Create a community-driven platform for shareholder discussion and opinion sharing
  • Provide data analytics tools for companies to understand retail investor sentiment
  • Ensure cross-platform compatibility with Android and iOS ecosystems

Core Platform Capabilities

  • User authentication with brokerage account integration
  • Real-time voting on corporate governance proposals
  • Social network features for connecting with like-minded investors
  • Discussion forums for proposal analysis
  • Data aggregation dashboard for institutional clients
  • Push notifications for voting deadlines and proposal updates

Technology Stack Requirements

React Native for cross-platform mobile development
AWS cloud infrastructure
GraphQL API layer
Firebase authentication
Blockchain-based voting verification

System Interoperability Needs

  • Brokerage platform APIs for portfolio verification
  • SEC EDGAR database for regulatory filings
  • Corporate investor relations systems
  • Payment gateways for premium features

Operational Requirements

  • Support 1M+ concurrent users during peak voting periods
  • End-to-end encryption for voting data
  • 99.9% platform uptime SLA
  • Compliance with FINRA and SEC regulations
  • Sub-200ms response time for voting transactions

Anticipated Business Outcomes

The platform is expected to establish Civex as a market leader in retail investor engagement, potentially increasing their client base by 300% within two years. Institutional clients will gain unprecedented access to retail investor sentiment data, while individual users benefit from enhanced corporate governance participation capabilities. The solution should reduce proxy voting process time by 60% compared to traditional methods.

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