Tricor formed a strategic partnership 3 Hong Kong, University of Hong Kong and Microsoft to unveil SPOT, a platform that enables electronic general meetings.

The solution is said to be highly scalable, offering significant cost savings, reduce administrative time and effort, as well as enhance member engagement and transparency.

They claimed that the solution complies with and observes all the requirements of HKEX Listing Rules and statutory regulations, seamlessly integrates the Register of Members, and facilitates proxy actions under CCASS to attend and vote online.

Among its other features, SPOT also provides voting forms and proxy forms in the same format and details as published by the issuer on HKEX website for investors’ ease of use and includes a full range of functions for an end-to-end eAGM solution. SPOT offers robust data privacy, encrypted data storage and transmission and multi-layered security.

Joe Wan, Chief Executive Officer of Tricor Hong Kong said,

“SPOT is the first step to fundamentally change the dynamics of investor engagement in Hong Kong. The system has been receiving applauses and recognitions from clients since its launch. Looking forward, we will continue to work with our partners for the continual enhancement of SPOT in our course towards smarter investor relations solutions.”

“COVID-19 has changed the way we live and work, and this has become our new normal. With remote working becoming essential, Artificial Intelligence, Big Data and Cloud Computing plays a crucial role to empower the continuity of businesses, enabling them to be flexible and scalable to response to the market quickly while maintain high level of cybersecurity and compliance measures”

said Cally Chan, General Manager of Microsoft Hong Kong and Macau.

In the next phase, the partners will explore and develop solutions to enhance investor relations and enable a more cutting-edge voting process.