Electronic voting
Enable shareholders to exercise their right to vote at shareholders’ meetings from any location and with all pertinent security assurances using an online system.
In order to ensure transparency and good governance, companies are increasingly willing to involve their shareholders in decision-making processes. However, while we live in an increasingly interconnected world, people are often still required to be present in person in order to be able to vote on corporate matters.
Innovoto is a platform designed by EADTrust to enable electronic voting and proxy voting at shareholders’ meetings and other participatory bodies.
This tool allows a company’s shareholders to exercise their right to vote from anywhere in the world, in real time, removing the need to physically travel to the meeting venue.
From any device:
access from your computer, tablet or mobile phone using any operating system.
Easy authentication for voters:
choose the identification method that best suits your needs.
Therefore, we solve the need for administrators to prove the exact time of publication on the web page, and we generate testimony of the publication of contents on specific web pages, in case they are considered beneficial or detrimental to the applicant and are required as evidence for the defense and exercise of their rights.
Neutral third party
Authentication of participants is simple and secure, thanks to the use of cryptography. Innovoto enables user verification by generating a unique hash code for each user, which links a series of personal parameters with random components. This means that the hash code unequivocally identifies the voter.
Acts with total impartiality and ensures the anonymity of votes
Clients will only see the vote tally and the voters registered on the platform, but they will not be able to ascertain how each voter voted.
Frequently Asked Questions
- Voting on agenda items for participatory events (meetings of boards of directors, shareholders, assemblies, committees, etc.).
- Voting in election processes.
- Voting in a single act or by area
- Real-time or early voting processes over a set period.
There are several authentication options, such as digital certificates, registration processes, access via intranet following identification of voter (username/password) by the entity itself, etc.
Depending on the method chosen, different processes for integration with the entity will be carried out and different information will be requested, such as an e-mail address and/or mobile number for potential voters (based on a data processor contract for the purposes of data protection regulations).
The customization of the platform and the organizational aspects of the process are generally managed by EADTrust staff, in collaboration with the client.
One of the main reasons why companies seek our services is to achieve greater management autonomy and streamline processes. We assume responsibility for any inadequate action, since the certified record issued by EADTrust includes key aspects such as the list of attendees, quorum required, voting results and relevant statistical data. The records generated are auditable, which reduces the possibility of error or manipulation. In addition, our independence and impartiality criteria are regularly audited in line with ISO-27001 and eIDAS certification requirements, among others.
Where several voting methods are permitted, the order of precedence should be set out in the entity’s bylaws or voting regulations. Given that a number of scenarios are possible, the platform should be able to adapt to the specific circumstances in each case.
If electronic voting takes place in advance and a voter then decides to cast their vote in person, the standard practice is to remove the earlier vote from the platform. Another alternative would be to block in-person voting if a voter has already exercised their right to vote electronically.
Yes. In elections with a single candidate, two options are usually provided: vote in favor and abstention.