FINBOURNE Technology (FINBOURNE) has adopted fintech Tumelo’s investor voting technology. Through the partnership, fund managers will be able to reflect the voting interests of their investors more effectively, FINBOURNE says.
Tumelo allows users to provide voting capabilities, including real-time voting, to retail and industrial investors. The solution is designed to improve shareholder communications and engagement, anticipate regulatory updates and align with investor demands.
The partnership comes in response to increased shareholder interest around ESG and sustainability topics and will allow firms to consider their own responsibilities and role in solving such issues, FINBOURNE comments.
The platform will be integrated into LUSID, FINBOURNE’s data management platform, and is integrated via the company’s modern financial data stack.
Matthew Luff, head of partnerships at FINBOURNE, adds: “Fund managers perform best when they create products their customers want and can meaningfully engage with. In an industry where transparency and accountability are becoming paramount, enabling our clients to understand what investors are prepared to vote on is a necessary step.”
Will Goodwin, co-founder at Tumelo, says: “Tumelo was created with the ambition to achieve greater shareholder democracy for all investors. Effective stewardship is at the heart of achieving this vision. We provide fund managers with an opportunity to better understand and build trust with investors, adding value to the relationship and helping them to attract and retain a diverse client base.”
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