Finbourne adopts Tumelo’s investor voting interests

By Gloria Methri

Finbourne Technology has adopted FinTech Tumelo’s investor voting technology. The partnership will enable fund managers to understand and reflect investors’ voting interests more effectively.

Tumelo’s API-driven platform provides voting capabilities including real-time vote reporting, to retail and institutional investors. The solution is designed to improve shareholder communications, anticipate regulatory changes, and align with investor demands.

The platform will be integrated into LUSID, Finbourne’s data management platform, via the company’s Modern Financial Data Stack.

The partnership aims to contribute to greater shareholder democracy, as investors demand more say over the issues that matter to them, from board elections to climate change.

The integration will deliver access to investor vote preference data, vote policy information, and investor voting insights. It will not only support managers in meeting their fiduciary duties but also in taking steps toward addressing ESG and sustainability challenges.

Will Goodwin, a co-founder at Tumelo, said, “Tumelo was created with the ambition to achieve greater shareholder democracy for all investors. Having worked very closely with the industry to build a suite of products that solves a real problem for the industry, it is clear that effective stewardship is at the heart of achieving this vision. We provide fund managers with an unmatched 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.”

Matthew Luff, Head of Partnerships at FINBOURNE Technology, added, “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 both an exciting and a necessary step. We are pleased to offer this service through our partnership with Tumelo and enable our clients to create positive change through valuable data insights.”