Tumelo, an impact-focused fintech, has teamed up with Seccl, the custodian and investment technology provider, to bring investment platforms closer to their end investors.
Building stronger relationships with investors, and promoting active ownership, better stewardship codes and practices are becoming crucial to the investment community. The partnership is the first step in providing an easier and faster way for investment platforms to integrate transparency and voting solutions within their propositions, and will see Seccl introduce new prospective platforms to Tumelo’s shareholder engagement solution.
Commenting on the partnership, Will Goodwin, Co-founder and Commercial Officer of Tumelo said: "Investors are increasingly becoming inquisitive, wanting to understand what companies they own and influence some of the biggest decisions they make. These features are becoming table stakes for the everyday investor in this new, transparency driven market. This partnership gives that extra edge to investment platforms, advisers and investment managers to further strengthen their relationships with investors, provide better informed service, attract and retain more clients”
Seccl’s technology and services help advisers and investment managers to operate their own investment platform – taking greater control of their business, improving the customer experience and reducing the client cost in the process.
Dan Marsh, Head of Customer at Seccl, added: "Tumelo is an incredibly exciting business. It has the potential not only to drive a whole new level of consumer engagement but also to fundamentally change the relationship between companies and their investors for the better – transforming our relationship with money in the process. We're excited to be working with them.”
Tumelo already works closely with retail investment platforms and pension providers, allowing them to provide their customers with transparency over the companies they own through funds and a shareholder voice on issues they care about, such as gender equality or climate change.
Currently used by leading pension providers such as Legal & General and Aviva Investors, as well as retail investment platforms including The Big Exchange, Tumelo's solution has gained rapid popularity within the pensions and investment industry, where it now plays a key role in reforming the system and enabling organisations to fulfill their ESG commitments in the most transparent and engaging way.