#United States #New York #BetaNXT #Shareholder Voting #Tumelo

BetaNXT and Tumelo Partner for Retail Investors

The financial industry is on the brink of a transformative shift aimed at increasing shareholder engagement among retail investors. In a significant move, BetaNXT, a frontrunner in wealth management technology, has forged a partnership with Tumelo, a pioneering stewardship technology firm based in the U.K. This collaboration primarily seeks to enable pass-through voting for millions of individual investors, amplifying their voice in corporate decision-making processes.

Enabling Enhanced Shareholder Participation

The integration of Tumelo's ProxySphere voting technology with BetaNXT's extensive proxy and investor communications network is set to provide brokers, asset managers, and retirement plans with a robust framework for individual investors. By streamlining operations in shareholder voting, this initiative ensures secure, efficient, and scalable participation for investors.

As policymakers show a growing interest in empowering shareholders and broadening participation, the timing of this partnership could not be better. It will allow asset managers and brokers to deliver a more inclusive environment for retail investors, putting them at the heart of corporate governance strategies.

Chris Nobles, Executive at BetaNXT, expressed enthusiasm about the partnership: “This collaboration is a natural extension of our mission to create a more connected investment ecosystem through data transparency and technology.” By joining forces with Tumelo, BetaNXT aims to bolster client trust and cater to the rising demand for investor involvement in financial matters.

A Future-Focused Model for Fairness

The BetaNXT/Tumelo integration stands out as a pioneering model that enhances fairness and meets custom compliance expectations across the financial sector. This innovative approach not only allows individual investors to participate directly in voting but also drives higher engagement in corporate governance, ultimately leading to increased transparency.

The partnership comes with promises for brokers and retirement plans to deepen investor engagement while simultaneously fostering financial literacy. This dual focus ensures that not only are investors accorded their rightful place at the table, but they also become more informed about their investment choices and corporate actions.

Unlocking the Power of Shareholders

Will Goodwin, Co-Founder of Tumelo, emphasized their mission: “Our goal is to give every investor a voice.” By combining their unique strengths with BetaNXT, they aim to unlock significant shareholder influence, enabling individuals to tailor investment products to align with personal objectives and values.

BetaNXT proves to be a trustworthy partner in this delicate endeavor by offering frictionless enterprise solutions supported by real-time data capabilities. Their approach empowers clients to be more proactive in responding to retail investors' needs with tools designed to enhance the advisor experience and streamline operational processes.

About BetaNXT and Tumelo

BetaNXT Overview

BetaNXT is dedicated to advancing the future of connected wealth management by investing in innovative platforms and partnerships. Their wealth management solutions foster frictionless transactions while simultaneously reducing operational costs and enhancing advisor productivity. With extensive experience and a client-centric approach, BetaNXT is changing how wealth management firms operate, ensuring a compelling investor experience.

Tumelo’s Specialty

Tumelo distinguishes itself by being the only provider to create a tailored pass-through voting solution geared towards scalability. Unlike many conventional offerings, Tumelo's cloud-native infrastructure is designed for seamless integration with intermediaries, supporting diverse data sources and customized voting policies. As a future-proof solution, Tumelo positions itself to rapidly evolve alongside the advancing landscape of shareholder voting.

Conclusion

The partnership between BetaNXT and Tumelo marks a pivotal step towards redefining shareholder engagement in the investment realm. By leveraging technology and data, they open doors for millions of retail investors to actively participate in the financial decisions that shape the corporations they invest in. This effort not only solidifies trust in financial institutions but also spells a new era of shared governance and investor empowerment.