Thomson Reuters has signed an agreement with Mediant Communications to provide shareholder communications for its wealth management solutions.
Under the deal, Mediant will provide technology-enabled solutions for delivering and monitoring proxy, corporate actions, prospectuses, fund reports, bankruptcy notices and other communications between brokers and banks and their financial advisors, account managers and customers.
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Thomson Reuters has worked in partnership with Mediant since 2008 to incorporate data flows for joint customers and provide interfaces between Thomson Reuters Wealth Management platform and Mediant’s MIC (management information center) database of shareholder events, documents and account information.
Mark Schlageter, managing director of Go To Market, Americas, Thomson Reuters, said, "Shareholder communications is an important component of the wealth management industry and Thomson Reuters is committed to ensuring that we remain at the forefront by providing best-in-class solutions.
"Mediant has demonstrated that it is a preferred vendor for brokers and banks, with a faster-growing client base than other industry participants and more forward-looking technology solutions. Our agreement makes it easier for clients to wrap our products and services into a single procurement decision and compliance-monitoring environment."
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