Modern Slavery and Human Trafficking Statement

While we are not legally required to publish a statement in line with section 54(1) of the Modern Slavery Act 2015, as a business, we believe in being open and transparent. As such we have chosen to release this statement that sets the steps Limina has taken and continues to take, to understand and minimise the potential risk of modern slavery in its business and supply chains.

About Limina

Limina is the world’s first cloud-native & fully browser-based Investment Management Solution.  Founded in 2014 and headquartered in Stockholm, our Swedish heritage is one that influences our culture deeply, with core values such as openness, collaboration, and humility being at the heart of everything we do.

We understand that the fund management industry is too complex for a one-size-fits-all system, so we work with each client to configure our solution to the best fit for their business. Our philosophy is distinctive and unmatched, which is why Limina has been driving change for its clients since 2015 (the initial release).

Our technology is complemented by smart human delivery, with Limina and its buy-side clients shaping workflow solutions together. Our industry experts share and apply their community knowledge to deliver real transformation and growth based on individual client needs.

Limina’s purpose is to provide the best workflows for modern investment management. As such we are:

• Future focused - cloud-native, web-based, API driven
• Secure & easy to access – access anytime, from anywhere
• An agile partner – evolving our technology based on client feedback

Our team has practical experience managing portfolios. As we like to say, we have been in the shoes of our clients. Shaped by our experience, we know investment teams want to feel empowered, and not reliant on a system that “just performs tasks”.

Our Commitment to the Principles of the Modern Slavery Act 2015

Limina is committed to the principles of the Modern Slavery Act 2015 and the abolition of modern slavery and human trafficking and its objective to eradicate forced labour and human trafficking. We will continuously strive to be recognised as a trusted business partner, acting in accordance with our core values while taking into account internationally recognised principles for environmental protection, human and labour rights, business ethics, and anti-corruption. This includes improving business practices to combat modern slavery and to drive sustainable progress and positive impact in the societies we are part of.

For our Staff

As an equal opportunities employer, we are committed to creating and ensuring a non-discriminatory and respectful working environment for our staff. We want all our staff to feel confident that they can expose wrongdoing without any risk to themselves.

We have HR management procedures in all the countries where we operate to ensure that all employees are recruited lawfully and in compliance with local labour law and trade unions and to safeguard employees from any abuse or coercion. Further, we require that all employees have valid residence and work permits in order to ensure that they are living and working legally in the country in question.

We have training programs in place to ensure that employees adhere to our policies and procedures, including eLearning modules on the Modern Slavery Act, anti-money laundering, and whistleblowing. Procurement employees additionally undergo specific training relating to their activity with regard to supplier selection.

Our Supply Chain

Due to the nature of our business, we assess ourselves to have a low risk of modern slavery in our business and supply chains. Our supply chains are limited and we procure goods and services from a restricted range of UK and overseas suppliers.

We do not enter into business with any organisation, in the UK or abroad, which knowingly supports or is found to be involved in slavery, servitude and forced or compulsory labour.

Our Policies in Relation to the Modern Slavery Act 2015

Limina has a number of supporting policies and statements that are available to all staff.  These include:

• Code of conduct
• Ethics policy
• Speak Up policy
• Bullying and harassment policy
• Diversity, Equality and inclusion policy
• Recruitment and selection policy

Embedding the Principles

We continuously embed the principles through:

• Providing awareness training to staff on the Modern Slavery Act 2015 and informing them of the appropriate action to take if they suspect a case of slavery or human trafficking
• Ensuring that staff involved in buying or procurement and the recruitment and deployment of workers receive training on modern slavery and ethical employment practices
• Ensuring that consideration of the modern slavery risks and prevention are added to Limina's policy review process as an employer and procurer of goods and services
• Continuing to take action to embed a zero-tolerance policy towards modern slavery

This statement has been approved by Kristoffer Fürst, CEO and Founder, Limina for the financial year ending 31 January 2024.

This statement will be reviewed and updated every year.