Overstone embraces responsible commercial practices. We believe firms perform better for clients and stakeholders when we pay attention to our people and the impact we have at large.
Intention
Mission Statement: Innovative ways to access liquidity to drive an individual’s financial flexibility
Business EthicsIndependent with no vested interest in the buying and selling of art
Committed to bringing transparency to the Art market
Corporate GovernanceQuarterly reports and meetings with shareholders
Regular communication with advisory board
Board meetings have over 90% attendance*
Established whistle-blower policies and procedures
TransparencyPromotes transparency in the Art Industry by collaboration with regulatory and legislative authorities international
Product GovernanceISO9001 accredited since 2017
Stringent product quality management protocols and emphasis on user-focused design
Impact
EnvironmentalArt-related documentations are traditionally paper heavy
Overstone’s products and services are paper free and delivered digitally unless hard copy is requested
Broader SocietyOverstone structures its transactions to incentivise public access and display for private art in museums and exhibitions internationally
Liquidity to the Art MarketBringing liquidity to the art market is likely to result in further investment in young and up- coming artists and generally give support to artists and the art market
INVESTMENT
Data Privacy & SecurityPrioritises protecting personal data and transaction information as our business activities use sensitive data regularly
ISO27001 accredited
Business plan includes investing in block chain tech to enhance security & data protection
FCA-regulated
Human CapitalHigh employee retention rate
Flexible work environment
Consistent remuneration above market average and training experiences for interns and graduates
Generous business options for employees to increase long-term employee buy-in and commitment
Diversity and inclusion are core pillars of the employment policy. The current team includes people from Malaysia, USA, UK, Holland, France and Israel
Gender diversity with a 50% male and 50% female team, based on employee data for years 2020-2024
Majority of Overstone’s team regularly undergo Anti-Money Laundering and business conduct training
* Source: Overstone Board Committee minutes 2023