Finastra, a financial software applications provider, has launched a partnership with sustainability technology platform Alygne to help asset managers make informed ESG investments.
Alygne’s data will be integrated within the Fusion Invest solution, allowing users to leverage the portfolio management capabilities of the solution to ensure portfolios support their ESG-related values.
Fusion Invest is an integrated platform that covers the entire investment value chain, providing portfolio insight and automated processes with a real-time investment Book of Records and multi-GAAP accounting book of records.
The platform also boasts advanced analytics, comprehensive asset class coverage and open technology via digital dashboarding and APIs to help financial institutions deliver higher returns while minimising operational risks.
Commenting on the partnership, Fusion Invest senior product manager Fabien Féron said, “Making investments that coincide with corporate and customer values is front of mind for asset managers, but a lack of access to data and metrics makes this challenging.
“In addition to using traditional financial metrics to monitor their portfolios, our customers can strengthen their decision-making process by accessing Alygne’s tailored ESG data through our solution. They can easily check the impact of trade simulations for both public and private markets.”
Alygne is a sustainability technology platform that makes ESG-related alternative data accessible and transparent on both private and public companies.
It leverages natural language processing and machine learning to build ESG scores based on global news, social posts and corporate announcements. The platform works alongside metrics used in global reporting frameworks, such as Sustainable Finance Disclosure Regulation (SFDR) and Sustainability Accounting Standards Board (SASB) standards.
Alygne CEO Corinne Grillet added, “Through seamless integration with Fusion Invest, fund managers can use our data to make decisions based on financial and extra-financial criteria by adapting quickly to fast evolving market regulations and conditions.
“Retail and institutional clients can also use this data to promote ESG capabilities to their end customers. Our collaboration with Finastra combines best-of-breed portfolio management with advanced ESG analytics to support the global agenda of powering value-driven investments.”
Finastra recently revealed its ESG lending service, which aims to support sustainability-linked loan pricing.
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