Arcesium, a leading global financial technology firm, and ESG Book, a global pioneer in sustainability data and technology, have today unveiled their strategic collaboration aimed at delivering top-tier sustainability data tailored for institutional investors.
The decision to collaborate stems from the escalating demand for enhanced ESG and climate data, a trend that’s accelerated by mounting global regulations. This surge in interest is further underpinned by a recent Bloomberg survey, revealing that over 90% of executives are anticipating a substantial uptick in their ESG data expenditure this year.
Arcesium stands out in the financial landscape, providing sophisticated data, operations, and analytics capabilities. It presently serves a plethora of the world’s most intricate financial institutions, overseeing more than $677bn in global AUM.
On the other hand, ESG Book has carved out a niche as a frontrunner in sustainability data and technology. With coverage spanning more than 50,000 companies worldwide, institutional investors globally bank on ESG Book for its transparent, real-time insights into sustainability, invaluable for security selection, portfolio management, and analytics.
The newly minted integration means mutual clients of both Arcesium and ESG Book can now tap into an expansive suite of sustainability insights. These insights, which include ESG Book’s scores, raw attributes, SFDR, and emissions datasets, will now seamlessly dovetail with Arcesium’s dynamic Financial Data Stack and its custom-built data platform, Aquata™. The result? Institutions can base their investment choices on a harmonised data source, optimising both accuracy and efficiency.
David Nable, Head of Client and Partner Development at Arcesium, commented, “By combining ESG Book’s high-quality data with Arcesium’s unparalleled technology, we’re arming our clients with the tools to manage the increasing complexity of sustainable investing. With powerful tools to ingest, unify, analyse, and report on data, this integration is designed to enable institutional investors to thoughtfully deploy and manage their sustainable investment initiatives.”
Similarly, Dr. Daniel Klier, CEO of ESG Book, observed, “Demand for high-quality, granular ESG data is soaring across financial markets, driven by a growing need for investors to fulfill regulatory requirements and meet client demand for greater transparency on non-financial issues. We are delighted to partner with Arcesium, and enable clients to access high-quality, fully traceable ESG data for better portfolio management and risk analysis.”
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