Spotlight Series: Katie Lam
New functionality solves the challenge of ESG data screening and management, which is a key barrier to widespread adoption of ESG and sustainable investing
Digiterre, a software and data engineering consultancy, today announced that it has partnered with BITA Risk, part of corfinancial, a financial services software and services group, to build the Environmental, Social and Governance (ESG) functionality for BITA Risk’s BITA Wealth platform.
BITA Wealth is a platform for private wealth managers, investment advisors and quant teams used to construct, analyse, monitor and report on client portfolios. With the ESG Manager module, investment professionals can screen investments by ESG factors to better understand exposures and check conflicts with client preferences. Advisers can also assess the impact of making changes to meet sustainable preferences on risk, yield and return through portfolio ‘what-if’ analysis.
Digiterre is providing advanced software and data engineering services to develop the data screening and management functionality for the ESG Manager module.
Ian Murrin, CEO and Founder, Digiterre, said: “We are delighted to collaborate with corfinancial to help build a technology solution for investment managers and asset owners who increasingly demand integration of ESG factors into their investment processes. ESG data assessment and screening, across client preference capture, and portfolio modelling and reporting, requires advanced data transformation solutions to the challenges of ESG data silos, volume, value, fidelity and timeliness. We look forward to extending the partnership as we continue to support corfinancial with complex, real-time data management as BITA Wealth is developed, deployed and operated at scale.”
Bruce Hobson, CEO, corfinancial, said: “ESG data screening and management is a key barrier to the widespread adoption of sustainable investing. The combination of our wealth management expertise and Digiterre’s renown in the areas of data engineering and utilisation is resulting in a compelling proposition. We look forward to extending the partnership with Digiterre that began with our Paragon fixed income accounting platform.”
Digiterre is a software and data engineering consultancy that enables technological and organisational transformation for many of the world’s leading organisations – be they commodity or energy traders, banks or investment managers, digital disruptors or public sector providers. We envisage, design and deliver software and data engineering solutions that users want, need and love to use. We achieve ‘Agility at Greater Velocity’ because we care about taking ownership for solving the toughest technical challenges and creating outstanding outcomes. As a consequence of this approach, we typically deliver high-risk, high-profile and time-constrained projects in less time than competitors, often significantly so.
For more information, visit www.digiterre.com
corfinancial provides software solutions and advisory services to banking and financial services organisations worldwide. The firm has offices in London, New York and Boston.
There are five key problem areas corfinancial looks to solve through its primary software and service offerings: salerio is a post-trade processing solution that enables asset managers, hedge fund managers and securities/fund services firms to automate the flow of securities and treasury trades from matching through settlement. SureVu empowers buy- and sell-side firms to efficiently monitor and track security trades throughout the settlement lifecycle, enabling users to proactively manage and oversee settlement exposure. BITA Risk provides end-to-end private client suitability, portfolio management, risk, ESG and monitoring oversight solutions; brought together in BITA Wealth to mirror and systemise the investment process of wealth managers and private banks and available individually for CIO and investment teams. paragon is a comprehensive front-to-back office fixed income portfolio accounting, processing and reporting solution for banks. costars is an investment administration platform for third party administrators, fund supermarkets and wealth management companies.
With client AUM in excess of £200bn, BITA Risk is a leading provider of integrated private client suitability profiling, portfolio management, risk and monitoring applications in the HNW and UHNW sectors. It gives managers freedom within a framework to construct and manage portfolios in the context of risk, policy and mandate, so they achieve suitability whilst delivering control and transparency to management.
For more information, visit www.corfinancialgroup.com
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