SS&C Technologies has launched an environmental, social and governance (ESG) reporting solutions platform for asset managers to better monitor and report on ESG exposure in their portfolios.
The new platform will support compliance with the EU Sustainable Finance Disclosure Regulation (SFDR) and deliver greater insights and transparency into ESG portfolio risks.
SFDR imposes mandatory ESG disclosure obligations for asset managers and other financial markets participants with substantive provisions of the regulation. It went live in March 2021.
Clients will gain access to a set of analytical and reporting tools that disclose ESG exposures and bring increased transparency to products that promote ESG characteristics or have sustainable investment objectives.
According to Mike Megaw, managing director, SS&C Regulatory Services, the market and regulators increasingly recognise that ESG factors can affect risk and return, and companies are facing increasing pressure to bring more transparency to this space.
Megaw explains: “Our vendor-agnostic ESG solution platform ensures that managers and investors alike can easily access ESG information to make better decisions about their investments.”
Tim Langer, director of client relations at Sustainalytics, comments: “We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level.”
“SS&C’s solution provides accurate and detailed ESG rating data which is a game-changer to help investors understand sustainable investing and ESG exposures,” adds Langer.
Last month, SS&C Technologies extended its partnership with Ninety One, a global investment manager. The partnership will see SS&C Global Investor and Distribution Solutions (GIDS) provide transfer agency services to its Ninety One fund managers UK business.
