AssetMetrix partners with Proof

AssetMetrix has partnered with Proof, a company providing impact intelligence, to launch an ESG tool focused on the SFDR.

According to the two firms, the offering includes streamlined data collection, aggregation, reporting and optimisation.

Proof provides ESG impact intelligence. The company offers a platform that supports ESG initiatives throughout the entire lifecycle.

With the new partnership, the company will provide clients with a guided SFDR checklist and knowledge hub, while using its platform to leverage standardised, digital assessments to enable collection of Principal Adverse Indicators datasets. Finally, users will be able to access tailored resources such as disclosure templates, example disclosures and best practice guides.

Data collected by Proof should be processed by AssetMetrix to ensure regulatory calculations and aggregations are implemented accordingly. The parties stated that data will be stored in a data warehouse and made available with an automated audit trail.

The firms said they will further provide digital dashboards for reporting, while access to the relevant portals can be shared with investors and regulatory templates will align with industry standards and automatically be populated with the data collected. They can then be shared either via the portal or API.

“Nowadays, sophisticated private market investors are no longer satisfied with digital tools to uncover and mitigate ESG risks associated with their investment objectives. Instead, investors are looking for a comprehensive digital solution for ongoing ESG, impact and financial data management,” said Shannon Boselli, director of business development at Proof. “Our teams believe in the power of interconnected ESG data and consider this partnership a possibility to deliver efficiency, control and real value. Seamless data solutions paired with consulting by real ESG data experts will support investors’ journey from ESG risk mitigation to impact outcomes and ongoing performance management.”

Hanne Schnell, ESG product manager at AssetMetrix, added: “At AssetMetrix, we believe in continuous innovation and are pleased to offer our clients additional value by integrating Proof’s data collection tool and ESG data expertise. The offering will increase efficiencies in data collection and validation whilst continuing to ensure the highest level of data quality, enhanced insights and reporting. We believe that our integrated ESG solution represents investing without additional burden in terms of resources and time. Our integrated solution will provide our clients with the clarity and control they need, ultimately achieving certainty across their investment lifecycle for themselves and their investors.”