SS&C launches ESG reporting solution
SS&C has launched an ESG reporting solution platform to support new disclosure rules including the EU’s Sustainable Finance Disclosure Regulation (SFDR).
SS&C partnered with Sustainalytics to create investor transparency, carbon risk and sensitive sector exposure disclosure reports. The platform scans managers' underlying data against Sustainalytics' ESG dataset based on metrics applicable to a fund's objectives, frequency, design and format to satisfy investor and regulatory requirements.
"The market and regulators increasingly recognize that ESG factors can affect risk and return, and companies are facing increasing pressure to bring more transparency to this space," said Mike Megaw, managing director, SS&C Regulatory Services. "Our vendor-agnostic ESG solution platform ensures that managers and investors alike can easily access ESG information to make better decisions about their investments."
"We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level," said Tim Langer, director of client relations at Sustainalytics. "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."
Additionally, SS&C's ESG solutions platform helps EU financial market participants with the regulatory disclosure requirements for SFDR. Clients will be able to access analytical and reporting tools that disclose ESG exposures.
Sustainalytics, a Morningstar Company, is an ESG research, ratings and data firm that supports investors with the development and implementation of responsible investment strategies.