GoldenSource is proud to announce that we have been selected as winner of the Most Innovative ESG Data Solution in the 2023 A-Team Innovation Awards.
GoldenSource won for its ESG Impact solution, which manages data and analytics for ESG-related investment and banking processes, including MiFID II sustainability preferences and SFDR regulatory obligations. Key to delivering on its capabilities is the GoldenSource data model that natively connects ESG data with traditional data sets and their associated identifiers. This means that instrument, entity and market data can be seamlessly incorporated into the development and maintenance of ESG-related offerings, strategies, research and reporting.
A single solution for ESG data, proven in operation across multiple financial services business lines, is an innovative and strategic approach to ESG-related business opportunities for financial firms. Making sense of and operationalizing the varied data required for MiFID II, SFDR, EU Taxonomy and the latest TCFD and TNFD taxonomies is at the heart of the ESG Impact solution. Aligning the way that all ESG, securities and pricing data is managed, ensures ESG is fully integrated into both banking and investment processes and a firm’s competitive positioning.
In our earlier announcement, Sonia Colino, People, Brand and Sustainability Director, Banca March, summed up the rationale for adopting GoldenSource ESG Impact as a key capability in an ESG strategy: “With granular data, plug and-play analytics and the ability to work on ESG investment processes at the instrument, entity or whole portfolio level, Banca March is set to offer customers the best sustainable and responsible investment services.”
Volker Lainer, Head of Connections, ESG and Regulatory Affairs at GoldenSource, commented, “ESG is baked into the fabric of financial services business for the long term, so firms with foresight are turning to GoldenSource to ensure that ESG data is leveraged to the best possible advantage alongside all their other financial markets data.”