About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Alveo and Cognizant Collaborate on ESG Data-as-a-Service Solution

Subscribe to our newsletter

Alveo and Cognizant have collaborated to offer an Environmental, Social and Governance (ESG) data management solution for financial services firms. The solution comprises data operations and technology services from Cognizant that will support the implementation and management of an ESG Data-as-a-Service solution from Alveo. The aim is to allow firms to operationalise ESG data, integrate it into business processes for better portfolio management, and address the evolving regulatory environment.

“ESG is one of the biggest trends impacting financial institutions, and it requires a significant investment in data and data management technology,” says Mark Hepsworth, CEO at Alveo. “Cognizant has the experience and expertise to drive transformative ESG capabilities, improving the way financial firms provide investment products and advice that meet the needs of investors looking for societal and capital returns.”

Alveo’s technology has built-in capabilities including mappings between data sources and regulatory requirements. Its platform includes complete data lineage and provides clients with an overview of data operations as well as the ability to query and investigate ESG data. Cognizant, a business consulting, information technology and outsourcing services provider with a focus on helping clients modernise technology and transform the user experience, will integrate Alveo’s capabilities into client application landscapes, business workflows and reporting requirements.

Craig Stanley, senior vice president and business unit head of Cognizant Banking and Financial Services, says: “This agreement with Alveo brings to market a solution for financial institutions to evaluate the societal impact of investment decisions and modernise their business practices to better align with their social responsibility goals. Alveo’s data mastering and data distribution solutions, together with Cognizant’s digital implementation capabilities, will help clients meet ESG regulations and the expectations of today’s socially conscious consumer.”

Subscribe to our newsletter

Related content


Recorded Webinar: Best practice approaches to integrating legacy data with the cloud

Acceleration of cloud adoption, increasing demand for digital transformation and real-time data management have led financial institutions to rethink their data infrastructure to enable more agile operating models that can respond faster to change and make data a competitive advantage. For many, integrating data from legacy systems and data across the business landscape with a...


Mackenzie Investments Selects Bloomberg to Manage ESG data

Mackenzie Investments, a large Canadian investment management firm, has selected Bloomberg to manage its ESG data. The data vendor’s cloud-based Data License Plus (DL+) ESG Manager will be used to host the acquisition, management and publishing of multi-vendor ESG data, allowing the firm to implement ESG investing approaches more efficiently and develop more sophisticated ESG-focused...


RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.


Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...