Acuity in ‘World-First’ Deal to Bring Databricks’ DIP to Clients

Acuity Knowledge Partners’ 650-plus financial services clients will be able to use the Databricks Data Intelligence Platform to automate data-driven workflows and decision making in what the company has described as a “world-first deal”.

“Acuity is the first firm of its kind to bring Databricks to market for financial services firms,” said Jon O’Donnell, Chief Operating Officer of Acuity Knowledge Partners.

Swiss Firms Linked into GLEIF for Due Diligence Ease

Due diligence processes involving Swiss companies is anticipated to become easier with the integration of the Alpine nation’s corporate identification codes with Legal Entity Identifiers (LEI).

A direct URL link will be added to the LEI records of entities listed within Switzerland’s standardised business identification number (UID) register. The Global Legal Identifier Foundation (GLEIF), which issues LEIs, said this would enable “easy one-click access to each entity’s official verified registration data and associated documentation on the UID register website”.

The link-in initiative would make processes such as know your customer and know your supplier easier, GLEIF said.

AXA, Ardea Implement SimCorp Services for Portfolio and Risk Management

Global insurance giant AXA is to deploy financial technology provider SimCorp’s SimCorp One platform alongside SimCorp Managed Business Services to aid in its portfolio- and risk-management operations.

The combination of the two services will give the France-based insurer a “real-time, consolidated view of positions across all entities in the group”, said SimCorp.

Similarly, Australian fixed-income asset manager Ardea Investment Management has integrated SimCorp One into its tech stack.

Novata Teams With Microsoft on Private Markets ESG Data

Novata is to collaborate with Microsoft to scale its private-market ESG data offering. The two companies plan to develop artificial intelligence tools to simplify data collection and reporting, and give smaller companies climate reporting tools.

ICE Integrates NatureAlpha Biodiversity Data

Intercontinental Exchange (ICE) has integrated biodiversity data from start-up NatureAlpha. The new feed, NatureAlpha’s Glovers 2.0, will be integrated into ICE’s ICE Climate Analytics Platform.

Bloomberg Widens Leveraged Loans Indices

Bloomberg Indices’ leveraged loans gauges have been expanded. The Bloomberg European Leveraged Loan Index and the Bloomberg Global Leveraged Loan Index complement the US benchmark that was launched last year.

The indices are built on Bloomberg’s own evaluated pricing engine, BVAL, and include about 100 sub-indices, giving investors more granular visibility.

RepRisk Data Available on Aladdin

Reputational risk data provider RepRisk’s content is now available on Blackrock’s Aladdin platform. The Switzerland-based company said its data is used by 80 per cent “of the world’s top investment managers and 14 of the top 20 private equity firms to make better-informed portfolio and investment decisions”.

GLEIF Appoints Singapore’s TradeGo as vLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has named Singapore’s TradeGo as a Qualified vLEI Issuer, permitting it to issue and register virtual equivalents of the internationally recognised entity verification technology.

Natural History Museum Biodiversity Index Adopted by GIST Impact

The British Natural History Museum’s Biodiversity Intactness Index has been integrated into GIST Impact’s risk data and analytics suite of nature-focused tools.

The index, which is derived from data contained within the museum’s body of research going back decades, is used as a measure of ecosystem health by a number of data providers to help clients assess the nature-related risks and opportunities of their investments.

Calero eBonding Technology Enabled to Manage LSEG Entitlements

Users of LSEG’s Refinitiv Data Platform (Hosted) will now be able to automate their entitlement interactions through Calero’s eBonding capabilities.

Calero said the integration through API will reduce the manual processes that had typified clients’ management of LSEG entitlements. Through the integration users will be able automate access requests, changes and cancellations, which had been conducted largely by email-based workflows, and “provide real-time visibility into hosted entitlements, eliminate manual errors and allow straight-through processing”.