Synechron Offers Data Monetisation Accelerator Programme

Digital transformation consulting firm Synechron has released a data monetisation accelerator programme that offers a suite of building block solutions designed to help asset managers and financial institutions unlock the full potential of their data. The Synechron tools leverage analytics and derive insights to identify revenue opportunities and implement key strategies for monetising data, while preserving data privacy, security, governance and management.

Quantexa Completes Acquisition of Aylien

Quantexa, a player in the decision intelligence market, has completed the acquisition of Aylien, an AI, NLP and ML company based in Dublin. Founded in 2012, Aylien applies advanced AI to unstructured data to create a rich, real-time, and reliable stream of actionable insights. The combination of Aylien’s AI and NLP, and Quantexa’s Decision Intelligence platform, will provide a step towards Quantexa’s vision of offering users of its platform full context of their business operations by unifying the structured and unstructured world.

Rimes Offers Clients ESG Book Data and Scores

Clients of data management solutions provider Rimes can now access ESG Book’s sustainability data. ESG Book, which was created by asset manager and data provide Arabesque along with an alliance of financial institution, will offer its ESG data via Rimes could-based platform. The datasets cover more than 50,000 companies, including scores.

Morningstar Unveils New SDG-Aligned Benchmarks

A new set of indexes created by Morningstar will enable investors to put their money into companies that are aligned with the United Nations’ 17 Sustainable Development Goals (SDFs). The research giant will include in the Morningstar Global Sustainable Activities Involvement Indexes (SAI) only companies that also committing a substantial proportion of their revenue to one or more impact themes.

Fitch Mulls Inclusion of Climate Risks in Credit Scores

Fitch is seeking views on the inclusion of climate-risk factors in the calculation of the broad credit worthiness scores it provides for thousands of companies. The ratings company said its Climate Vulnerability Scores, which it provides separate to regular credits ratings, could provide an additional screen in the assessment of firms’ credit worthiness.

TNFD To Unveil COP15 Influenced Iteration of Reporting Framework

The Taskforce for Nature-related Financial Disclosures (TNFD) is to release the latest version of its guide on how financial institutions should report on their biodiversity risks. The fourth iteration, due next month, is informed by the Global Biodiversity Framework (GBF) agreed at the COP15 in Montreal late last year. Target 15, of the GBF’s 23 aims, is designed to harness private finance to protect nature.

EDI Adds Luxembourg Funds Data Service

Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has added a Luxembourg funds data service to its investment funds coverage. The Luxembourg services covers more than 50,000 share class funds from over 400+ fund management companies, providing comprehensive reference and corporate actions data.

FINBOURNE Joins Bloomberg, MarketAxess and Tradeweb in Consolidated Tape Plan

FINBOURNE Technology has won a tender process to become the technology infrastructure provider for the Bloomberg, MarketAxess and Tradeweb initiative to build a consolidated tape for fixed income in Europe. The company’s cloud-based, API-first Modern Financial Data Stack is designed to reduce operational complexity and increase efficiency and transparency across capital markets.

Pension Fund TCFD Alignment Hampered by Data, Report Says

The shortage and inconsistency of sustainability data is preventing pension funds from formulating climate-forward investment strategies, according to a report by Pensions for Purpose. The data challenges mean few funds are aligning with the Taskforce on Climate-related Financial Disclosures (TCFD) framework to shape their approach to ESG and their use of some analytics remains limited, the report said.

Ataccama Deepens Integration of ONE Unified Data Management Platform with Snowflake

Ataccama, a unified data management platform provider, has released deeper integration of its Ataccama ONE platform with Snowflake providing data observability functionality and pushdown processing to joint customers. Data is processed directly on Snowflake’s single, integrated Data Cloud platform, delivering faster, lower cost and more secure results.

“With the release of the latest version of the Ataccama ONE platform, we are bringing all Ataccama data quality functionalities, including rule evaluation, data quality monitoring, and profiling to Snowflake customers. We can also improve the user experience with pushdown functionality that processes data directly on Snowflake, saving precious time,” says Martin Zahumensky, chief product technology officer at Ataccama.