Liquidnet Joins Sustainable Trading

Liquidnet, the technology-driven agency execution specialist, has become a member of Sustainable Trading, the non-profit membership network launched earlier this year, dedicated to transforming environmental, social and governance (ESG) practices within the financial markets trading industry.

Sustainable Trading brings firms together to devise practical and sustainable solutions to industry-specific ESG issues, as well as providing a mechanism for self-assessment and benchmarking.

Australian Fund Manager ISPT Selects SS&C for Performance Measurement

ISPT, one of the largest property fund managers in Australia, has chosen SS&C Sylvan for performance measurement. The solution was selected for its ability to process data automatically, calculate key returns, and provide robust analytical tools. It replaces an internally built performance measurement system.

Rockefeller Capital Management Up and Running with FactSet Workstations

Rockefeller Capital Management is using FactSet advisor workstations across the enterprise to drive advisor productivity. The arrangement provides Rockefeller advisors with access to comprehensive, multi-asset content, robust analytics, and global market data through FactSet’s web and mobile solutions. The collaboration is a milestone for Rockefeller as it plans to more than double its 450 advisor and team members by using FactSet’s open and flexible technology and enterprise wealth management solutions.

Double Materiality ESG Platform Launched by JP Morgan

Sustainable investment clients of JP Morgan will have access to a new ESG digital research platform that offers information and views based on double materiality principles – the impact that a company or asset has on the world as well as how climate and social change influences investments. ESG Discovery is fed by data from Datamaran and comprises two components: Sector and Cross-Sector analyses and Company and Thematic screening.

Morningstar to Showcase ESG ‘Digital Experience’ Product

An ESG-focused “digital experience” is to be unveiled by Morningstar, designed to give an all-round view of sustainable investing strategies. Comprising data from the financial services research giant’s own ESG Risk Ratings and Impact Metrics, the Investable World product promises to show in plain language and graphs the risks and opportunities in 750 thematic funds. The service will be showcased at financial conferences in the US through the autumn.

Broadridge Releases Blockchain-Based Multi-Jurisdictional Version of Private Market Hub

Broadridge Financial Solutions has released a multi-jurisdictional version of its private equity platform, Private Market Hub, based on blockchain technology, available to funds domiciled in North America, and designed to ease the complexities faced by asset managers with funds in multiple geographies. The hub was previously operational for funds domiciled in Guernsey

Broadridge says its new capabilities are the first of their kind in the private equity industry, allowing all stakeholders in a fund’s lifecycle to participate around a common set of data and workflows via a unified user interface, irrespective of the fund’s jurisdiction. Northern Trust, the cornerstone client, has gone live with the first group of North American clients – marking a new milestone in the evolution of the platform.

Finbourne to Offer Denominator DEI Data on its LUSID Platform

Financial institutions have a new way to assess the S factor in their ESG investments. Finbourne Technology has signed a deal to offer Denominator’s diversity, equity and inclusion (DEI) data to the buy-side. The information will be integrated into Finbourne’s LUSID investment management platform.

Raymond James Selects FactSet for Virtual Wealth Workstations

Raymond James US private client group has selected FactSet as its primary technology and market data provider. FactSet has worked alongside Raymond James to virtually deploy over 7,500 advanced wealth workstations to financial advisors throughout the US, providing advisors with FactSet’s content and analytics within a modern, web-based interface to reduce the firm’s dependence on locally installed applications.

Fairlight Asset Management Upgrades with SS&C Eze Eclipse

Fairlight Asset Management, a Sydney, Australia-based global equity manager, has selected SS&C Technologies Eze Eclipse to update is existing workflows and provide a front-to-back investment management platform. Fairlight is using the solution to optimise team activities, ensure compliance across global portfolios, and reconcile its full investment book of record on a daily basis.

EFAMA Supports Move Towards Global Reporting Standards

Europe’s asset management industry has backed calls for globally aligned sustainability reporting standards. The call from the European Fund and Asset Management Association (EFAMA) came in a written response to a position paper from the European Financial Reporting Advisory Group (EFRAG) of private companies. It said that investors can only help bring about zero-emissions strategies if they have the sort of data and insights that can be obtained through common reporting standards.