ESG-focused financial technology company Arabesque AI announced today the appointment of Dr. Carolina Minio Paluello as the company’s new Chief Executive Officer.

In her new role, Minio Paluello will lead the roll-out of the company’s AI-powered portfolio management service, the second release from Arabesque following the launch of ESG Book in 2021.

The new “portfolio management as a service” platform aims to enable asset managers asset managers to generate personalised, active investment strategies at scale, using deep learning and raw ESG and sustainability data for more than 30,000 companies from ESG Book, and integrating multiple financial and non-financial dimensions and preferences into portfolios.

Georg Kell, Chairman of Arabesque Group, said: 

“Arabesque AI is harnessing sustainability and technology to empower capital markets to drive finance towards solutions that will generate the impact required to meet the SDGs head on.” 

Dr. Minio Paulello joins the company following her role as Global Head of Product at Schroders. Prior to her role at Schroders, she worked at Lombard Odier and Goldman Sachs Asset Management, where she led the integration of sustainability into product solutions and quant strategy across client portfolios, respectively.

Minio Paluello said: 

“Arabesque AI is uniquely positioned to service the asset management industry’s need to meet the growing market demand for hyper customised portfolios. Our combination of AI and quality impact data means that asset managers of any size can integrate impact as well as risk and return into their strategies, constructing active portfolios that reflect their clients’ preferences, whether retail, high-net-worth or institutional.” 

The company also announced the appointment of Tim Wong as its new Chief Product Officer. Joining from Finbourne Technology, where he oversaw product development for investment and portfolio management software, Wong also holds several years of experience in product management and strategy consulting at companies including Amazon, Capco, McKinsey and PwC. 

Wong said: 

“Personalised portfolios demand the integration of multiple new data dimensions, complex regulatory compliance requirements and tech expertise outside of the typical asset manager’s capabilities and resource. Arabesque AI solves these problems by combining market-leading ESG and impact data with deep learning to provide a simple, cloud-based solution that asset managers can use out of the box and integrate into any existing investment workflow.”

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