Credit and asset management technology, data and services provider Linedata announced today a collaboration with ESG data platform Arabesque S-Ray, to integrate ESG information into Linedata’s solutions for asset managers. The agreement aims to help managers to meet growing demands from regulators and investors for greater transparency over ESG funds.

Gary Brackenridge, Linedata’s Global Head of Asset Management, said:

“Linedata is committed to helping market participants to make more and better ESG driven decisions. With sustainable fund assets hitting a record $1.7 trillion in 20201, asset managers recognize ethical and sustainable funds as a major growth opportunity. The combination of Arabesque’s market-leading ESG data seamlessly integrated into Linedata’s cloud-based portfolio workflows with a unique usage model fits with what we know clients are looking for: commercial flexibility, high-value content and excellent user experience.”

Through the new collaboration, Linedata will integrate Arabesque S-Ray’s machine learning-based sustainability performance data on over 8,000 of the world’s largest listed companies into its portfolio and order management solutions. According to Linedata, the data insights will enable users to score, rebalance, and create new ESG portfolio strategies, products, and workflows, integrate ESG factors into pre- and post-trade Compliance at the asset and fund level, and manage regulatory and investor transparency and reporting with dashboards, screening, and monitoring tools.

Linedata stated that the announcement move marks an expansion of its recently launched Data Management Service, a key component of its cloud-based Asset Management Platform (AMP), offering an innovative commercial model which gives basic ESG and UN Global Compact scores to users of Linedata software, and the flexibility to access premium data on a usage basis.

Georg Kell, Chairman of the Arabesque Group, and founding Executive Director of the United Nations Global Compact, said:

“We believe economic value creation can go hand in hand with environmental stewardship, social inclusion, and sound governance. Our agreement with Linedata empowers more asset managers to make better decisions for a sustainable future.”

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