202404 Apr

Industrial Thought bolsters WealthTech offerings with Integrum ESG investment

Summary

This unique SaaS platform is set to transform how ESG risks are assessed and communicated, making it an essential tool for wealth managers in the context of increasingly stringent regulatory frameworks, such as the FCAs new anti-greenwashing rules.The importance of transparent and interpretable ESG data has never been more pronounced. With the majority of ESG ratings reliant on obscure methodologies, Integrum ESGs platform promises a revolution by offering wealth managers a simple yet comprehensive tool to justify sustainable investment choices to their clients. Wealth managers are now facing regulatory pressures to consider their clients sustainability preferences, as well as demand from clients to receive a sustainability assessment within their regular investment reports.The ESG ratings used by many wealth managers are completely opaque, creating a risk of greenwashing claims. We look forward to working with the team to broaden access to our one-stop, easy-to-understand, affordable ESG solution.Echoing this sentiment, Nuno Godinho, Group CEO of Industrial Thought, highlighted the investment as pivotal for promoting ESG transparency and personalisation in wealth management. This investment enables us to share its capabilities with our clients, expanding how we support them in providing accurate and explainable data.Keep up with all the latest FinTech news here.

Source: Fintech

Funding

$126.51K
Amount
Apr 04 2024
Date
-
Investor
Integrum ESG
Company

Classifications

Companies