Thu, Dec 26 2024
The conglomerate Industrial Thought, which is well-known for its investments in taxation, financial data, and financial sector consulting, has revealed a significant £100K investment in Integrum ESG.
This investment is accompanied by a collaboration agreement that aims to improve the WealthTech industry, namely by using comprehensive ESG data solutions to solve the issues of greenwashing in wealth management.
Integrum ESG stands out for its unique "glass-box" approach to ESG analysis and provides wealth managers with a well-defined and verified process for matching investment portfolios to the increasing demand from investors for ethical and sustainable investing. This special SaaS platform will revolutionize the evaluation and communication of ESG risks, making it a vital tool for wealth managers in the face of ever stricter regulatory environments, including the FCA's new anti-greenwashing guidelines.
There has never been a greater need for ESG data that is clear and easy to understand. Integrum ESG's platform promises a revolution by providing wealth managers with an easy-to-use yet comprehensive tool to help them convince clients to make sustainable investment choices, while most ESG evaluations rely on complex methodology. Personalized investment advice that accurately represents an investor's sustainability preferences can be provided by wealth managers thanks to its primary features, which include real-time controversy warnings and customizable reporting options.
The collaboration and investment represent a major advancement in the private wealth management sector's understanding and accessibility to ESG investing. The partnership between Industrial Thought and Integrum ESG highlights a common goal of boosting openness and confidence in sustainable investing.
Shai Hill, the CEO and founder of Integrum ESG, stated his excitement about the collaboration. "To better serve the private wealth management industry, we're thrilled to partner with Industrial Thought and its group company Financial Software Ltd.," he stated. Wealth managers are currently under regulatory pressure to take into account the sustainability preferences of their customers as well as client requests for a sustainability evaluation to be included in their regular investment reports.
There is a chance that claims made to be greenwashing will arise because the ESG ratings that many fund managers use are so obscure. We're excited to collaborate with the group to increase accessibility to our all-in-one, reasonably priced, and easily comprehensible ESG solution.
Nuno Godinho, Group CEO of Industrial Thought, echoed this sentiment when he said that the investment was essential to advancing ESG transparency and customization in wealth management. For ESG investing to reach its full potential, trust and transparency are essential. Integrum ESG is a crucial tool for advisers, investors, and wealth and asset managers to perform thorough ESG analyses and customize their portfolios based on sustainability preferences. With this investment, we may expand the ways in which we assist our clients in supplying precise and comprehensible data by sharing its capabilities with them.
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