ICE and Confluence Collaborate to Provide Integrated ESG Solution for Enhanced SFDR Compliance Reporting

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by KnowESG

Confluence, a global leader in analytics and regulatory compliance reporting solutions for the investment management industry, and Intercontinental Exchange, Inc., a leading global provider of data, technology, and market infrastructure, announced that Confluence will leverage ICE's Environmental, Social, and Governance (ESG) data as part of its ESG Sustainable Finance Disclosure Regulation (SFDR) solution.

Confluence's ESG Solutions, along with ICE's SFDR data, provide asset managers with a comprehensive compliance reporting solution to help manage and meet regulatory requirements, as with other reporting solutions in the sector. As part of its broader ESG data set, ICE's data solution provides updated, granular values, and event-triggered updates for the Principal Adverse Indicators (PAI) on equities securities and more than 1.4 million fixed income instruments of over 16,000 distinct corporate and sovereign entities.

Anthony Belcher, VP, Sustainable Finance at ICE, said: 

"We are pleased to continue to work with Confluence to bring our ESG data together with their software to provide an integrated offering for customers. This seamless combination brings front-to-back office ESG performance analytics and compliance reporting to the investment management industry, helping customers address complex regulatory requirements without the need to spend time and money integrating data with a reporting solution.”

Damian Handzy, Managing Director of Performance, Risk, and Analytics at Confluence, said:

"With increasing demands for ESG data and insights, Confluence ESG Solutions integrated with ICE ESG data are uniquely positioned to offer greater ESG portfolio insights and help clients meet regulatory compliance requirements. We are excited about this partnership for the operational efficiency gains in front-to-back offices it can bring to our asset manager and asset servicer clients.”

Source: ICE

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