QuantCube Technology launches Asset Mapping database
24 September 2024 France
Image: Koihime/stock.adobe.com
QuantCube Technology has launched its Asset Mapping database, designed to fill the data gap facing banks, insurance companies, asset managers and corporates as they seek to monitor the risk exposure of the physical assets they own and invest in.
The solution aims to allow firms to understand the exposure of their investment portfolios to ESG risks at a granular level and to address the European Banking Authority’s Pillar 3 disclosures on ESG risk — due to be reported in early 2025.
The firm says the database covers both direct and indirect asset ownership, tracking more than one million physical assets owned by more than 10,000 companies globally.
It also allows financial institutions to understand the importance of each asset in an organisation’s portfolio, including where its production facilities are based, and the physical risk of its assets being impacted by climate and environmental events.
Alice Froidevaux, director of Product Development and CFA ESG, at QuantCube Technology, says: “With the newly introduced Asset Mapping solution, users can access precise data on the location of companies' physical assets.
“The database also provides a clear understanding of ownership structures through comprehensive analysis of both listed and non-listed companies. Combined with granular insights from satellite imagery and geolocation analysis, the Asset Mapping database significantly enhances the ability to monitor portfolio risk exposure, particularly from a macroeconomic and ESG perspective.”
The solution aims to allow firms to understand the exposure of their investment portfolios to ESG risks at a granular level and to address the European Banking Authority’s Pillar 3 disclosures on ESG risk — due to be reported in early 2025.
The firm says the database covers both direct and indirect asset ownership, tracking more than one million physical assets owned by more than 10,000 companies globally.
It also allows financial institutions to understand the importance of each asset in an organisation’s portfolio, including where its production facilities are based, and the physical risk of its assets being impacted by climate and environmental events.
Alice Froidevaux, director of Product Development and CFA ESG, at QuantCube Technology, says: “With the newly introduced Asset Mapping solution, users can access precise data on the location of companies' physical assets.
“The database also provides a clear understanding of ownership structures through comprehensive analysis of both listed and non-listed companies. Combined with granular insights from satellite imagery and geolocation analysis, the Asset Mapping database significantly enhances the ability to monitor portfolio risk exposure, particularly from a macroeconomic and ESG perspective.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
