Euroclear’s MFEX adds ESG reporting solution
12 May 2022 Belgium
Image: blacksalmon
Euroclear has added a new ESG reporting solution to its digital fund distribution platform, MFEX, in collaboration with software company, Greenomy.
The service has been introduced to strengthen the data solutions capabilities and value proposition Euroclear offers to asset managers and fund distributors.
The solution adheres to the European ESG Template (EET), a standardised framework complying with upcoming regulatory requirements from the regulatory technical standards (RTS), under the Sustainable Finance Disclosure Regulation (SFDR).
MFEX’s ESG reporting solution will allow fund managers to upload their holdings per investment strategy, create EET reports on an ISIN level, comply with regulatory ESG reporting requirements, and enable the dissemination of EETs to stakeholders and investors.
Commenting on the new solution, Brigitte Daurelle, CEO of MFEX by Euroclear, says: "We are pleased to be able to offer this new service to asset managers and support them with their impending ESG reporting requirements. This strategic alignment will also strengthen our EET dissemination offering to fund distributors."
Alexander Stevens, CEO of Greenomy, comments: “This combined offering enables the trusted network of MFEX clients to be compliant with SFDR. Our mission is to ensure that capital is allocated to truly sustainable investments boosting the real economy and ultimately making it more sustainable."
The service has been introduced to strengthen the data solutions capabilities and value proposition Euroclear offers to asset managers and fund distributors.
The solution adheres to the European ESG Template (EET), a standardised framework complying with upcoming regulatory requirements from the regulatory technical standards (RTS), under the Sustainable Finance Disclosure Regulation (SFDR).
MFEX’s ESG reporting solution will allow fund managers to upload their holdings per investment strategy, create EET reports on an ISIN level, comply with regulatory ESG reporting requirements, and enable the dissemination of EETs to stakeholders and investors.
Commenting on the new solution, Brigitte Daurelle, CEO of MFEX by Euroclear, says: "We are pleased to be able to offer this new service to asset managers and support them with their impending ESG reporting requirements. This strategic alignment will also strengthen our EET dissemination offering to fund distributors."
Alexander Stevens, CEO of Greenomy, comments: “This combined offering enables the trusted network of MFEX clients to be compliant with SFDR. Our mission is to ensure that capital is allocated to truly sustainable investments boosting the real economy and ultimately making it more sustainable."
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