Baader Bank selects Bloomberg’s ESG data for SFDR reporting
28 November 2024 Germany
Image: Pcess609/stock.adobe.com
Baader Bank has adopted Bloomberg’s ESG data to assist with its Sustainable Finance Disclosure Regulation (SFDR) reporting.
This marks the latest collaboration with Baader Bank, building on their use of Bloomberg Terminals, Data License, B-PIPE, as well as Bloomberg’s integrated buy side workflow, execution, automation, and analytics solutions.
Jochen Ammer, head of fund services at Baader Bank, comments: “When selecting a vendor to contribute to our compliance with SFDR, data consistency and a sterling reputation were crucial factors in our decision to expand our relationship with Bloomberg.”
Bloomberg’s SFDR data solution, covering more than 16,000 companies globally, was designed to assist firms like Baader Bank to map company-reported ESG data to personal activity intelligence indicators (PAI).
Ammer adds that the reporting visualisation tool will enable the German bank to monitor portfolio holdings across accounts and see exposure to aggregated PAIs.
Nadia Humphreys, global head of sustainable finance data solutions at Bloomberg, says: “We’re pleased to expand our work with Baader Bank and supply them with SFDR data so they can utilise it as an additional source in conducting due diligence on the sustainability of their assets.”
In March, Baader Bank selected Broadridge Financial Solutions for its regulatory trade and transaction reporting.
This marks the latest collaboration with Baader Bank, building on their use of Bloomberg Terminals, Data License, B-PIPE, as well as Bloomberg’s integrated buy side workflow, execution, automation, and analytics solutions.
Jochen Ammer, head of fund services at Baader Bank, comments: “When selecting a vendor to contribute to our compliance with SFDR, data consistency and a sterling reputation were crucial factors in our decision to expand our relationship with Bloomberg.”
Bloomberg’s SFDR data solution, covering more than 16,000 companies globally, was designed to assist firms like Baader Bank to map company-reported ESG data to personal activity intelligence indicators (PAI).
Ammer adds that the reporting visualisation tool will enable the German bank to monitor portfolio holdings across accounts and see exposure to aggregated PAIs.
Nadia Humphreys, global head of sustainable finance data solutions at Bloomberg, says: “We’re pleased to expand our work with Baader Bank and supply them with SFDR data so they can utilise it as an additional source in conducting due diligence on the sustainability of their assets.”
In March, Baader Bank selected Broadridge Financial Solutions for its regulatory trade and transaction reporting.
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
