SimCorp has partnered with Danske Bank Asset Management to build two new sustainability-related solutions.
The first, SimCorp’s new ESG framework, accessible through SimCorp’s Dimension product,
caters for a wide set of ESG strategies, allowing asset managers to optimise sustainability performance and ensure compliance with sustainability-related guidelines in portfolio construction via integration into front-office applications and processes.
The framework also onboards and manages any kind of sustainability data or metric to create custom sustainability key performance indicators (KPIs).
The framework is able to integrate sustainability data and KPIs into core investment processes such as pre-trade compliance, post-trade monitoring and reporting processes.
The platform also monitors sustainability performance and exposure, highlighting early warnings of risks and under-performance.
In compliance with the EU’s Sustainable Finance Disclosure Regulation (SFDR), SimCorp has also launched its own SFDR solution, in partnership with Danske Bank.
SimCorp’s SFDR solution enables the periodic reporting as prescribed by SFDR and EU taxonomy, as well as integration of the SFDR KPIs into pre-trade and post-trade investment processes.
This ensures that investment decisions are consistent and aligned with the KPIs that are reported to customers, says SimCorp.
SimCorp’s SFDR solution allows asset managers, including Danske Bank, to enable SFDR related reporting, by providing relevant KPIs and EU taxonomy alignment at position, product, and enterprise level.
The solution also allows asset managers to optimise sustainability performance of investment products, by integrating KPIs into front office applications and simplifies onboarding of SFDR-related data.
Commenting on the new offerings, Christian Kromann, CEO of SimCorp, says: “Enabling environmental, social, and corporate governance and sustainable investing for our clients is a core aim of our wider sustainability strategy, and close client partnerships remain a formidable way to support our clients’ long-term strategic ambitions.”
Christian Heiberg, CEO of Danske Bank Asset Management, comments: “The sustainable agenda is rapidly picking up speed and we are fully focused on constantly improving our sustainability efforts to stay ahead of the curve and be one of the best Nordics banks for responsible investments. Our partnership and collaborative co-creation approach with SimCorp ensure we have relevant tools and systems to consistently integrate sustainability-related perspectives in our investment management processes and products.”
