Confluence Technologies has partnered with carbon and environmental data specialist Trucost to combine its cloud-based Revolution platform with Trucost’s data. The partnership aims to provide an integrated environmental, social and corporate governance (ESG) analytics and regulatory reporting solution. Confluence’s Revolution is a cloud-based platform, offering vital analysis of portfolio performance, attribution, risk and compliance — helping clients reduce costs, improve client communication and control investment decisions. Part of S&P Global, Trucost has been assessing risks relating to climate change, natural resource constraints and broader ESG factors since 2000. The combined offering will help clients understand their ESG exposure to common factors and identify solutions for a more sustainable global economy. The service offering includes compliance monitoring across the EU’s Sustainable Finance Disclosure Regulation (SFDR) and taxonomy regulation. It also offers ex-ante and ex-post portfolio analytics into a broader regulatory framework paired with portfolio and benchmark analysis. Todd Moyer, president and COO of Confluence, says: “Confluence is excited to begin this journey with Trucost. With ever-increasing regulations around sustainable investments and ESG more broadly, the combined Revolution and Trucost offering is a unique solution for the investment management industry.”
