J.P Morgan Securities Services has launched a new sustainable investment data product for institutional investors.
The financial services firm said Sustainable Investment Data Solutions will be available through its cloud-based Fusion platform and simplify the process for investors to extract value from sustainable investment data supplied by providers.
J.P Morgan has partnered with data providers including Morningstar, Bloomberg and S&P Global with the new product set to give users technology-enabled normalisation, management, and calculation capabilities which will streamline their ability to perform analysis, scoring, stock-selection, compliance monitoring, and reporting functions.
Gerard Francis, head of data solutions, J.P. Morgan said the new product means that using the product through its Fusion platform will enable users to extract value in “minutes instead of months”.
“Data for sustainable investing is particularly challenging given its scale, inconsistency, and incompleteness,” he said. “We are pleased to work with our providers to deliver a unique and transformative solution for investors.”
Simon MacMahon, global head of ESG products and research at Morningstar Sustainalytics added: “We are pleased to support J.P. Morgan’s commitment to providing investors with high-quality sustainable investment data via Fusion. With access to industry-leading datasets, including Sustainalytics’ ESG Risk Ratings and Low Carbon Transition Ratings, clients can address their most relevant investment risk considerations.”
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