ICE and Confluence to Offer Integrated ESG Solution for Enhanced SFDR Compliance Reporting
September 27 2022 - 7:30AM
Business Wire
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
provider of data, technology, and market infrastructure, and
Confluence, a global leader in analytics and regulatory compliance
reporting solutions for the investment management industry,
announced that Confluence will leverage ICE’s Environmental, Social
and Governance (ESG) data as part of its ESG Sustainable Finance
Disclosure Regulation (SFDR) solution, bringing clients a single
service that is designed to reduce the time and money needed to
comply with this regulation.
The combination of Confluence’s ESG Solutions and ICE’s SFDR
data equips asset managers with a comprehensive compliance
reporting solution to help manage and meet regulatory requirements.
ICE’s data solution, part of its broader ESG data set, offers
updated, granular values and event-triggered updates for the
Principal Adverse Indicators (PAI) on equity securities and more
than 1.4 million fixed income securities of over 16,000 distinct
corporate and sovereign entities.
“We are pleased to continue to work with Confluence to bring our
ESG data together with their software to provide an integrated
offering for customers,” said Anthony Belcher, VP, Sustainable
Finance at ICE. “This seamless combination brings front-to-back
office ESG performance analytics and compliance reporting to the
investment management industry, helping customers address complex
regulatory requirements without the need to spend time and money
integrating data with a reporting solution.”
“With increasing demands for ESG data and insights, Confluence
ESG Solutions integrated with ICE ESG data are uniquely positioned
to offer greater ESG portfolio insights and help clients meet
regulatory compliance requirements,” said Damian Handzy, Managing
Director of Performance, Risk and Analytics at Confluence. “We are
excited about this partnership for the operational efficiency gains
in front-to-back offices it can bring to our asset manager and
asset servicer clients.”
This announcement follows ICE and Confluence’s previous
agreement to help firms meet SEC modernization reporting
requirements in 2018.
ICE solutions help customers meet various finance regulatory
requirements across geographies and asset classes. To learn more,
please visit:
https://www.ice.com/market-data/regulation/esg-support.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500
company that designs, builds and operates digital networks to
connect people to opportunity. We provide financial technology and
data services across major asset classes that offer our customers
access to mission-critical workflow tools that increase
transparency and operational efficiencies. We operate exchanges,
including the New York Stock Exchange, and clearing houses that
help people invest, raise capital and manage risk across multiple
asset classes. Our comprehensive fixed income data services and
execution capabilities provide information, analytics and platforms
that help our customers capitalize on opportunities and operate
more efficiently. At ICE Mortgage Technology, we are transforming
and digitizing the U.S. residential mortgage process, from consumer
engagement through loan registration. Together, we transform,
streamline and automate industries to connect our customers to
opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its
affiliates is located here. Other products, services, or company
names mentioned herein are the property of, and may be the service
mark or trademark of, their respective owners. Key Information
Documents for certain products covered by the EU Packaged Retail
and Insurance-based Investment Products Regulation can be accessed
on the relevant exchange website under the heading “Key Information
Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2021, as
filed with the SEC on February 3, 2022.
SOURCE: Intercontinental Exchange
ICE-CORP
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version on businesswire.com: https://www.businesswire.com/news/home/20220927005421/en/
ICE Media Contact: Damon Leavell damon.leavell@ice.com
(212) 323-8587 media@ice.com
ICE Investor Contact: Katia Gonzalez
katia.gonzalez@ice.com (678) 981-3882 investors@ice.com
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