NEW YORK, Oct. 13, 2021 /PRNewswire/ -- In order to
meet the growing demand for environmental, social and governance
(ESG) analysis from investors and advisors, global Fintech leader
Broadridge today announced an enhancement to its Fi360 Fiduciary
Focus ToolkitTM, allowing financial advisors to leverage
ESG rating data from OWL Analytics when evaluating investment
decisions.
"Interest in ESG investments is accelerating among U.S.
investors and they are looking to advisors and plan sponsors to
provide the desired products to meet their financial and personal
goals. This is both an opportunity and a challenge for fiduciary
advisors," said John Faustino, Head
of Broadridge's fiduciary certification and training solutions. "It
is a natural evolution of the Fiduciary Focus Toolkit to help
advisors identify ESG exposures that align with sound fiduciary due
diligence."
The Fiduciary Focus Toolkit, a web-based software solution that
provides analytical, management and reporting features for
investment managers, enables advisors to implement a prudent
investment process. Through this enhancement, advisors can use the
ESG scoring as standalone screening criteria or in conjunction with
other metrics like returns, alpha or the Fi360 Fiduciary
Score®, giving advisors the ability to search for and
monitor funds on pecuniary merit first and then overlay the ESG
screening.
ESG ratings from OWL Analytics will automatically update for
advisors monthly within the Fiduciary Focus Toolkit. Investments
are scored for overall ESG factors as well as the individual
environmental, social and governance level so advisors can perform
the analysis based on what's important to the client or retirement
plan.
"OWL Analytics is on a mission to empower financial
professionals with up-to-date, unbiased ESG analytics," said
Benjamin Webster, CEO and President,
OWL Analytics. "We are thrilled to fuel the Fiduciary Focus Toolkit
with ESG ratings because it broadens access by giving fiduciaries
the opportunity and flexibility to make ESG a part of their
investment screening process."
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with $5
billion in revenues, provides the critical infrastructure
that powers investing, corporate governance, and communications to
enable better financial lives. We deliver technology-driven
solutions that drive business transformation for banks,
broker-dealers, asset and wealth managers and public companies.
Broadridge's infrastructure serves as a global communications hub
enabling corporate governance by linking thousands of public
companies and mutual funds to tens of millions of individual and
institutional investors around the world. Our technology and
operations platforms underpin the daily trading of more than U.S.
$9 trillion of equities, fixed income
and other securities globally. A certified Great Place to
Work®, Broadridge is part of the S&P 500®
Index, employing over 13,000 associates in 21 countries. For more
information about us please visit broadridge.com.
About OWL Analytics
OWL Analytics is a data and
analytics provider that offers environmental, social, and
governance (ESG) and socially responsible investing (SRI) metrics
on global equities, corporate bonds, mutual funds, ETFs, and other
fund products. Founded in 2012, our clients are some of the largest
global banks, asset managers, asset owners, and indexing companies
in the world. They turn to OWL for a diverse range of ESG products
and customized solutions, helping them meet their sustainability
mandates as they expand and evolve. For more information, visit
www.owlanalytics.net.
Media Contacts:
Matthew
Luongo
Prosek Partners
+1 646.818.9279
mluongo@prosek.com
Linda Namias
Broadridge Financial Solutions
+1 631.254.7711
Linda.Namias@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.