BNP Paribas Securities Services signs Italian pension fund onto its Manaos ESG marketplace
BNP Paribas Securities Services today announces that Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its Environmental, Social and Governance (ESG) data and analytics needs.
Fondo di Previdenza Mario Negri is the pension fund for managers of commercial and shipping and transport companies in Italy, holding EUR 3.9 billion in assets under management. The company will be using BNP Paribas Securities Services’ Manaos platform to source reliable ESG data and analyse the ESG performance of their investment portfolio.
Manaos, an open servicing platform designed for institutional investors to manage their post-trade investment data, partners with leading sustainability fintechs to give investors ready access to a wide range of ESG data and analytics tools. This means Manaos users can instantly access a wide range of data and analytics services for the production of ESG analytics and regulatory reports.
Now in its second year of operations, Manaos provides its clients with easy access to 10 ESG data and analytics providers, including Clarity AI, Util, Moody’s ESG, Greenomy, which leverages Sustainalytics’ data, OWL ESG Inc. and CDP (ex Carbon Disclosure Project), via its 36 apps. As well as helping investors calculate the overall ESG performance of their portfolios, the platform now also gives investors granular cross-provider ESG information on all their underlying funds.
Sébastien Messean, General Manager of Manaos, said: “We are delighted to welcome Mario Negri as a client on our Manaos platform. Sourcing ESG data and analytics tools can be complicated. Investors are looking for choice, flexibility and user-friendly tools and increasingly favouring multi provider models. This makes an ‘open-servicing’ marketplace model like Manaos a compelling option. The addition of new partners, services and ESG data sets on the Manaos marketplace, coupled with our data management capabilities, demonstrates our commitment to expanding our offering for the benefit of our clients.”
Antonella Portalupi, Chairman of the Board of Directors at Mario Negri Pension Fund, stated: “We are very pleased to have signed this agreement which will allow us to promptly monitor the alignment with the ESG criteria of our investment policy and to take the appropriate decisions for the future for a correct balance between financial risks and socio-environmental impact”