Organisations around the world know that the significance of ESG is rising every day - and where once the E, the S and the G were initially separate, they are now being seen as collective initiative to achieve data standards.
Solidatus has been chosen by the UK Department for International Trade (DIT) as one of 11 UK-headquartered FinTech companies to join a virtual trade delegation to New York Climate Week from Monday, 20 September to Friday, 1 October 2021.
“We want to make data a better place”, says Philip Miller, Co-CEO at Solidatus. Joining EM360 to discuss some of the data challenges organisations are facing, Philip explains that it is the complexity surrounding data, and not the data itself, that is costing organisations huge amounts of time, money, and sometimes their reputation.
Solidatus Chief Data Officer Lorraine Waters recently chatted virtually with Nasdaq TradeTalks global markets reporter Jill Malandrino about the importance of ESG data and the role that data lineage is playing. Here are a few of her key takeaways:
Financial institutions are under pressure from regulators to automate their regulatory reporting which includes having effective and efficient tools in place. In recent years, there has been a significant increase in innovative projects from regulators, focusing on improving processes to reduce overheads through technology and data. In the near future, regulators will want to see a holistic and readily accessible view of the reporting process and the firm's granular data.