Banks & FSI can deliver a sustainable ESG investment policy by more sophisticated data management practices

Banks and other FSI businesses are having to acknowledge the reality of embedding a sustainable ESG strategy in their business practices and reporting. In order to do this successfully they require access to data from a myriad of structured and unstructured sources. More importantly, they need to be able to do this in real-time, as well as to store and analyze the data to make informed decisions.

The challenge of doing this has been significantly improved by the development of SoftServe’s ESG Platform. This solution aggregates and distributes all relevant data from the ESG Ecosystem to enable FSI businesses to not only deliver an ESG strategy, but to demonstrate to shareholders and regulators that they are doing so.

Environmental, Social, and Corporate Governance (ESG) is an approach to evaluating the extent to which a corporation works to achieve social goals beyond the role of maximizing profits for shareholders.

Financial performance is for many therefore no longer the sole component of an effective organization. Instead, companies are held accountable for the various outcomes they generate besides material returns during the past several decades.

Our ESG Ecosystem solution on a cloud-based platform is a set of services that cover the technical and business challenges of the ESG environment, including:

  • Collection and analysis of structured and unstructured data
  • NLP analysis of non-structured data
  • The impact analysis of ESG-related incidents
  • Scoring and conversion of qualitative factors into quantitative price (risk) related measures

SoftServe utilizes NVIDIA-based architecture to transform the ESG analysis process into a real-time and straight-through processing (STP) process.