BankingBusiness

Avaloq: Launches comprehensive ESG investment solution

  • Avaloq is a Swiss company that develops and provides software for core banking
  • Launched a sophisticated ESG investment solution for banks that allows them to build tailored, personalized ESG-compliant portfolios for clients
  • The solution launched at a time of record growth and increasing demand from clients for ESG exposure
  • It also ensures compliance, for companies operating in the European Union, with the upcoming amendment of MiFID II
  • The market is forecast to grow further as regulators begin to focus on ESG and continue to promote key issues to the top of the corporate agenda
  • In addition, the company announced its greenhouse gas emissions in 2019 fell by 9% compared to 2018
Previous article
Riverside.fm: Raises $2.5M in Funding
Next article
Finxact: Announced the addition of two new Marketplace members
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets. Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe. Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy. Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment. Highlights: Mastercard is seeking to sell...