Act Analytics and Black Diamond Offer Platform Integration for Better ESG Portfolio Data
ESG investment analytics platform provider Act Analytics announced a new technology integration partnership with SS&C Advent’s Black Diamond Wealth Platform. By integrating the platforms, the companies aim to help investment advisors to better manage Environmental, Social and Governance (ESG) portfolios for their clients.
The arrangement will provide enhanced functionality to advisors using both systems, enabling them to automatically download existing portfolios and accounts from Black Diamond into the comprehensive ESG analytical framework in Act Analytics. Advisors will be better able to manage ESG portfolios for their clients, with the ability to easily compare and contrast portfolios with benchmarks from more than 200 ESG factors across 100,000 mutual funds and ETFs, and more than 20,000 publicly traded securities. With this data at their fingertips, advisors will also be able to generate trade opportunities and report on both individual and overall ESG scores.
Commenting on the benefits of the new partnership, Mike Unwin, CEO and co-founder of Act Analytics said:
“We are excited to partner with Black Diamond to enable their users to leverage our industry-leading ESG analytical tools to help advisors better align their clients’ values with their investments. In times of market volatility, it is extremely important for advisors to be able to demonstrate they are taking a progressive approach to mitigating risk and delivering on their fiduciary responsibilities.”
Eli George, VP Global Data & Partnerships, SS&C Advent, added:
“We continue to evaluate new integration partners for Black Diamond to enhance the value of the platform for both advisors and their clients. Act Analytics is the first ESG analytic platform we are working with and we expect a tremendous pick up as ESG investing is a valuable way for advisors to enhance their portfolio management services.”