ESG–ready ecosystem for a UK-based asset management firm | Case study

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Overview

Mindtree partnered with a UK-based global asset management firm in building an ESG analytics platform as part of the client’s three-year ESG integration roadmap. Mindtree assessed the ESG data (carbon footprint, greenhouse gas emission) modelling in the enterprise data lake, and re-architected the existing enterprise data infrastructure to model the ESG factors data set.

Customer’s vision and requirement

Unprecedented global challenges surrounding climate-related events, user investment preferences, societal changes, privacy and data security considerations coupled with regulatory pressures are resulting in defining ESG investment strategies and products, as the market and ecosystem evolves. The client’s vision was to streamline the ESG factors data integration and automate reporting across asset classes – Equities/Fixed income/Alternatives, and reduce manual effort. The vision was also to re-architect the existing enterprise data infrastructure to create a strong data foundation to realize future use cases and meet evolving regulatory requirements.

Solution

Mindtree performed domain-led data consulting to assess the ESG data (carbon footprint, greenhouse gas emission) modelling in the enterprise data lake.
Outlined the ESG factors integration across investment classes – equities / fixed income / alternatives
Re-architected the existing enterprise data infrastructure to model the ESG factors data set.
Built the API framework for end-user ESG data consumption to generate ESG analytics, sales, distribution and other investments.
Designed the architecture to mastering external (vendor) and strategic ESG datasets in the data lake along with regular security data.
Extended the existing data lake on Azure to create a central data hub.

Business Benefits

The scalable platform is aimed to deliver the responsible alpha by embedding ESG factors in the client’s investment model.
Delivered end-to-end ESG integrated investment, products (funds) and distribution strategy, allowing the company to remain competitive in the market.
Aligned ESG framework with – TCFD, SASB, EU SFDR Level 1 - non-financial reporting directive (NFRD), taxonomy regulations, and nurtured ESG investing capabilities.
Automated ESG reports for key clients worth GBP 250 billion.
ESG data tools and climate scenario modeling tools made available for 400+ users in equity, fixed income and quants teams.
50% reduction in time spent on ingestion and generation of reports.