Sébastien Messean, general manager at Manaos, explains that the data revolution will create more sustainability data and robust ratings.
As part of its coverage of Sibos 2022 in Amsterdam, Funds Europe has reached out to financial experts on key topics at the conference. Read more analysis here.
Artificial intelligence and machine learning, computational strengthening and increased global connectivity are driving what many are calling the “big data revolution”. What is the big data revolution’s impact on ESG?
“ESG is a great example to show how the good old spreadsheet approach whereby investors aggregate databases and create value out of manual computations is no longer viable.
“A direct result of the use of AI and connectivity-enhancing technologies is more complete sustainability data and, in turn, more robust ratings. The big data revolution also introduces a raise in the speed and scale at which data can be collected, used and turned into a competitive advantage.
“Interestingly, while trying to overcome challenges around data availability, investors recognise they can no longer rely on single sources of truth.
“They will have to focus less on the choice of raw datasets and more on the tools to draw clarity from the aggregation of a variety of datasets, methodologies and thematic analysis”.
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