PIMFA WealthTech, a market network and technology platform created with Morningstar, is inviting fintechs to demonstrate how their technologies can make a difference to ESG reporting and disclosure.
PIMFA WealthTech is seeking “high-growth, market-innovating scale-up firms”, which are typically post seed/series A funding.
Fintechs should have a demonstrable minimum viable product and, ideally, already be engaged with the financial services sector, although this is not essential.
They will also need to demonstrate how Morningstar datasets can be incorporated within their solutions, with a preference for solutions that utilise APIs, open data and AI.
A briefing session for chosen fintechs will be held on 20 March.
PIMFA, the trade association for the wealth management, investment services and the investment and financial advice industry, found last year in research with Alpha FMC that the ESG data market is becoming “increasingly challenging for firms to navigate”.
Richard Adler, executive director of PIMFA WealthTech, said: “ESG and sustainable finance is a top priority for PIMFA members, with the recent FCA sustainability disclosure requirements and investment labels policy a key step for increasing trust in sustainable investments.”
