Digiterre, a software and data engineering consultancy, today announced that it has partnered with BITA Risk, part of corfinancial, a financial services software and services group, to build the Environmental, Social and Governance (ESG) functionality for BITA Risk’s BITA Wealth platform. 

BITA Wealth is a platform for private wealth managers, investment advisors and quant teams used to construct, analyse, monitor and report on client portfolios.  With the ESG Manager module, investment professionals can screen investments by ESG factors to better understand exposures and check conflicts with client preferences.  Advisors can also assess the impact of making changes to meet sustainable preferences on risk, yield and return through portfolio ‘what-if’ analysis. 

Digiterre is providing advanced software and data engineering services to develop the data screening and management functionality for the ESG Manager module. 

Ian Murrin, CEO and Founder, Digiterre, said: “We are delighted to collaborate with corfinancial to help build a technology solution for investment managers and asset owners who increasingly demand integration of ESG factors into their investment processes.  ESG data assessment and screening, across client preference capture, and portfolio modelling and reporting, requires advanced data transformation solutions to the challenges of ESG data silos, volume, value, fidelity and timeliness.  We look forward to extending the partnership as we continue to support corfinancial with complex, real-time data management as BITA Wealth is developed, deployed and operated at scale.”

Bruce Hobson, CEO, corfinancial, said: “ESG data screening and management is a key barrier to the widespread adoption of sustainable investing. The combination of our wealth management expertise and Digiterre’s renown in the areas of data engineering and utilisation is resulting in a compelling proposition.  We look forward to extending the partnership with Digiterre that began with our Paragon fixed income accounting platform.”

For more information, visit www.digiterre.com