To better help asset managers of European funds be prepared for the upcoming compliance requirements and regulatory disclosure obligations under the Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader Broadridge Financial Solutions, Inc. has launched a new Environmental, Social and Governance (ESG) reporting solution. The new solution, which enables disclosure through the European ESG Template (EET), is a timely expansion of Broadridge’s multi-jurisdictional regulatory fund reporting suite used by asset managers globally. The end-to-end EET outsourcing solution has rigorous evidential control systems to support asset managers from pre-production through to dissemination, providing complete support for all aspects of the EET, encompassing composition, ongoing maintenance, and dissemination to distribution channels. With a track record of over two decades of subject matter expertise, the solution is based on already established processes for managing regulatory reporting for funds and an existing dissemination network to industry end points.
Developed through several Client Working Group sessions to ensure that it has the benefit of various industry perspectives, the Broadridge managed solution for EET will enable industry participants to be compliant by the deadlines with relative ease. It’s an easy addition to existing Broadridge services, including European PRIIPs Template, European MiFID Template, Solvency II Tripartite Template, and many more across the European jurisdictions, delivered from its centralized data platform and regulatory services platform. Broadridge Financial Solutions, a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion of equities, fixed income, and other securities globally.