BNP Paribas Securities Services today announces that Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its Environmental, Social and Governance (ESG) data and analytics needs.
Fondo di Previdenza Mario Negri is the pension fund for managers of commercial and shipping and transport companies in Italy, holding EUR 3.9 billion in assets under management. The company will be using BNP Paribas Securities Services’ Manaos platform to source reliable ESG data and analyse the ESG performance of their investment portfolio.
Manaos, an open servicing platform designed for institutional investors to manage their post-trade investment data, partners with leading sustainability fintechs to give investors ready access to a wide range of ESG data and analytics tools. This means Manaos users can instantly access a wide range of data and analytics services for the production of ESG analytics and regulatory reports.
Now in its second year of operations, Manaos provides its clients with easy access to 10 ESG data and analytics providers, including Clarity AI, Util, Moody’s ESG, Greenomy, which leverages Sustainalytics’ data, OWL ESG Inc. and CDP (ex Carbon Disclosure Project), via its 36 apps. As well as helping investors calculate the overall ESG performance of their portfolios, the platform now also gives investors granular cross-provider ESG information on all their underlying funds.
Sébastien Messean, General Manager of Manaos, said: “We are delighted to welcome Mario Negri as a client on our Manaos platform. Sourcing ESG data and analytics tools can be complicated. Investors are looking for choice, flexibility and user-friendly tools and increasingly favouring multi provider models. This makes an ‘open-servicing’ marketplace model like Manaos a compelling option. The addition of new partners, services and ESG data sets on the Manaos marketplace, coupled with our data management capabilities, demonstrates our commitment to expanding our offering for the benefit of our clients.”
Antonella Portalupi, Chairman of the Board of Directors at Mario Negri Pension Fund, stated: “We are very pleased to have signed this agreement which will allow us to promptly monitor the alignment with the ESG criteria of our investment policy and to take the appropriate decisions for the future for a correct balance between financial risks and socio-environmental impact”
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About BNP Paribas Securities Services (securities.cib.bnpparibas)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
About Manaos (manaos.com)
Developed for the asset management industry by AELX SAS, a technology subsidiary of BNP Paribas Securities Services, Manaos provides a swift and easy connection between investors, asset managers, and a panel of carefully-selected fintechs and regtechs. This facilitates fund inventory collection and data standardisation and allows users to look through their portfolios for full transparency on their investments. Manaos operates according to bank-level, industry security standards.
The information contained within this document (‘information’) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services’ judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request.
BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and the AMF (Autorité des Marchés Financiers).
In the UK, BNP Paribas Securities Services is authorised and regulated by the European Central Bank and the Autorité de Contrôle Prudentiel et de Résolution. Deemed authorised by the Prudential Regulation Authority and with deemed variation of permission. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. BNP Paribas Securities Services London Branch is registered in the UK under number FC023666. UK establishment number: BR006393. UK establishment office address: 10 Harewood Avenue, London NW1 6AA.
In the U.S., BNP Paribas Securities Services is a business line of BNP Paribas which is incorporated in France with limited liability. Services provided under this business line, including the services described in this document, if offered in the U.S., are offered through BNP Paribas acting through its New York Branch (which is duly authorised and licensed by the State of New York Department of Financial Services) or BNP Paribas Financial Services LLC, a limited liability company organised under the laws of the State of Delaware; if a securities product, through BNP Paribas Securities Corp. which is a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC and the Financial Industry Regulatory Authority; or if a futures product through BNP Paribas Securities Corp., a Futures Commission Merchant registered with the Commodities Futures Trading Commission and a member of the National Futures Association.