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Avaloq: Launches comprehensive ESG investment solution | Fintech InShorts: Latest fintech news, analysis by experts

Avaloq: Launches comprehensive ESG investment solution

  • Avaloq is a Swiss company that develops and provides software for core banking
  • Launched a sophisticated ESG investment solution for banks that allows them to build tailored, personalized ESG-compliant portfolios for clients
  • The solution launched at a time of record growth and increasing demand from clients for ESG exposure
  • It also ensures compliance, for companies operating in the European Union, with the upcoming amendment of MiFID II
  • The market is forecast to grow further as regulators begin to focus on ESG and continue to promote key issues to the top of the corporate agenda
  • In addition, the company announced its greenhouse gas emissions in 2019 fell by 9% compared to 2018

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