3 key benefits of BIQH ESG Screening
Comprehensive data integration
Customizable business rules
Screening external portfolios
ESG Headache
Financial institutions often encounter what we refer to as the “ESG screening headache”, a challenge that arises from the need to consolidate numerous internal and external ESG data sources. This process can be full of complexities, including single-point failures that can disrupt the screening process. The BIQH ESG Screening Platform addresses these challenges head-on. By structuring and mapping all relevant ESG data—including exclusion lists, ESG ratings, and other vital ESG information—our platform delivers a clear, actionable pass or no-pass outcome. This not only ensures reliability and accuracy but also improves the efficiency of the screening process.
General ESG Screening challenges in the market
- Market Data Spaghetti: The tangled web of multiple data sources, interfaces, and formats that can lead to inefficiencies and errors.
- Single-point failures: Small issues in the data consolidation process can lead to significant disruptions, affecting decision-making and increasing risks.
- High costs and duplication: Manual processes and data duplication result in higher costs and inefficiencies.
- Lack of standardization: Diverse data sources and formats make it difficult to achieve consistency and accuracy.
- Regulatory compliance: Constantly evolving compliance and reporting requirements demand flexible and adaptive data solutions.
Addressing the ESG Screening challenges
- Structured data mapping: We consolidate and unify data from various sources into a consistent structure, reducing complexity and ensuring data integrity.
- Automated process: Our automated processes eliminate the risks of single-point failures, ensuring a more robust and reliable ESG screening.
- Reliable outcomes: Our platform delivers clear pass or no-pass decisions, mitigating the risks associated with single-point failures.
- Cost efficiency: By eliminating manual processes and data duplication, we lower costs and improve operational efficiency.
- Standardization and flexibility: Our solution adapts to changing regulatory requirements and supports various data formats and sources.
Our ESG Insight Award
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Get in touch!
Interested? Want more information, see more of the ESG Screening service, or have a chat? Get in touch!
- Let’s Chat: Have a chat to learn more about our ESG Screening service and how it can benefit your organization, with no obligations or commitments.
- See the Product: Schedule a demo to explore the features and benefits of the BIQH ESG Screening
- Start Small: We can explain our 3-step approach, where we begin with just one vendor or downstream application and show you how easy it is to integrate and manage your ESG data seamlessly.
