Cognizant today announces an agreement with Alveo to jointly offer a comprehensive Environmental, Social and Governance (ESG) data management solution to the financial services industry. The collaboration will offer firms the ability to operationalize ESG data, integrate it into business processes for better portfolio options and address the rapidly evolving regulatory environment.

Using its digital expertise and knowledge of clients’ business, Cognizant will provide data operations and technology services to support the implementation and management of Alveo’s ESG Data-as-a-Service (DaaS) solution. Alveo’s technology has built-in capabilities exclusive to the financial services industry, including mappings between data sources and regulatory requirements. Its platform provides clients with an overview of data operations as well as the ability to query and investigate ESG data, including complete lineage. With Cognizant’s help, these capabilities will be uniquely integrated into clients’ application landscapes, business workflows and reporting requirements.

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