Northern Trust announced today that UK asset manager Redwheel is now using its data aggregator, developed by strategic partner, Equity Data Science, Inc., to improve the ability to integrate ESG in its investment activities. Founded in 2000 and formerly known as RWC Partners, Redwheel currently manages approximately US$19 billion for its clients.

The data aggregator leverages data science to help increase data accessibility while improving efficiency and improving collaboration between Redwheel’s investment teams and core commerce functions. With this tool, investment teams are better equipped to track and analyze third-party and proprietary ESG data throughout the investment lifecycle, with the platform providing a single view for integration. and ESG reporting.

“The insights we can derive from Northern Trust and EDS’ data aggregation tool enable us to use ESG data more effectively. By enhancing data accessibility, it becomes easier to integrate ESG considerations within both investment decision-making and client reporting,”

“Working in collaboration with the Northern Trust and EDS teams we have been able to harness the power of the tool’s flexible architecture, helping us make rapid progress towards our end goal which is to fully embed the tool within all investment and oversight processes to meet the evolving expectations of our clients.”

Chris Anker, Head of Sustainability at Redwheel.

“ESG is more important than ever for many investors but implementing it can be challenging in a dynamic market environment. Partnering with EDS to launch the ESG workflow solution was a significant step forward for us and our clients,”

“We have enabled our clients to more easily access their data while providing a new level of efficacy, which is a key tenet of our Whole Office™ strategy. Most importantly, we can provide a single source for data which is often difficult to obtain.”

Paul Fahey, Head of Investment Data Science at Northern Trust Asset Servicing.

“It is no secret that ESG data is increasingly being utilized within investment decision making but accessing that data can be time-consuming and inefficient,”

“The ESG workflow solution helps Redwheel integrate their ESG data and improve accessibility for their investment teams. Discussions continue between EDS and Redwheel regarding the development of additional capabilities which, if implemented, we hope will help to further improve their research management and portfolio construction decisions, enabling them to achieve their business and performance goals.”

Greg McCall, President of Equity Data Science.