Sustainability insights provider Matter announces strategic integration with leading automated regulatory documentation solution Qvonto to provide automated SFDR reporting for financial institutions.

Matter, a provider of ESG and sustainability insights, is proud to announce its strategic integration with Qvonto, who specialise in automated cloud solutions for production of high-quality regulatory documents for financial institutions. This integration marks a milestone in the world of regulatory reporting, as it reduces the compliance burden on financial institutions, empowering them to seamlessly generate automated sustainability reports and stay compliant with evolving sustainability regulations, including the EU Sustainable Finance Disclosure Regulation (SFDR).

In a rapidly changing regulatory landscape, financial institutions must be agile to adapt to reporting requirements, but this can come at a cost. The cost of compliance for financial services companies increased by 193% for financial services companies from 2011 to 2017 and is expected to increase by a further 30% over the next two years. At the top of mind for many financial institutions are requirements under SFDR, including the first round of reporting on entity-level Principal Adverse Impact indicators (PAIs).

The costs and complexity of acquiring and reporting on these can be considerable. The partnership between Matter and Qvonto harnesses Matter’s advanced ESG and sustainability insights, including Matter’s SFDR PAI data solution, and integrates it with Qvonto’s automated regulatory document production to create a seamless reporting process for financial institutions.

Qvonto’s platform for automated reporting, combined with Matter’s sustainability insights and data, creates a powerful synergy. Together, the strategic integration will enable financial institutions to effortlessly generate automated SFDR reports, meet regulatory requirements, enhance decision-making via access to high-quality ESG data, and increase transparency across their ESG approach.

Matter and Qvonto have collaborated to ensure an intuitive and user-friendly experience for financial institutions. This integration is a testament to both companies’ commitment to advancing sustainable finance and providing innovative solutions to meet the evolving needs of the industry.

“We are excited about the possibilities this integration unlocks for our clients,” said Christian Lysholm, Managing Partner & CCO of Qvonto. “It is a game-changer in the realm of sustainable finance regulatory reporting, as it simplifies the process, reduces the burden on financial institutions, and empowers them to play a pivotal role in shaping a more sustainable future.”

Niels Fibæk-Jensen, Co-Founder & CEO of Matter, added: “By combining our advanced ESG and sustainability data with Qvonto’s automated regulatory documentation capabilities, we help financial institutions automate a complex process and report more accurately. This integration will facilitate more responsible investment decisions and help align the financial sector with evolving sustainable finance regulation.”

The integration between Matter and Qvonto is now available to financial institutions via Qvonto’s platform.

About Matter

Matter is an ESG data and analytics company specialising in the provision of sustainability insights to the financial industry, based in Copenhagen. Matter offers a wide range of data and solutions that enable investors to better understand the sustainability of their investments beyond ESG ratings. Matter uses the power of collective intelligence and pioneering technology to provide insights that are granular, transparent, and accountable, representing the real-world impact of investments aligned to leading regulatory and industry-led frameworks, including SFDR and the United Nations Sustainable Development Goals. For more information on Matter, please visit thisismatter.com