Oxford Risk awarded place in the Global ESG FinTech100 for second consecutive year
For the second consecutive year, Oxford Risk has been included in the Global ESG FinTech100 list.
The updated 2023 list is the second annual edition of the ESGFinTech100 announced today by FinTech Global, a FinTech news, insights and analysis specialist. This prestigious accolade places a spotlight on the world’s most innovative and powerful technology solutions that were able to evidence their suitability and efficacy in supporting clients in meeting environmental, social, and governance challenges across the globe.
A growing trend in consumer demand for accessibility to and for ESG solutions from global financial institutions, banks, and wealth managers has increased opportunity but also regulatory implications for firms. According to data from FinTech Global, the ESG FinTech sector has seen massive growth in deal activity throughout 2022 of 46%, compared to 2021.
Senior industry experts and analysts from across the globe comprised a panel that assessed more than 500 submissions from tech companies for the ESG FinTech100, selecting Oxford Risk for the second year in a row. This prompted Oxford Risk’s Chief Client Officer, James Pereira-Stubbs to comment, “Securing our position on this globally recognised list for the second consecutive year is real reason for celebration. It not only bolsters confidence in our clients and partners but offers independent verification of Oxford Risk’s position as a best in class supplier of risk suitability solutions to the financial services. We’re delighted to provide valued solutions that help our clients increase assets under management, better engage their investors, and provide regulatory peace of mind.”
FinTech Global's Director, Richard Sachar, commented, "With the impending deadline of ESRS and many other ESG regulations currently in the works around the world, it is clear that ESG is not a passing phase. Pressures are only going to increase for financial institutions, and greenwashing will bring financial and reputational damage.
“The ESGFinTech100 roster helps senior management to identify the ESG tech companies that are leading the pack. The detailed company profiles provide insights into how solutions work, the problems they solve, operational regions and much more. This is an essential guide for any firm committed to meet net zero targets.”
A full list of the ESGFinTech100 can be found at www.ESGFinTech100.com. More detailed information about the companies is available to download for free on the website.
Find out more about how Oxford Risk is helping wealth managers, banks, and financial institutions meet the ESG demands of their clients and the regulator through the use of technology by reading our guide, ESG: The Compelling & The Compliant.