Customer data is more complex than ever before, and financial institutions must have a way to collect, process, store and access information quickly. GreenFi ESG Customer Master is an Enterprise Data Management (EDM) tool which acts as a global entity master. It links customers and counterparties, along with employees, branches, contacts, addresses, accounts, products.
GreenFi Customer Master is the standardized reference ESG data repository for all of your customer and counterparty data. It creates and maintains a single view of customer & counterparty ESG data sourced from multiple systems with the ability to audit, control, and manage all client related information – ensuring that all links and relationships are completely transparent.
Customer Master can capture all of the data around:
- Legal entities
- Corporate hierarchy
- Operational information
- Link instrument and entity information for comprehensive ESG risk and exposure management, as well as compliance and regulatory imperatives.
Benefits of the Customer Master Module
- Support ESG disclosures and client on-boarding reporting workflows.
- Can be deployed as the central counterparty data repository to support ESG reporting, data collection and monitoring.
- Full Data Lifecycle, including data acquisition, data cleansing, data normalization, data validation, data enrichment, and data distribution.
- Data administration, workflow, ESG incident monitoring, and exception management capabilities.
- Unique real-time golden copy and completeness functions allow a flexible delivery of the right data at the right time to the right audience.
- Based on the single normalized GreenFi Data Model that enables new capabilities to be added or existing ones extended without the constraints encountered with ad-hoc or application-coupled data models.
- Integrated data on the relationships between issue and issuer, corporate hierarchies, ESG ratings and business exposure is available to any operational or financial control application.
- Built on a robust high-availability and real-time architecture which is cost-effectively scalable, open-based and easy to integrate and maintain.
- GreenFi Network Adaptor module makes it easy to access standard content from external sources. Pre-configured connections to leading data vendors, speed up integration, reduce project risk and implementation time.
Get a clear view of your entity data
Corporate entities can be issuers of securities, trading counterparties and also institutional customers and suppliers… GreenFi Entity Master overcomes the increasing complexity of entity-to-entity relationships. Don’t deal with fragmented data: get a clear overview of your client relationships.
Reduce risk and achieve competitive advantage with a centralized entity master
The difficulty firms have understanding their exposure to their counterparties was one of the most serious problems highlighted in ESG management. In spite of stringent regulatory developments, counterparty reporting and entity data quality continue to be major concerns.
The challenge is that entity-to-entity relationships are increasingly complex: corporate entities can be Issuers of securities, trading counterparties and also institutional customers. How can a firm get a clear overview of its client relationships when they are stored in such a fragmented way?
The answer is simple – firms need to link data into a single, centralized entity master.
The GreenFi Entity Master is the only Master Data Management (MDM) platform to manage instrument, counterparty and issuer data on a single platform.
By linking a single entity to its various roles and identifiers, efficiency and accuracy are achieved. Financial institutions have a clearer understanding of the relationships between their customers and counterparties.
Our solid entity master accessed via the LEI and multiple entity data sources is the foundation for understanding exposure to specific entities, including improved visibility and more rigorous risk management practices.
This unified approach to entity management facilitates data standardization and cross-referencing, resulting in:
- improved data quality
- reduced redundancy
- increased auditability
ESG Enabled
With ESG and sustainability driving a great deal of research, reporting and investment analysis, straightforward and accurate matching of legal entities with ESG data or scores is becoming critical. GreenFi Entity Master is ESG enabled, meaning it supports matching and mastering of ESG data.
Benefits of an ESG Enabled Entity Master
- A quick and efficient process to link related customers, suppliers, counterparties and issuers in a clean, corporate hierarchy.
- A single, consolidated and complete ESG view of each client, its various roles and relationships, and all related data across front, middle and back office operations.
- Ability to streamline your operations and interaction between multiple departments across the business.
- Facilitated compliance with existing and evolving regulations at client take-on and ongoing due diligence stages
- Cost savings, greater operational efficiency, reduced risk and better data quality.
- Opportunity to increase revenue generation through up-selling and cross-selling opportunities.
- Data visualization, reporting and analysis: end-user inquiry and analysis made easy with real-time dashboards and reports.
- Data vendor connections for plug-and-play content sourcing to facilitate automated loading and matching of Entity data.
Contact us to learn more and see the demo: hello@greenfi.ai
