now loading...
Wealth Asia Connect Middle East Treasury & Capital Markets Europe ESG Forum TechTalk
Regulations / TechTalk
Temenos, MAS to advance sustainable finance
Banking software vendor, Gprnt platform to collaborate on tech solutions for ESG data
The Asset 17 Nov 2023

Swiss software firm Temenos and Gprnt – a new integrated digital platform launched by the Monetary Authority of Singapore (MAS) – have agreed to collaborate on technology solutions, explore data integration and foster product development innovation capable of powering the future of sustainable finance.

Temenos, the first core banking software vendor to collaborate with Gprnt, will join the MAS and partners on the ESG Stage at the Singapore FinTech Festival 2023 to discuss the potential opportunities that Gprnt will open up to better support financial institutions’ balance sheet decarbonization, ESG (environmental, social and governance) risk management and regulatory compliance needs.

Gprnt is the culmination of the MAS’ Project Greenprint and aims to address financial sector and real economy’s needs in collecting and accessing trusted climate- and sustainability-related data.

Potential product co-development use cases with Temenos include enhanced know-your-customer capabilities that takes ESG data from verifiable sources through Gprnt platform and feeds it directly into bank client onboarding systems.

Temenos ESG Investing solution helps banks meet reporting standards while offering products that allow their customers to choose investments based around their own values. The solution tops global indices and ratings, including a Triple-A MSCI ESG rating and a top ranking in Dow Jones Sustainability Indices. As well, it is the only banking technology company to have ambitious carbon emissions reductions validated by the Science-Based Targets Initiative.

“Technology is a key enabler for financial institutions to surmount the challenges of green transition and achieve their net-zero targets,” says Sopnendu Mohanty, MAS chief fintech officer. “Temenos is a global name in developing banking platforms, and we are delighted to have them onboard Gprnt to cooperate on initiatives to power the financial sector’s mounting need for better sustainable finance solutions.”

 

Conversation
Yifan Hu
Yifan Hu
regional chief investment officer & head macroeconomics APAC
UBS Global Wealth Management
- JOINED THE EVENT -
17th Asia Bond Markets Summit - China Edition
Rebalancing in the transition journey
View Highlights
Conversation
Cora G. Dizon
Cora G. Dizon
CFO and treasurer compliance officer
AC Energy
- JOINED THE EVENT -
4th ESG Summit - Webinar series
Rising Expectations
Part 2 - Towards a green recovery
View Highlights