RISC Vision and RSM UK have announced their partnership has earned them a place on the Digital Sandbox Sustainability Cohort.
The Sandbox was launched by the Financial Conduct Authority (FCA) and the City of London Corporation to support innovation in financial services.
The Sustainability Cohort focuses on products and solutions that will aid the transition to a net zero economy, mainly in addressing industry challenges to ESG (environmental, social and governance) data and disclosures.
RISC Vision enables a variety of customers – from investors, lenders, insurers and regulators to benchmark index providers and net-zero transition analysts – to securely capture, verify, audit and assure disparate ESG datasets and provides evidential documentation for investment mandate compliance and regulatory reporting.
In selecting RISC Vision and RSM for the Cohort, the FCA said that the application “demonstrated a genuinely innovative idea.”
Matthew Nelson, founder of RISC Vision, said: “We’re very excited to be working with RSM, the FCA and City of London to show that RISC Vision’s proven technology works for the new challenge of ESG compliance.”
Peter Allen, partner and co-head of financial services for RSM UK added: “Our clients will need the means to verify that ESG compliance statements are what they say they are. RISC Vision’s innovative technology aims to provide that assurance and we look forward to working with them and the FCA to bring it to market.”