Fintech solution Know Your Funds – one of two fintech’s selected by PIMFA WealthTech to present to delegates at the Morningstar Investment Conference yesterday (1 May 2024) – has been named alongside fellow fintech Propelle by delegates.

PIMFA WealthTech, the market network and technology platform supported by principal strategic partner Morningstar, a leading provider of independent investment insights, has selected the Know Your Funds and fellow fintech, Instinct Digital Ltd, to present to wealth management delegates in the early breakfast session at the Morningstar Investment Conference following a competitive ‘Tech Sprint’ and were among 12 fintechs demonstrating their solutions to around 70 delegates from the wealth management and advice industry. Both Know Your Funds and Instinct Digital Studio gave impressive presentations of their solutions’ capabilities, which are focused on Environmental, Social and Governance (ESG) reporting, verification and disclosure processes in the sustainable finance sector.

Know Your Funds won over delegates with its solution that enables wealth managers to drill down into ESG funds at a granular level enabling them to truly interrogate the investment fund and fully understand what assets it contains, thereby enabling them to align investments with their client’s values.

Following the publication of the FCA’s long awaited PS23/16 “Sustainable Disclosure Requirements (SDR) and investment labels” on 28th November, UK-authorised investment firms are facing a paradigm shift in regulatory compliance and reporting when it comes to sustainable finance. In the face of these changes, it is imperative that asset and wealth managers start to plan for, and implement, strategic technological solutions for the new regulatory landscape as opposed to short-term tactical fixes.

Investment strategy builder application, Stratiphy has obtained new approval from the Financial Conduct Authority (FCA), which enables the company to manage investments on behalf of clients, as well as automating trading activities based on individual principles, objectives and preferences. 

Droit, a technology firm at the forefront of computational law and regulation, will partner with FINBOURNE Technology, a provider of cloud-based investment data management software, to launch an end-to-end position reporting solution for increased regulatory transparency.