JTC Partners With Novata To Enhance Sustainability Services

JTC, a listed international professional services group, has formed a strategic partnership with Novata, a technology company that specializes in sustainability, to broaden its sustainability services for asset managers and investors. The partnership unites JTC's extensive experience in advisory and compliance with Novata's AI-powered sustainability platform, offering clients sophisticated solutions to manage intricate sustainability regulations and enhance reporting accuracy.

With growing global focus on sustainable investing and regulatory requirements, asset managers are increasingly struggling with gathering, handling, and reporting ESG (Environmental, Social, and Governance) data. The collaboration between JTC and Novata is designed to solve these issues by combining state-of-the-art technology with experienced advisory services. Using Novata's automation platforms and JTC's sectoral expertise, clients will benefit from an effortless and streamlined process of ESG reporting, carbon accounting, and keeping pace with changing sustainability regulations.

Novata, which currently facilitates a staggering US$12 trillion in assets, is a highly respected brand in sustainability technology. Through the use of Novata's AI-powered platform, JTC will offer its clients more efficient and scalable sustainability solutions. The partnership will enable asset managers not only to satisfy regulatory demands but also monitor their ESG performance more efficiently. With the regulatory environment constantly changing, the demand for precise and trustworthy sustainability information has never been higher. This collaboration guarantees that asset managers and investors are able to fulfill these requirements with confidence, leveraging sophisticated automation technology to streamline ESG data gathering and boost compliance efforts.

David Vieira, JTC Group Head of Sustainability Services, highlighted the importance of this alliance, pointing out how it supports JTC's goal of delivering best-in-class sustainability solutions to customers globally. "Our rapidly expanding Sustainability Services business has been on the lookout for the ideal technology-enabled partner to complement our in-depth advisory, regulatory compliance, and reporting expertise.". In Novata, we have uncovered both technology platform and team that are as committed to client service excellence as we are," he said. Vieira's comments highlight the value of marrying technology innovation with human know-how to create significant sustainability results.

Conor O'Laoire, Novata's Head of Partnerships, confirmed these, emphasizing the need for both technology and advisory expertise amidst increasing regulatory complexity. "The increasing sophistication of sustainability regulation and reporting demand both human and technology capability. Our alliance with JTC provides market-leading solutions that integrate both sustainability technology and advisory expertise for international clients," O'Laoire said. His words echo Novata's aim to equip asset managers with the capabilities they require to realize their long-term sustainability objectives.

The financial industry is experiencing a remarkable shift as considerations of sustainability are becoming core to investment strategy. Regulators globally are ratcheting up ESG disclosure expectations, prompting asset managers to move towards more transparent and data-centric methods. Here, the JTC-Novata alliance comes at a most opportune moment, providing an answer that is not only compliance-focused but also elevates general ESG performance measurement. By bringing Novata's next-generation platform into its advisory services, JTC solidifies its reputation as a top sustainability advisory firm, with access to the most cutting-edge technology to assist clients in their ESG journeys.

In addition to regulatory compliance, the agreement also opens the door for asset managers to embrace more sustainable investment strategies. Through the use of Novata's AI-powered insights, JTC's clients will be better placed to make more effective decisions, uncover ESG risks and opportunities, and reconcile investments with sustainability objectives. With investors increasingly favoring companies with sound ESG records, access to reliable, real-time information will be key to being competitive in the market.

The partnership of Novata with JTC represents an industry-wide phenomenon, with sustainability solutions provided through technology being adopted by the financial services sector at large. Failure to catch on will mean these companies get left behind, and those who commit to using digital ESG technologies will find an edge over others. With Novata's automation strength and JTC's advisory capabilities, the partnership guarantees clients have access to the best of both worlds—a robust technology platform combined with industry-leading compliance and reporting expertise.

With sustainability at the forefront of shaping the asset management industry's future, collaborations such as the one between JTC and Novata will be pivotal in pushing forward industry-wide developments. By providing asset managers with the capabilities they require to manage the intricacies of ESG reporting, this partnership establishes a new benchmark for sustainability services. Through JTC's international presence and Novata's cutting-edge technology, the partnership has the potential to leave a lasting imprint on how asset managers implement sustainability within their practices.

The strategic partnership between JTC and Novata reflects the need to combine innovative technology with specialist expertise in the new world of sustainability. By providing asset managers with a full range of ESG solutions, the partnership equips them to satisfy regulatory needs, monitor their ESG performance, and fulfill their long-term sustainability goals. With the increasing need for sustainable investing, such partnerships will play a key role in defining the future of responsible finance.