Platform engine provider FNZ has invested an undisclosed sum in ESG impact data and analytics firm GIST.

The investment is part of a partnership to integrate GIST’s data with FNZ’s solutions.

It follows the launch of FNZ Impact, a service integrated with the FNZ wealth management platform, which provides clients with personalised information on the environmental and social impacts of investments.

GIST uses science-based, comparable and verifiable measures of corporate impact and performance to scrutinise corporate ESG credentials.

Dr Vian Sharif, head of sustainability at FNZ, said: “The imperative for robust, science-based impact data has never been stronger, particularly ahead of a number of global regulatory changes, which require investment firms and advisers to incorporate clients’ ESG preferences into their suitability assessments.

“In GIST, we believe we’ve found not only one of the most rigorous and transparent methodologies in the market, but a company and team with a mission aligned strongly to our own and whose growth we are excited to support.”

GIST was founded in 2011 and employs over 100 people in offices in Geneva, London, Mumbai and Singapore.