The opinion of the Spanish Financial Forum members

For the first edition of the Spanish Fund Forum Magazine, Israel Cuesta, Senior Business & Relationship Development Manager at Fundsquare, shares his view on new substainability standard.


How is the financial services industry dealing with the new sustainability standards?

Israel Cuesta, Fundsquare

Israel Cuesta, Senior Business & Relationship Development Manager, Fundsquare

From an investor and a regulatory perspective, the financial product ‘manufacturers’ and ‘distributors’ are confronted with a suite of rapidly changing standards and expectations. The EU has elevated sustainability to be a key goal in their political agenda.

Fundsquare, main data hub for Luxembourg domiciled funds, although not directly impacted by ESG, works with clients within the financial industry to support their transition to these new standards.

Our information and regulatory service offering is in direct compliance with evolving ESG guidelines, and we are currently enhancing our operations with the addition of new partnerships. The combination of Fundsquare’s data backbone and our partners’ value-added services present a near complete coverage of the entire fund life cycle. This privileged position allows us to properly apprehend to new ESG standards in data collection and dissemination to provide an enhanced client experience to our clients.

Magazine of the Spanish Financial Forum in Luxembourg, April 2021

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