First Rate, a leading provider of financial service solutions to the wealth management industry, announced the selection of investment analytics company FinMason to provide ESG data. FinMason will deliver the data from its redistribution partner, ESG-focused alternative data company OWL Analytics, via its proprietary FinRiver API.

Bo McWilliams, Chief Technology Officer of First Rate, said:

“We’re excited to be bringing ESG data to our users, enabling them to paint a more holistic picture of their clients’ financial situations and options. FinMason’s state-of-the-art APIs will allow us to integrate and deliver OWL’s proprietary ESG rankings with minimal effort, reducing cost and accelerating time to market.”

Benjamin Webster, CEO of OWL Analytics, said:

“We think this is a wonderful opportunity to help First Rate provide their customers with powerful tools to analyze the ESG characteristics of portfolios and investments. Efficient, integrated ESG portfolio reporting just hasn’t existed in the wealth technology space. By being a first-mover to provide ESG analytics seamlessly in their technology, First Rate further cements themselves as an industry innovator.”

Kendrick Wakeman, CEO of FinMason, said:

“First Rate has a long track record of being tech-forward, capitalizing on the latest tech to best serve their clients. I’m looking forward to the innovative ways they’ll leverage ESG and other newly-accessible data providers to put their clients on a path to success.”