Nexus FrontierTech and APS Asset Management Jointly Develop Platform for ESG Data Analysis

Nexus FrontierTech and APS Asset Management are jointly developing a platform for ESG data analysis on companies with principal offices or significant business activities in Mainland China, Hong Kong, Macau, Taiwan, and Singapore that issue equity and equity-related securities.

Nexus FrontierTech, in collaboration with APS Asset Management sought to resolve multiple data-related challenges in sustainable investment implementation for the asset management sector, such as low data availability, poor data quality and lack of harmonised or interoperable ESG disclosure standards and frameworks.

To address these challenges, Nexus FrontierTech and APS Asset Management are conducting a Proof-of-Concept ("PoC") to demonstrate the technical feasibility and potential business value of combining AI with APS' unique, fundamental-based Four Alpha-Hats® investing approach, designed and built on an ESG platform that is underpinned by an integrated, scalable, cloud-based technology stack.

The successful automation of various manually tedious research workflows is expected to increase the productivity of investment analysts by 50-70%, freeing up more time for them to concentrate on higher value tasks and functions, such as fundamental analysis.

Wong Kok Hoi, CIO at APS Asset Management said: "We are pleased to partner with Nexus in developing China's first real-time AI-Fundamental ESG system. We believe that it is a powerful system developed by combining Nexus AI expertise and APS' multi-decade experience in fundamental analysis of Chinese companies."

Danny Goh, CEO of Nexus FrontierTech added: "The solution will connect international ESG reporting standards, disclosure practices in developing countries like China, and investment management approaches in Singapore, adding to Singapore's growing pool of intellectual capital and capabilities as a global centre for Sustainable Finance."