IW Financial added a Sudan data screen to its portfolio analysis platform, enabling plan sponsor and asset manager clients to identify publicly traded companies for exposure to that country, according to a statement by the firm. Conflict Securities Advisory Group is providing the research for IW Financial.
"We have seen a significant increase in the level of interest in Sudan on the part of our clients," Sam Pierce, IW Financial CEO, said in the statement. "The issue poses compliance problems for money managers working with clients who require divestiture and, at the same time, presents opportunities for those working with clients who are concerned about human rights. Adding data from CSAG to the IWF Workstation gives asset managers a streamlined way to analyze their portfolios and move them into alignment with the new mandates."
IW Financial's platform already analyzes portfolio holdings for an array of corporate practices and social criteria.