am Main & Glasgow – 16 November 2021
the capital markets technology and advisory firm, today announced that it has
enhanced its ESG consulting services through a partnership with Evercity,
a digital platform for impact measurement and investment launched at the UN
Global Climate Innovation Lab during COP26 in Glasgow.
Full traceability and a
high degree of technical security are key drivers for financial markets as the
industry works towards attaining the United Nations’ 2030 Agenda for
Sustainable Development. To enable that, Evercity developed a blockchain-based
platform to streamline the end-to-end sustainable
The platform makes it easier, more cost efficient and more
transparent to issue
green and sustainability-linked bonds. It also
helps banks, impact funds and companies to assess EU Taxonomy alignment, monitor
and track their sustainable investments.
is a founding member and leader of the finance working group in the Climate
Chain Coalition, a global association co-chaired by the UNFCCC, working to
advance blockchain and related digital solutions to help mobilise climate
finance and enhance measurement, reporting and verification of climate actions.
As a leader in European
RegTech, LPA monitors the numerous amendments of the EU Action Plan and, together
with Evercity, will help financial institutions keep abreast of regulatory
changes, implement new requirements and track progress against ESG goals.
Lefeld, Partner ESG Consulting at LPA
stated “As a leading capital markets technology and consulting firm, we are
continuously developing our offering to meet the needs of our clients. As
pressure for sustainability rises, financial institutions are recognising the
need to move towards a low-carbon economy and have started to adjust their
business models to fully embrace ESG requirements. Together with Evercity we
are confident we can provide financial institutions with the tools necessary to
achieve their goals.”
Shadrin, CEO of Evercity said “Green finance is growing
at an unprecedented speed. However, we still need to mobilize more of it and
ensure that there is no greenwashing. Fraudulent activities are not moving the
industry closer to achieving the goals set in the UN Agenda 2030, but
blockchain offers a solution to this problem by creating a golden source of
truth for everyone. We are excited about the collaboration with LPA and it’s
our belief that together we will be able to expand our reach in the German and
LPA is one of the
world’s leading developers and consultants for technology-based capital market
solutions (CapTech) for banks, insurers and fund providers. The core business
of the multi-award-winning group is Capmatix, a software framework to automate workflows
and documentation for financial instruments, structured products and OTC
LPA helps financial
services companies in their capital market activities with; digital
transformation, lowering the fixed cost base and automating their necessary
advisory and regulatory documentation processes, thereby increasing efficiency,
competitiveness and maintaining full compliance.
In addition to
Capmatix, other solutions include; Modelity (document generation and pricing
calculations), acarda (regulatory reporting), Captano (FX, FI and MM Trading
Platform) plus full consulting support and other AI driven solutions.
LPA global coverage is
managed from its headquarters in Frankfurt and at twelve other international
locations including Tel Aviv, London, Zürich, New York, Paris, Barcelona,
Luxemburg and Singapore, over 400 technology and capital market experts are
employed by LPA supporting a portfolio of international clients.
Evercity is a Berlin-based sustainability measurement and
investment platform. Its mission is to accelerate global finance flows into
projects and innovations needed to attain UN Sustainable Development Goals. They enable
banks, funds and corporations to increase transparency and profitability of
their sustainable investments by integrating blockchain with monitoring tools: satellites,
drones and IoT sensors.
Evercity has developed an
open-source Sustainable Finance Protocol that enables issuance of fully
traceable sustainable assets (bonds, loans, carbon credits) on the blockchain
with 10x times cost reduction and full
transparency. Additionally, Evercity platform allows EU Taxonomy screening for
companies and asset managers, automates green finance framework creation and
Earlier this year Evercity graduated from Techstars & ABN AMRO
Future of Finance accelerator and became a finalist of the Global Fintech
Hackcelerator by the Monetary Authority of Singapore. Evercity is raising a
seed round to expand sales and receive virtual asset service provider status.
Co-Founder and CEO of
Evercity, Alexey Shadrin, is also the co-founder of the Russian Carbon Fund and
DAO IPCI, a platform for climate initiatives, smart contracts and blockchain.
He is also a public speaker, the co-author of the book titled Transforming
Climate Finance and Green Investment with Blockchain, and the head of the
finance working group at the UN-backed Climate Change Coalition. https://www.evercity.io/