RadiantESG Selects STP Investment Services as End-to-End Operational Services Provider
WEST CHESTER, Pa.–STP Investment Services, a global financial technology company offering front, middle and back-office support, as well as investment operations outsourcing servicing more than $340 billion in total assets, has been selected by RadiantESG Global Investors to act as its all-inclusive operational services and platform solution.
Through its newly launched, cloud-based Blueprint™ offering, STP will provide RadiantESG with an award-winning suite of solutions that include: middle and back-office, compliance and trade execution services; and a robust set of operational resources that will provide support for its execution of ESG integrated investment strategies for clients.
“As an asset manager focused on next-generation ESG investment solutions as well as promoting a strong commitment to diversity and inclusion, it was of paramount importance to us that we select a firm whose culture and values match our own,” said RadiantESG Chief Executive Officer Heidi Ridley. “The philosophical alignment between the STP and RadiantESG leadership teams was evident early on, which made their solution, approach to service and commitment to true partnership all the more appealing.”
Since its inception in 2008, STP has emphasized the values of service, transparency, and partnership as it has worked with institutional, wealth, fund, and emerging managers as well as plan sponsors and family offices. STP prides itself on its unwavering commitment to a unified global corporate culture. The firm is dedicated to supporting the local communities in which it operates, as well as the extensive charitable endeavors of STP team members and partners. For example, the launch of the STP Global Women’s Network in 2020, which serves to inspire and support the professional growth, leadership development and success of women by providing opportunities for learning, mentoring, and networking.
“It’s an honor to partner with such a social and environmentally focused company as RadiantESG,” said STP Chief Executive Officer Patrick Murray. “What they do for their clients on a daily basis perfectly aligns with our culture, that is rooted in doing right by clients, employees and investors. Being able to provide Heidi, Kathryn and their team with the technology and operational resources they need to continue to change the world through their approach to investing is incredibly rewarding.”
Ridley, whose firm recently received strategic backing from HSBC Asset Management concludes: “The interest in, and attraction to, ESG investing has been dramatically increasing year over year. Investors of all types are demanding that their portfolios reflect their worldviews as well as provide the opportunity to outperform. RadiantESG was founded with the objective of delivering sophisticated investment strategies as well as demonstrating the competitive advantage of a culture founded on diversity and inclusion, and we are delighted that firms like STP will enable us to accelerate the launch of our investment capability with leading edge solutions.”
About STP Investment Services
STP Investment Services is an award-winning technology-enabled services company that provides front, middle, and back-office solutions to investment managers, funds, family offices, wealth managers, and plan sponsors providing the service, software, expertise, and confidence needed to focus on their core business objectives. STP provides a broad range of services and SaaS offerings for the financial services industry with capabilities to process all asset classes and meet ever-evolving business requirements. STP has been recognized multiple times for its strong company culture by the Philadelphia Business Journal and Inc. Magazine as well as being twice in a row being named as Outsourced Provider of the Year by Financial Technologies Forum (FTF). With more than 250 employees around the world, STP services and provides solutions clients representing more than $340 billion in assets serviced. Visit STP Investment Services and follow us on LinkedIn and Twitter. If interested in learning more about our services, click here.
United in the belief that ESG considerations and D&I have positive economic implications, and the power to drive innovation and change in societies around the world, industry veterans Heidi Ridley and Kathryn McDonald co-founded RadiantESG Global Investors, a women-led, diverse-owned investment firm focused on next-generation ESG investment solutions for institutional and wealth management clients globally.
The co-founders have a combined 50+ years of experience in asset management, with two decades spent in a variety of research and investment, product development, client relationship management and business development, and operational and executive roles at Rosenberg Equities, a pioneer in quantitative investing. The investment, data and technology professionals that make up the team at RadiantESG Global Investors have strong pedigrees and a unique diversity profile. RadiantESG’s investment solutions are based on its proprietary ‘Positive Change’ concept of ESG which captures ESG Leaders, ESG Evolvers and UNSDG- aligned companies. The strategies will aim to address shifts in demographics and growing demand for more sustainable investment solutions.
RadiantESG Global Investors will maintain majority ownership, independence, and autonomy in executing on its ambition to pave the way toward a brighter future, embracing ESG considerations as a necessity in building sustainable investment portfolios; at the same time, carving a path for women and minorities for generations to come.