UST has made an investment in Uniqus Consultech, a tech-enabled global platform that provides consulting services in the areas of technology, governance, risk, ESG, accounting & reporting, and financial operations. This investment, which is a component of Uniqus’ previously disclosed Series B financing, will set the groundwork for a solid partnership between the two businesses.
Strong technological capabilities and in-depth functional understanding are combined in the partnership between UST and Uniqus to assist clients in resolving fundamental business issues and utilizing the full potential of technology, including AI/GenAI.
As part of the strategic partnership, UST will use Uniqus’ wealth of real-world expertise in risk, sustainability, and finance to find and deploy the finest digital solutions for its customers.
By incorporating Uniqus’ ESG capabilities into its offerings, UST will be able to provide a broader range of solutions to assist clients in navigating complicated and ever-changing regulatory requirements, evaluating environmental impacts, improving supply chain transparency, and advancing social impact efforts.
ESG parameters, such as carbon emissions, are tracked, measured, and reported on by Uniqus’ AI-enabled UniVerse platform, which also makes it easier to interact with supply chain partners.
In order to provide its clients complete finance and risk solutions and platforms, UST will make use of Uniqus’ finance and risk transformation capabilities.
By making this investment, UST is advancing innovative solutions and growing its network of strategic alliances.
Key Comments
Jamil Khatri, Co-Founder & Chief Executive Officer, Uniqus, said, “Organizations want technology to enable them in solving business problems effectively and get real benefits. UST’s transformative engineering and innovative ecosystem in combination with Uniqus’ deep domain experience on sustainability, finance, and risk will elevate our product and service offering to clients across the globe. We are truly excited to embark on this journey together with UST, introducing new capabilities to serve a large, combined client base in a holistic manner.”
“Corporate sustainability, responsible business practices, and ESG consulting have become integral to building a comprehensive modern corporate strategy, and integrating Uniqus’ ESG capabilities into our portfolio will enable UST to serve our clients better and differentiate ourselves in an increasingly competitive landscape. This relationship with a market leader is an excellent opportunity to enhance our service offerings and drive sustainable growth while laying the groundwork for a more sustainable and resilient economy,” said Vijay Padmanabhan, Chief Financial Officer, UST.
The investment details was not disclosed by UST or Uniqus Consultech.
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