December 13, 2024

Global Atlantic Partners Joins the Project SAMSO Ecosystem

Global Atlantic Partners Joins the Project SAMSO Ecosystem

Faster Path to a Cleaner Planet with Carbon-Neutral Securities

KALYP Technologies, a pioneer in enterprise software for digital financial securities and the initiator of Project SAMSO, has formed a strategic partnership with Global Atlantic Partners, a global advisory firm specializing in risk management and climate change compliance. Under Project SAMSO, they aim to leverage efficiencies of the capital market to help businesses transition to carbon neutrality faster.

Today, KALYP’s innovative software powers distributed market infrastructure for more efficient foreign investments in digital format. “By partnering with Global Atlantic, we are thrilled to expand our ecosystem and unite service providers from the carbon and capital markets,” said Thorsten Peisl, CEO of KALYP Technologies, and continues: “This collaboration will enable the automated conversion of financial instruments issued by businesses into more attractive, carbon-clean investments for global investors.”

The first step of project SAMSO is the creation of a trusted carbon book-of-record for businesses. Fully compliant with the Paris Agreement and GHG standards, the carbon book-of-record requires ongoing and independent verification of businesses' emissions and offset projects. “We are excited to connect our emission and offset verification services via KALYP’s infrastructure and to collaborate on the creation of a solution for reliable carbon books-of-records that support businesses on their journey to neutrality,” said Isabella Schumann, a partner at Global Atlantic Partners. “This joint venture embodies our shared commitment to innovation, sustainability, and creating value for our stakeholders. Together, we are poised to drive transformative impact and unlock new opportunities for growth across industries.”

SAMSO’s ultimate secret to faster neutrality for businesses is highlighted by Peter Jacaruso, Head of Business & Strategy at KALYP: “Investor demand drives our automated conversion of financial instruments to carbon-clean investments. As part of this process, investors finance additional offsets, which are then credited to a business’s carbon book-of-record. Thereby we further narrow the gap to neutrality for the issuing business. Additionally, investors holding carbon-clean investments can reverse the conversion at any time.”

This partnership underscores the shared commitment of Global Atlantic Partners and KALYP Technologies to fostering a sustainable future by aligning responsible financial innovation with urgently needed climate action.

About KALYP Technologies

KALYP Technologies is a provider of enterprise software in the capital markets. Its distributed ledger-based software establishes smart, distributed market infrastructure for financial institutions and enables more efficient processing of digital securities in regulated markets. The firm is independently financed and has an international presence between London and Boston. For more information visit www.kalyp.com

About Global Atlantic Partners

Global Atlantic Partners (“GAP”) is a financial consulting and outsourcing firm serving companies internationally. GAP’s expertise spans cybersecurity, risk management, climate and carbon risk analysis, internal audit, and advanced cyber and operational risk training, alongside a deep commitment to supporting fintech organizations in navigating complex challenges. For more information visit www.globalatlanticpartners.com

About Project SAMSO

Project SAMSO has been established by KALYP and represents an open and trusted ecosystem of carbon and capital market firms that enable the conversion of new or existing securities into carbon-neutral investments. For more information visit www.samso.io