GoldenSource and Arabesque have teamed up to improve investor buying and selling access to ESG data and information.
As part of this partnership, investors across the street will be able to access Arabesque S-Ray’s ESG data and information suite hosted on Amazon Web Services (AWS) Data Exchange, via the solution of GoldenSource for ESG quality controls and portfolio selection, ESG Impact.
GoldenSource customers will be able to take advantage of S-Ray’s ESG metrics and raw emissions data on companies from major global stock indexes, as well as trade implication filters for more than 25,000 companies.
Arabesque claimed to rely on more than four million ESG data points every day for sustainability performance metrics – including net zero alignment – using big data and a quantitative algorithmic approach.
The pair said that, combined with GoldenSource’s inbound APIs – which allow for streamlined integration of current and future structured and unstructured ESG content from new data sources – would make it easier to find proxy data for institutions that have data. ESG missing.
This in turn will help companies complete submissions for regulations such as the Sustainable Finance Disclosure Regulation (SFDR) and complete reports that ensure their investments fall within their sustainability mandates, Goldensource and Arabesque said.
Investors, through the new agreement, will also have access to Arabesque’s SFDR data solution, a new toolkit created to help asset managers and investment professionals ingest the data needed for SFDR reporting.
âActing with ESG data has become a core capability for financial companies, but for most practitioners it is a newly established discipline that is evolving rapidly,â said John Eley, Managing Director of GoldenSource.
âAs such, having Arabesque’s in-depth ESG datasets, created by practitioners for practitioners, through a serviced connection to our solution for taking action on ESG data, provides immediate capability and flexibility to follow developments. “
The news follows GoldenSource’s similar partnership with ICE in October, which saw the company integrate the exchange’s ESG benchmark data service into its ESG impact solution, also aimed at improving timely access to ESG data for buyers and sellers.
âMore than ever, investors understand the critical need for high-quality ESG information to facilitate the transition to a more sustainable net zero future,â said Dr Daniel Klier, President of Arabesque.
âThrough this partnership with GoldenSource and their market-leading solution, we look forward to enabling institutional investors to leverage Arabesque’s suite of ESG data assets and products for enhanced decision making.