Capital.com taps Refinitiv data to offer sustainable investment insights to users

Rick Steves

“Traders will have comprehensive ESG data at their fingertips, at no cost, at the precise moment they need to make an investment decision”.

Capital.com has tapped LSEG’s market data business Refinitiv to provide investors and traders with environmental, social and governance (ESG) data.

The high-growth European investment trading platform will be able to empower its client base with real-time ESG data, AI-powered sentiment analysis and financial news from the Capital.com platform.

ESG data, economic calendars, stock reports, Reuters news and isnsights

Refinitiv’s proprietary data feeds offer a more timely view of a company and its ESG goals based on news and social media. This helps ensure the ESG data is accurate and free of corporate “greenwashing.”

A recent survey by Capital.com found that lack of knowledge and high fees prevent retail investors from making more sustainable investment decisions. This led the online trading provider to take the matter into its own hands and provide its client base with direct access to ESG scores and financial data from the Capital.com platform.

Refinitiv’s ESG database – underpinned by more than 450 different ESG metrics – is one of the most comprehensive in the industry. It measures a company’s relative ESG performance, commitment and effectiveness across 10 main themes, including emissions, environmental product innovation, human rights, and shareholders based on publicly-reported data.

The partnership with Refinitiv also includes economic calendars, quantitative stock reports, and global financial news services including access to Reuters news and exclusive insights, as well as AI-enabled sentiment analysis.

Comprehensive ESG data at traders’ fingertips, at no cost

Kypros Zoumidou, Chief Commercial Director, Capital.com, said: “More and more investments are now linked to ESG criteria but much of this remains under the exclusive purview of institutional fund managers. Investors have to pay managers expensive fees if they want to participate in ESG investments. We do not think this should be the case.

“To further break down the barriers to investing and to empower more people to make sustainable investment decisions for themselves, we have incorporated Refinitiv’s market leading ESG data into the platform. Traders will have comprehensive ESG data at their fingertips, at no cost, at the precise moment they need to make an investment decision”, he continued.

“With the provision of Refinitiv’s world-leading financial news content alongside Capital.com’s own cost-free educational resources, our traders will not only be able to make sustainable investment choices but also lean on world-class financial data and news to better decipher the long-term direction of price movements. We are delighted to be able to partner with Refinitiv who share our commitment to provide investors with the tools they need to make better investment decisions.”

Sune Mortensen, Head of Investment & Wealth Solutions, Data & Analytics, LSEG, said: “We are delighted to collaborate with Capital.com and offer users the ability to combine and analyse ESG data using cutting-edge applications for in-depth analysis. Together with Capital.com we have decided to enhance the information accessible to the traders by adding a layer of Artificial Intelligence. This will further ensure precision and relevance. Besides that, it enhances the overall user-experience for the traders on the Capital.com platform.”

  • Read this next

    Retail FX

    Weekly Roundup: John Oliver rips into MetaTrader, Binance to pay $10 billion

    Welcome to this week’s roundup, where we delve into the latest developments in the Forex, Fintech, and cryptocurrency markets. Stay ahead of the curve with our comprehensive overview of the week’s most impactful events and trends across these dynamic sectors.

    Retail FX

    Lark Funding reopens to US traders, MyFundedFX picks cTrader

    Canada-based prop trading firm Lark Funding announced it will once again welcome clients from the United States.

    Institutional FX

    Cboe FX volume falls to lowest level since summer

    Cboe’s institutional spot FX platform, known as Cboe Spot, today announced its trading volume for the month ending February 2024, which took a step back after a strong rebound in December.

    Retail FX

    ThinkMarkets secures lucrative DFSA license in Dubai

    Melbourne-based broker ThinkMarkets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

    Digital Assets

    New Horizen Lays Out Its Vision Of A Modular, Proof Verification Layer For Web3 Networks

    Horizen is forging a new path for the future of blockchain with its New Horizen initiative, which is building a modular Proof Verification layer that’s dedicated to verifying cryptographic proofs for any settlement layer, beginning with Ethereum. 

    Digital Assets

    Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol

    Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed.

    Digital Assets

    Worldcoin down as Elon Musk sues OpenAI CEO Sam Altman

    Worldcoin’s (WLD) token dropped following news of a lawsuit against related company OpenAI. The lawsuit was filed by Elon Musk and accused OpenAI and CEO Sam Altman of breach of contract.

    Institutional FX

    Exegy’s Liquidity Lamp adds intraday data to outperform S&P 500 by 31.8%

    Exegy has incorporated intraday signals into its AI-powered iceberg order detection tool, Liquidity Lamp. By adding intraday data to a baseline mean reversion strategy, Exegy’s model outperformed the baseline by 10.5% and the S&P 500 (SPY) by 31.8%, respectively in the out-of-sample testing.

    Industry News

    Think Elon Musk backed your crypto exchange? ASIC’s latest reveal may shock you

    In an absolutely shocking turn of events that nobody could have possibly seen coming, the Australian Securities and Investments Commission (ASIC) has bravely stepped forward to reveal that, yes, those videos of Elon Musk passionately endorsing a cryptocurrency exchange are as fake as a three-dollar bill.

    <