Xignite launches ESG-powered API for wealth managers and brokers

Rick Steves

Designed to fast track the launch of ESG-powered products, the API offers access to transparent, well-structured and easy to understand ESG datasets that eliminate the need for in-house ESG expertise.

Xignite has launched a new Environmental, Social and Governance (ESG) data API in partnership with ESG Book, a global leader in ESG data and technology.

The market data API’s goal is to help brokerage, wealth, and media customers to increase user engagement and retention with sustainability trading products.

ESG investment goes mainstream

Digital investors, institutional investors, and corporations are getting more and more attuned with ESG, which requires proper data to help them answer questions that range from a company’s workforce diversity to its commitment to a net zero future.

This is the time when brokers and wealth managers look to leverage ESG data to increase client engagement around their portfolios and differentiate their offerings in a very fragmented marketplace.

Xignite’s new ESG API serves this purpose. Designed to fast track the launch of ESG-powered products, the API offers access to transparent, well-structured and easy to understand ESG datasets that eliminate the need for in-house ESG expertise.

The solution includes advanced screener endpoints that further simplify development by eliminating the need to maintain a database.

XigniteGlobalESG API covers a comprehensive universe of public companies domiciled in North America, EMEA, APAC, and Latin America. In addition to ESG scores, this API provides Global Compact scores, involvement data, temperature scores, and raw emissions data.

Stéphane Dubois, the CEO of Xignite, said: “We are thrilled to extend our highly scalable and advanced API platform to include ESG Book’s real-time sustainability dataset. With the recent SEC announcement of proposals for climate disclosure, the momentum for sustainability data in the U.S. just keeps on building. If you do not offer ESG data and portfolio analytics to your clients today, you will run into growth and retention challenges.”

Daniel Klier, CEO of ESG Book, commented: “As capital markets transition towards a more sustainable, net-zero future, demand for accessible, comparable and transparent ESG data has never been higher. We are delighted to be partnering with Xignite, a global leader in API solutions, to deliver our real-time ESG data products to clients at both speed and scale through the latest cloud technology.”

Xignite was founded with the mission to provide market data APIs to brokers and wealth managers. The firm has also recently launched a cryptocurrency data API so that brokers and wealth managers can increase the value and stickiness of their services to digital investors by taking advantage of the depth and breadth of data offered by this API.

 

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<