Xignite launches ESG-powered API for wealth managers and brokers
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.
