Agreement will provide traders with real-time ESG data, AI-powered sentiment analysis and financial news to help drive better investment decisions
LONDON, UK / ACCESSWIRE / November 8, 2022 / High-growth European investment trading platform, Capital.com, today announced a strategic agreement with Refinitiv, a (LSEG) London Stock Exchange Group Business, to provide investors and traders with environmental, social and governance (ESG) data. With this agreement, traders can directly access ESG scores and financial data from the Capital.com platform to help them make sustainable investment and trading decisions.
Refinitiv offers one of the most comprehensive ESG databases in the industry, underpinned by more than 450 different ESG metrics. 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.
Commenting on the collaboration, 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."
According to the findings of Capital.com's recent survey, a lack of knowledge and high fees prevent retail investors from making more sustainable investment decisions.
"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," added Zoumidou.
Refinitiv uses proprietary data feeds powered by artificial intelligence to provide 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."
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."
In addition to Refinitiv's real-time ESG data, traders will have access to economic calendars, quantitative stock reports, global financial news services including access to Reuters news and exclusive insights, as well as AI-enabled sentiment analysis.
Today's announcement marks Capital.com's commitment to support its clients with extensive education resources including data, analytics and research to help them make informed investment decisions.
"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," added Zoumidou.
To help self-directed investors on their investment journey, Capital.com provides an extensive repository of information, insights and analysis including a free educational app that they can use on the go, Investmate. The Capital.com platform also hosts a demo site, regular news feed, as well as more than 5,000 pages of immersive financial content available on its website and through its YouTube trading channel, Capital.com TV.
For further information , visit https://capital.com/esg-rating
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Notes to Editors
About Capital.com
Capital.com is a high-growth investment trading group of companies empowering people to participate in financial markets through simple and innovative platforms. Its intuitive award-winning platform, available on web and app, enables investors to trade thousands of world-renowned markets. To help investors trade with confidence, the platform is fitted with robust risk management controls and transparent pricing while its all-in-one 'Investmate' app delivers financial lessons and educational content to support clients in their investment journey.
Capital.com has a global network with offices located in Cyprus, UK and Australia. In 2021, the platform reported a 350 per cent growth in its client base, making it one of Europe's fastest growing investment trading platforms with more than 7 million registered users.
Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 793714. Capital Com SV Investments Limited is Authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under licence number 319/17. Capital Com Australia Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393.
To find out more, please visit: www.capital.com
About Refinitiv, an LSEG business
Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world's largest providers of financial markets data and infrastructure. With over 40,000 customers and 400,000 end users across 190 countries, Refinitiv is powering participants across the global financial marketplace. We provide information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence. By combining a unique open platform with best-in-class data and expertise, we connect people to choice and opportunity - driving performance, innovation and growth for our customers and partners. www.lseg.com
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SOURCE: Capital.com
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