Users on the Open:FactSet™ Marketplace platform will now have access to data that uncovers material ESG opportunities and risks
San Francisco, CA, July 24, 2018 – Truvalue Labs, the pioneer in AI-driven environmental, social and governance (ESG) data, today announced it has launched on the Open:FactSet Marketplace, a new online platform that offers both financial and alternative data to investment professionals.
Third-party data providers for the Open:FactSet Marketplace have been carefully selected by FactSet. As the first provider of ESG analytics based on the Sustainability Accounting Standards Board (SASB) materiality framework, platform users will benefit from Truvalue Labs’ historical ESG datasets and analytics in order to more quickly identify market signals and gain trading advantages.
“FactSet is delighted to welcome Truvalue Labs as a provider on the Open:FactSet Marketplace,” said Rich Newman, SVP and Global Head of Content & Technology Solutions, at FactSet. “ESG data is in great demand among investment managers, who rely on a wide range of information to help quantify the intangible factors that drive a company’s value and performance. Truvalue Labs’ ESG content alongside FactSet’s data feeds creates a powerful combination that can be leveraged by clients both to manage risk and identify new investment opportunities.”
“We are excited to offer our data through FactSet’s innovative platform in order to reach a broader audience of investment professionals,” said Hendrik Bartel, CEO of Truvalue Labs. “As we continue to expand our datasets, our work with FactSet will provide clients with another layer of in-demand financial intelligence helping them to uncover intangible value and risk factors within unstructured data.”
This announcement follows Truvalue Labs’ recently released report on the effectiveness of timely ESG signals which is based on a 10-yearlong backtested strategy yielding performance enhancing results.Truvalue Labs’ ESG methodology incorporates both positive and negative company actions calculated on a daily basis, thus providing investors with more timely, actionable information in their investment decisions.
About Truvalue Labs
Truvalue Labs applies artificial intelligence to help investment managers uncover timely and material environmental, social, and governance (ESG) information. With the ability to analyze and interpret massive unstructured data at a scale never before possible, and in real-time, our AI-powered solution helps uncover opportunities and risks that others miss. By quantifying intangible factors that have a material impact on company value, we empower investment professionals with unique insights to make better informed, more timely decisions. For more information, go to www.truvaluelabs.com.
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