May 16, 2017
Thomson Reuters boosts ESG data solutions in Eikon with SASB Materiality Framework application
Insight360 SASB Edition app is the first ESG data analytics platform that fully integrates SASB’s Materiality Framework to assess investment opportunities and risks in real time
NEW YORK – Thomson Reuters has enriched its environmental, social and governance (ESG) capabilities with the addition of the Insight360 SASB Edition, an app that gives the buy-side the ability to leverage the Sustainability Accounting Standards Board’s (SASB) Materiality Framework to identify investment opportunities and manage risks with near real-time ESG data. Developed by TruValue Labs, the app is available through App Studio, Thomson Reuters third-party development suite on its flagship desktop product Eikon.
Insight360 SASB Edition uses artificial intelligence to provide real-time ESG metrics for 8,000+ public companies worldwide, with data collected from more than 75,000 sources. With the new app, users can apply the SASB Materiality filter for both Thomson Reuters robust ESG data with over 400+ metric and TruValue Labs real-time analysis. The app enables investment professionals to leverage these industry-specific ESG factors that drive company valuation to construct portfolios, monitor company performance, and report to clients and colleagues.
“Our open platform enables us to add third-party applications onto Eikon that, when combined with our own solutions, give our clients enhanced products in an evolving marketplace,” said Pradeep Menon, global head of Investment and Advisory, Thomson Reuters. “Insight360 SASB Edition helps clients get a view of their portfolio’s sustainability impact in near real-time, which is especially useful when breaking news and other events can rapidly change the markets.”
“SASB is the gold standard for ESG materiality,” said Hendrik Bartel, CEO and co-founder, TruValue Labs. “We are proud to partner with SASB and Thomson Reuters to bring this powerful new platform to investors, who can now see exactly which intangible factors provide actionable investing insights. No investment professionals can ignore ESG today, as it goes beyond environmental and social concerns to expose extra-financial risk and opportunity.”
"We are delighted to see Thomson Reuters launch the first ESG application from TruValueLabs, built to incorporate SASB’s materiality framework,” said Janine Guillot, SASB’s Director of Capital Markets Policy & Outreach. “The combination of Thomson Reuters ESG data and TruValue Labs real-time insights mapped to SASB’s framework will give investors a great view of how companies are managing the sustainability issues that are likely to drive value."
Thomson Reuters Eikon is a powerful and intuitive next-generation open platform solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent.
App Studio, Eikon’s third party development suite, enables clients and vendors to embed their applications, content and work flows into Thomson Reuters Eikon, thus creating an integrated end-to-end solution. This open approach allows users to benefit from access to financial apps created by third party developers globally, built directly into Thomson Reuters Eikon.
Insight360 SASB Edition is an enhanced version that replaces the previous Insight360 app launched on App Studio in June, 2016.
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
TruValue Labs is a data and risk analytics company which provides objective, timely datasets that reveal intangible value by leveraging artificial intelligence. The core technology is the flexible InsightEngine,™ which captures extra-financial signals from unstructured data with a focus on Environmental, Social, and Governance (ESG) criteria. TruValue Labs delivers increased transparency to financial markets by providing analytics that go beyond traditional fundamentals, offering SaaS-based platforms, as well as state-of-the art API’s that allow for easy integration.
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