Citi enhances securities data platform with ESG scores incorporation
09 April 2021 France
Image: Andrey Popov/adobe.stock.com
Citi has incorporated environmental, social and governance (ESG) scores into its securities services data platform, Citi VelocitySM Clarity, allowing clients to analyse the sustainability exposure of their holdings at the portfolio and security level.
As part of this, Citi has developed new visualisation tools to analyse multiple sustainability measures provided on a daily basis by Arabesque S-Ray, a global data provider that uses an algorithmic methodology to measure ESG performance.
Citi plans to work with clients to continue to develop the scope and functionality available through Citi Velocity Clarity, including incorporating additional ESG data from other providers.
According to Fiona Horsewill, global head of data for Citi 厙惇勛圖 Services, the ability to understand ESG exposure has become imperative across the entire industry as investors, advisors and regulators are increasingly asking for transparency from asset managers and asset owners.
With this latest addition to Citi Velocity Clarity, we offer our clients the ability to understand their ESG exposures inherent within their portfolios and report on their investments from a sustainability perspective, explains Horsewill.
Elree Winnett Seelig, global head of ESG for markets and securities services at Citi, affirms: ESG considerations now permeate every part of the capital markets, and Citi is committed to being a leader on this front.
Winnett Seelig adds: When we look at all the ways we can facilitate the transparency of ESG factors in the market, providing access to data is a critical foundation.
Citi also recently announced a major upgrade to its data services platform, Citi Velocity Clarity, including enhancements to the universe of available data, bespoke reporting capabilities and API functionality.
As part of this, Citi has developed new visualisation tools to analyse multiple sustainability measures provided on a daily basis by Arabesque S-Ray, a global data provider that uses an algorithmic methodology to measure ESG performance.
Citi plans to work with clients to continue to develop the scope and functionality available through Citi Velocity Clarity, including incorporating additional ESG data from other providers.
According to Fiona Horsewill, global head of data for Citi 厙惇勛圖 Services, the ability to understand ESG exposure has become imperative across the entire industry as investors, advisors and regulators are increasingly asking for transparency from asset managers and asset owners.
With this latest addition to Citi Velocity Clarity, we offer our clients the ability to understand their ESG exposures inherent within their portfolios and report on their investments from a sustainability perspective, explains Horsewill.
Elree Winnett Seelig, global head of ESG for markets and securities services at Citi, affirms: ESG considerations now permeate every part of the capital markets, and Citi is committed to being a leader on this front.
Winnett Seelig adds: When we look at all the ways we can facilitate the transparency of ESG factors in the market, providing access to data is a critical foundation.
Citi also recently announced a major upgrade to its data services platform, Citi Velocity Clarity, including enhancements to the universe of available data, bespoke reporting capabilities and API functionality.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times