Clearstream and Clarity AI announce new sustainability service for fund distributors that will provide detailed insight into sustainability characteristics of investment funds

Clearstream and Clarity AI announce new sustainability service for fund distributors that will provide detailed insight into sustainability characteristics of investment funds

(PRESS RELEASE) FRANKFURT, 7-Dec-2021 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative market infrastructure provider, has announced that its post-trade services provider Clearstream and Clarity AI, a tech platform that delivers insights on the social and environmental impact of over 30000 organizations, launched a new sustainability service for fund distributors. The new service will offer fund distributor clients of Clearstream Fund Centre a detailed insight into sustainability characteristics of investment funds via the Fund Compass application.

The new service includes three main features:  

  1. Filtering the fund search functionality based on a comprehensive set of sustainability scores to match respective sustainability preferences
  2. Comparing and benchmarking over 72,000 share classes according to sustainability scores
  3. In-depth insights into additional criteria, such as ESG (environmental, social and governance), climate, UN SDGs (United Nations Sustainable Development Goals), as well as exposure and impact highlights at share class level

Earlier this year, Deutsche Börse has invested in Clarity AI. 

Bernard Tancré, Head of Investment Fund Services Product at Clearstream, comments: “Fair, reliable and transparent markets are at the core of the transformation towards more sustainable economies. As a leading fund service provider and distribution platform, we are committed to actively drive this transition. Together with Clarity AI, we give distributors – and investors – effective means to base their investment decisions on high-quality, comprehensive and comparable ESG criteria.”

Rebeca Minguela, Founder & CEO of Clarity AI, says: “The demand for sustainability assessment of funds keeps growing. Partnering with Clearstream and their fund distribution platform, Fund Centre, underlines our objective to increase adoption and transparency regarding sustainable investing. By integrating our Clarity AI capabilities directly into Clearstream’s Fund Centre platform, we make it easy for distributors to access and assess comprehensive sustainability information for any fund.”

More information on the new service

About Clearstream 

As an international central securities depository (ICSD), headquartered in Luxembourg, Clearstream, which is part of Deutsche Börse Group, provides the post-trade infrastructure for the Eurobond market and services for securities from 59 domestic markets worldwide. With 16 trillion Euros in assets under custody, Clearstream is one of the world’s largest settlement and custody firms for domestic and international securities.

Its fund distribution platform Fund Centre provides access to over 72,000 funds domiciled in 25 fund jurisdictions and connects close to 330 distributors to almost 450 fund providers of mutual funds, ETFs and alternative investment funds around the globe.

More information on Fund Centre

About Clarity AI 

Clarity AI aims at contributing to a more socially efficient capital allocation by providing decision makers with the most reliable and comprehensive tools to understand and optimize social and environmental impact, leveraging scientific research and the latest technologies.

Media contact:

SOURCE: Deutsche Börse Group


Follow EuropaWire on Google News

Comments are closed.