Clearstream launches sustainability service for fund distributors
07 December 2021 Luxembourg
Image: Nuthawut/stock.adobe.com
Clearstream, Deutsche Börse’s post-trade services provider, launches a sustainability service for fund distributors, in collaboration with technology platform Clarity AI.
Clearstream Fund Centre clients can now get detailed insight into sustainability characteristics of investment funds via the Fund Compass application.
Its main features involve filtering the fund search functionality based on a comprehensive set of sustainability scores to match sustainability preferences; comparing and benchmarking more than 72,000 share classes according to sustainability scores; and in-depth insights into additional criteria, such as environmental, social and governance (ESG), climate, United Nations Sustainable Development Goals (UN SDGs), as well as exposure and impact highlights at share class level.
Speaking on the announcement, 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 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 and CEO of Clarity AI, adds: “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.”
Clearstream Fund Centre clients can now get detailed insight into sustainability characteristics of investment funds via the Fund Compass application.
Its main features involve filtering the fund search functionality based on a comprehensive set of sustainability scores to match sustainability preferences; comparing and benchmarking more than 72,000 share classes according to sustainability scores; and in-depth insights into additional criteria, such as environmental, social and governance (ESG), climate, United Nations Sustainable Development Goals (UN SDGs), as well as exposure and impact highlights at share class level.
Speaking on the announcement, 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 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 and CEO of Clarity AI, adds: “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.”
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