Xignite Launches ESG-Based API for Wealth Managers and Brokers
Designed to accelerate the launch of ESG-based products, the API provides access to transparent, well-structured and easy-to-understand ESG datasets that eliminate the need for in-house ESG expertise.
Xignite has launched a new Environmental, Social and Governance (ESG) data API in partnership with ESG Book, a global leader in ESG data and technology.
The Market Data API’s goal is to help brokerage, wealth and media clients increase user engagement and retention with sustainable trading products.
Digital investors, institutional investors and corporations are increasingly attuned to ESG, requiring appropriate data to help them answer questions ranging from workforce diversity to a company to its commitment to a net zero future.
This is a time when brokers and wealth managers are looking to leverage ESG data to increase client engagement around their portfolios and differentiate their offerings in a highly fragmented market.
Xignite’s new ESG API serves this purpose. Designed to accelerate the launch of ESG-based products, the API provides access to transparent, well-structured and easy-to-understand ESG datasets that eliminate the need for in-house ESG expertise.
The solution includes advanced filter terminals that further simplify development by eliminating the need to maintain a database.
The XigniteGlobalESG API covers a full universe of public companies domiciled in North America, EMEA, APAC and Latin America. In addition to ESG scores, this API provides Global Compact scores, engagement data, temperature scores, and raw emissions data.
Stéphane Dubois, CEO of Xignite, said, “We are excited to extend our highly scalable and advanced API platform to include ESG Book’s real-time sustainability dataset. With the SEC’s recent announcement of climate disclosure proposals, the momentum for sustainability data in the United States continues to grow. If you don’t offer ESG data and portfolio analysis to your clients today, you will face growth and retention issues.
Daniel Klier, CEO of ESG Book, said: “As capital markets move towards a more sustainable net zero future, the demand for accessible, comparable and transparent ESG data has never been higher. We are delighted to partner with Xignite, a global leader in API solutions, to deliver our real-time ESG data products to clients both quickly and at scale using the latest cloud technology.
Xignite was founded with a mission to provide market data APIs to brokers and wealth managers. The company also recently launched a cryptocurrency data API so brokers and wealth managers can increase the value and traction of their digital investor services by leveraging the depth and breadth of data. offered by this API.