Thomson Reuters and TruValue Labs Deliver Real-Time ESG Intelligence on Eikon Platform
Dynamic ESG Data Used To Assess Portfolios for Long-Term Sustainability
TruValue Labs and Thomson Reuters announced in late June the availability of Insight360 real-time Environmental, Social and Corporate Governance (ESG) data on Thomson Reuters’ Eikon. Insight360 answers financial professionals’ need for real-time and material content and analysis regarding corporate risk and public companies’ extra financial performance – also called sustainability, or ESG performance. Thomson Reuters’ Eikon subscribers can add Insight360 to their portfolio instantly and at low cost to support investment decision-making. “The integration of TruValue Labs’ Insight360 on Eikon provides current, comprehensive, user-directed ESG information about a wide universe of companies, information that is critical to our subscribers,” said Susan Lundquist, head of product strategy, asset management, Thomson Reuters. “This collaboration further demonstrates our ongoing pledge to partner with innovative companies to offer powerful solutions that drive informed investment decision-making for our clients.” Insight360 is the first ESG solution to extract unstructured data comprehensively, accurately, and in real time about regulatory concerns, social/cultural backlash, product liabilities, intellectual property portfolios and development, employee actions, political risk, and more. “TruValue Labs fundamentally changes the research and analysis paradigm with the first technology platform to make sense of vast amounts of unstructured investment data,” said Andreas Feiner, Head of ESG Research and Advisory, Partner, Arabesque Partners. “Instant access to accurate, real-time ESG data is a critical factor to investors and capital market players looking for a competitive edge.” “Thomson Reuters shares our commitment to providing comprehensive and actionable insights and information to financial professionals,” said Hendrik Bartel, co-founder and CEO, TruValue Labs. “ESG issues affect financial performance and having access to real-time data reduces risk and reveals opportunities.”
How Insight360 works
Insight360 mines unstructured data from more than 75,000 sources in real-time to deliver the most current and objective ESG data to Eikon subscribers. A cognitive computing engine at the core of Insight360 searches for and categorizes corporate information relevant to sustainability and ESG. The system is designed to capture, filter, and assess important events and controversies and deliver both qualitative and quantitative results. Subscribers can configure filters to improve accuracy and relevancy on the events and information they care about most.
Insight360 is available immediately in the Thomson Reuters Eikon App Studio as an annual subscription. The cost to Eikon subscribers is $1,800.00 US a year.
About Thomson Reuters Eikon
Thomson Reuters Eikon is a powerful and intuitive next-generation 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 an open platform, customizable to the individual needs of a financial professional or institution. For more information, visit- http://financial.thomsonreuters.com/en/products/tools-applications/trading-investment-tools/eikon-trading-software.html
About Thomson Reuters
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- http://thomsonreuters.com/
About TruValue Labs
TruValue Labs is the first technology company to apply artificial intelligence (AI) and machine learning to the 80% or more of financial information about public companies obscured in unstructured data. TruValue Labs’ flagship product, Insight360, makes Environmental, Social, & Governance (ESG) characteristics easy to understand and communicate. Offered as SaaS and data API products, Insight360 monitors thousands of public companies in tens of thousands of sources and analyzes ESG data to provide actionable investment insights in real-time.