ExtractAlpha acquires ESG Analytics
ExtractAlpha, a leading provider of alternative data and analytics solutions, announced the acquisition of ESG Analytics, an innovative platform offering real-time, actionable insights into environmental, social, and governance (ESG) metrics.
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This acquisition strengthens ExtractAlpha’s commitment to expanding its data-driven solutions, enabling clients to harness cutting-edge ESG insights for enhanced decision-making.
The addition of ESG Analytics to ExtractAlpha’s portfolio provides clients with deeper, real-time analysis of sustainability factors, offering robust tools for managing ESG risks and capturing opportunities in responsible investing. ESG Analytics leverages machine learning and alternative data to deliver a comprehensive view of a company’s ESG performance, empowering investors to align their portfolios with sustainability goals while optimizing returns.
With this acquisition, ExtractAlpha is also very excited to welcome Qayyum “Q” Rajan, the visionary behind ESG Analytics, to lead the newly established ExtractAlpha Labs. As the Head of ExtractAlpha Labs, Q is spearheading the development of innovative data-driven solutions and bringing ExtractAlpha’s quantitative investing tools to new market segments.
“We are thrilled to bring ESG Analytics and Q’s expertise into the ExtractAlpha family,” said Vinesh Jha, CEO of ExtractAlpha. “This acquisition allows us to further enhance our alternative data offerings, ensuring that our clients remain at the forefront of responsible investing with access to the most advanced ESG insights available.”
Qayyum added, “Joining forces with ExtractAlpha presents an exciting opportunity to expand our reach and capabilities. Together, we will develop cutting-edge solutions that empower investors to integrate alternative data trading signals into their strategies in a truly impactful way.”
The acquisition underscores ExtractAlpha’s commitment to innovation, providing its global clients with best-in-class tools for alpha generation and sustainable investing.