Sentifi, an award-winning alternative data provider, has today announced its partnership with Scope, a credit and sustainability risk agency.
Scope will leverage Sentifi’s analytics within its ESG sentiment review process on an ongoing basis.
Sentifi will be the exclusive provider of ESG analytics to Scope’s ESG sentiment review, which aims to provide a more timely view on a company, asset or fund’s ESG performance.
Sentifi’s real-time ESG performance data, sourced and assessed by machine learning technologies, enables ESG investors to better understand the real-time underlying price signals and sentiment in stocks, commodities, currencies, and cryptocurrencies. These datasets provide investors with the necessary tools to track unexpected market momentum shifts in real-time, as they impact portfolios, and therefore to construct portfolios with strong positive momentum around ESG performance.
Sourcing its data from over 500m tweets, blogs, forums, and news articles each day, Sentifi can help identify early murmurs of price for over 59,000 stocks, currencies, commodities, and indices, while also monitoring allocation decisions across 150k active and passive funds.
Marina Goche, CEO, Sentifi, commented: “The fact that a leading credit ratings agency is using our data is a milestone moment that demonstrates the shift in the public perception of alternative data, which is only now beginning to be recognised as a necessary addition to traditional datasets. The fact is that traditional data alone cannot provide the necessary 360 degree view of the markets that is necessary to monitor and manage ESG risk. In today’s volatile market, investors need to be monitoring market momentum changes as they emerge in digital channels to make informed decisions around impact to portfolio valuation. This is where reliable, granular, and timely alternative dataset can make a significant difference.”
Michael Bolle, Head of Subscription Business, Scope, added: “The encouraging participant feedback from last year’s ScopeOne event on ESG sentiment analysis convinced Sentifi and Scope to collaborate and launch ESG Sentiment Review through the ScopeOne marketplace. The ability to analyse companies’ positive and negative ESG sentiment indicators from granular news and social media sources is highly complementary to the medium to long-term ESG and credit analysis solutions already available on ScopeOne.”