Press Release
Act Analytics partners with BattleFin’s powerful alternative data platform, Ensemble, to deliver real-time ESG intelligence
Written by team at Act Analytics On July 7, 2021
Toronto – Act Analytics today announced going live on BattleFin’s alternative data platform for the investment community, Ensemble. Act Analytics ESG scores leverage natural language processing (NLP) to identify ESG scores and events in real-time, based on hundreds of trusted independent news sources. With the introduction of Act Analytics ESG scores on the Ensemble platform, investors will be able to quickly test, evaluate and purchase this ESG data set alongside their other data needs.
Sustainable finance and ESG is a critical investment lens representing 33% of AUM in the US at $17.1 trillion, growing 42% between 2018 and 2020 according to a recent report by the Forum for Sustainable and Responsible Investment.
Act Analytics uses NLP to generate news-driven ESG sentiment scores for over 17,000 stocks that evolve in real time, as new information from news sources becomes available. Scores can be customized based on a universe of granular ESG themes. The scores are generated from analysis of over two hundred trusted, independent news sources. The NLP algorithms diagnose whether news is positive or negative and adjust the scores accordingly. In particular, there is the Act Fast Score that reacts quickly to daily news and the standard Act Score that highlights longer-term trends. The Event Scores helps users to efficiently monitor risk, anticipate volatility, discover alpha and identify major ESG issues for engagement.
Zachary Dan, CEO of Act Analytics, said: “I am delighted to announce our partnership with BattleFin going live today. The market needs easy ways to find, test and consume the highest quality new data sets and real-time ESG in no different. Investors want to discover the most accurate and unique new data sets in the market.”
Ensemble’s data catalogue is continuously updated with qualified data sets from all over the world. Utilizing BattleFin’s global and virtual event series and an in-house team of data evaluators, real-time ESG insights have become an in demand data set in recent months.
Ish Pandher, Chief Strategy Officer at BattleFin added: “Ensemble provides an all-in-one data sourcing, evaluation and purchasing platform and we are continuously responding to our client requests for new, high quality data. Real-time ESG data is a growing need in the market and I am delighted Act Analytics have chosen to work with us to help our mutual clients.”
About Act Analytics
Founded by former portfolio management, machine learning and market data experts, Act Analytics is leading the way for investment professionals to integrate accurate real time, independent ESG scores into their models. Act Analytics uses NLP sentiment analysis of 200+ trusted independent news sources, with tens of thousands of referenceable articles per day on 17,000+ entities to generate unique insights and transparency with 500,000+ real time equity scores for investors.
About BattleFin Group
BattleFin is a technology company focused on bringing alternative data to the world. We are made up of data hunters, data wranglers and alpha seekers. Our business has evolved from seeding systematic investment strategies and running data science competitions to include alternative data events and our SaaS platform called Ensemble. We are passionate about helping investment firms and corporations use alternative data to make better decisions. Our buyside technology products like Ensemble allow subscribers to source, evaluate, test and purchase alternative data. To learn more visit www.battlefin.com.