Infront extends Clarity AI partnership to meet demand for ESG insights

By Gloria Methri

Infront, the European full-service provider of financial market solutions is extending its partnership with Clarity AI, a technology platform leveraging machine learning and big data to deliver environmental and social insights. In the renewed partnership, Infront will onboard the full suite of Clarity AI’s ESG data, increasing the data granularity it can offer its clients on one of the most pressing issues.

Infront’s first partnership with Clarity AI, which was concluded in 2021, saw the firm integrate ESG risk scores for over 50,000 companies, 320,000 funds, and 400 governments into its display products. Three levels of data granularity were provided, with the current partnership adding SFDR Principle Adverse Impact, EU Taxonomy, and company Exposures for analysis and reporting.

This data comprehensiveness will enable managers to more accurately fulfill sustainability disclosure obligations. Another benefit is that Portfolio Managers can integrate ESG data into the investment policies for their clients, ensuring that customers’ ESG profile is always reflected in investment decisions.

“We are very excited to extend our partnership with Clarity AI because it enables us to give wealth managers the tools and unrivalled coverage of data, they need to make ESG tangible for their clients. This is especially important as clients are becoming more aware of Greenwashing and millennials, who are in line to inherit trillions of dollars, place sustainability very high on their priority list when it comes to investments,” said Zlatko Vucetic, CEO at Infront.

“Clarity AI’s top-notch and independent research and data science abilities are focused on sustainability and their offerings seamlessly integrate into our platform’s workflow to create useful calculations on ESG metrics managers need to do this and comply with mounting ESG regulation.”

“We are thrilled to expand our relationship with Infront,” said Daniel Gonzalez, Head of Distribution Partnerships at Clarity AI. “The capabilities, data, and insights we were previously providing showed strong traction on the platform making the case that an even broader set be made accessible to all Infront’s clients — both wealth managers and asset managers.”