Additiv partners with Clarity AI to bring sustainability insights to wealth managers

The partnership displays the rising demand for sustainable and ESG investing, which takes under consideration non-financial sustainability elements. In response to Swiss Sustainable Finance, the ESG and sustainable funding market has been rising exponentially, by 62% in 2019 alone, and now accounts for over 30% of all professionally managed investments.

By means of the partnership, additiv purchasers will embody Readability AI’s sustainability insights into their funding choices. By means of using large information and machine studying, Readability AI precisely assesses the sustainability and influence of a portfolio’s investments. Wealth managers will have the ability to higher perceive the true influence of corporations and construct portfolios that higher match their clients’ preferences and issues, while reporting to them in a easy and intuitive method.

Javier Penalva, Head of Technique from Readability AI, commented: “That is an thrilling partnership for us. We’re obsessed with serving to wealth managers make smarter choices round sustainability and assess the influence of corporations on our society and planet. The partnership with additiv will develop the attain of our sustainability and influence insights to non-public banks and wealth managers globally.”

Christine Schmid, Head of Technique at additiv added: “Sustainable investing is an important and fast-growing a part of the wealth business. Additionally it is a key space for suppliers to distinguish themselves. Shoppers need to put money into corporations that conform with their values and make an influence, with the ability to do that precisely and dynamically will set wealth managers aside. It is going to additionally assist wealth managers to higher meet new regulatory and disclosure necessities with respect to sustainability.”