Deutsche Börse’s Clearstream launches new sustainability service for fund distributors

Clearstream, Deutsche Börse’s post-trade services provider, today announced the launch of a new sustainability service for fund distributors, in collaboration with Clarity AI. Going forward, fund distributor clients of Clearstream Fund Centre can get detailed insight into sustainability characteristics of investment funds via the Fund Compass application.

The new service has three main features:

• Filtering the fund search functionality based on a comprehensive set of sustainability scores to match respective sustainability preferences;
• Comparing and benchmarking over 72,000 share classes according to sustainability scores;
• In-depth insights into additional criteria, such as ESG (environmental, social and governance), climate, UN SDGs (United Nations Sustainable Development Goals), as well as exposure and impact highlights at share class level.

Earlier this year, Deutsche Börse has invested in Clarity AI.

Bernard Tancré, Head of Investment Fund Services Product at Clearstream, comments:

“Fair, reliable and transparent markets are at the core of the transformation towards more sustainable economies. As a leading fund service provider and distribution platform, we are committed to actively drive this transition. Together with Clarity AI, we give distributors – and investors – effective means to base their investment decisions on high-quality, comprehensive and comparable ESG criteria.”

Rebeca Minguela, Founder & CEO of Clarity AI, says:

“The demand for sustainability assessment of funds keeps growing. Partnering with Clearstream and their fund distribution platform, Fund Centre, underlines our objective to increase adoption and transparency regarding sustainable investing. By integrating our Clarity AI capabilities directly into Clearstream’s Fund Centre platform, we make it easy for distributors to access and assess comprehensive sustainability information for any fund.”