London Stock Exchange Group (LSEG) today announces that it has acquired Beyond Ratings as part of its continued investment in its Information Services business, including FTSE Russell. Beyond Ratings is a highly regarded provider of Environmental, Social and Governance (ESG) data for fixed income. The acquisition will be funded from existing facilities. The terms of the transaction have not been disclosed.
- Beyond Ratings is a highly regarded provider of Environmental, Social and Governance (ESG) data for fixed income investors
- Acquisition enhances the existing ESG index, data solutions and analytics offering within LSEG’s Information Services business
- Complements flagship FTSE World Government Bond Index (WGBI) and The Yield Book fixed income analytics capabilities
- Acquisition enables LSEG to further support clients and grow capabilities around sustainable finance and investment
The acquisition of Beyond Ratings is highly complementary to FTSE Russell’s existing ESG index and data offering as well as the analytics tools provided through The Yield Book. LSEG’s Information Services business is responding to the rapidly growing demand among asset owners to integrate sustainability and ESG considerations, based on innovative research, into their equity and fixed income investment strategies. The acquisition offers a significant opportunity for LSEG’s Information Services business to enhance its multi-asset data and analytics capabilities and to further commercialise Beyond Ratings’ existing datasets globally. FTSE Russell will also look to further develop its multi-asset index solutions, utilising Beyond Ratings’ sustainability data, smart risk models and ESG research expertise.
Beyond Ratings’ highly respected analytics suite offers customers the ability to systematically and transparently incorporate ESG criteria into their credit risk analysis. Founded in 2014 and based in Paris, France, the company provides innovative services to assist the financial sector in the transition towards a sustainable economy. Beyond Ratings delivers standard research and tailored services, leveraging in-house expertise, advanced quantitative analytics and risk scoring for over 175 countries and 10,000 companies.
Waqas Samad, Group Director of Information Services, LSEG said:
“The acquisition of Beyond Ratings will accelerate LSEG’s ability to deliver research-driven multi-asset solutions in sustainable finance investing to our global client base. Beyond Ratings has a number of highly-regarded ESG data models developed by a strong team of ESG specialists. We very much look forward to working with the team at Beyond Ratings to deliver exciting and differentiated solutions for our clients over the coming months.”
Rodolphe Bocquet, CEO and co-founder of Beyond Ratings said:
“Beyond Ratings is delighted to be joining London Stock Exchange Group and its growing Information Services business. We look forward to working with the Group to capitalise on our ESG data, research and modelling capabilities to provide new solutions within sustainable finance on a global scale. We have worked together for some time on potential solutions and products based on client demand and market trends and will build on our strong ESG foundations to deliver valuable investment tools in the near future.”
Lucie Holloway +44 (0)20 7797 1222
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London Stock Exchange Group (LSEG) is an international markets infrastructure business. Its diversified global business focuses on Information Services; Risk and Balance Sheet Management; and Capital Formation. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (a European fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies, including SMEs, to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $16 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of data services, research and analytics through The Yield Book, Mergent, SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house and Monte Titoli, a leading European custody and settlement business.
LSEG Technology develops and operates high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com. The Group’s ticker symbol is LSE.L
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