When Refinitiv joined the London Stock Exchange Group, the deal was transformative for both companies and for the financial services sector as a whole, and we’re excited about a host of possibilities that will benefit our clients. Refinitiv will continue to help financial firms of all sizes forge strategies and pave the way for success across the financial services value chain. Mike Dionne, Group Head of Sales for the Americas in the Data & Analytics division, explains.
- As we integrate Refinitiv into LSEG, the combined companies will give numerous opportunities to deliver value to clients across the spectrum through product innovation, scale efficiencies, and synergies.
- Refinitiv has one of the most comprehensive ESG databases in the industry, and is going to grow stronger now that we’ve launched the Measure Up program with FORTUNE magazine.
- Refinitiv data will bolster FTSE’s solutions for direct indexing, which allows wealth management and financial advisors to use market indexes to invest directly in a customized basket of securities that can deliver unique tax benefits to clients.
As we integrate Refinitiv into LSEG, the rationale for the tie-up has grown increasingly clear. The combined companies will be a leading financial markets infrastructure business with a global footprint, strong data and analytics capabilities, and multi-asset-class coverage. There will be numerous opportunities to deliver value to clients across the spectrum through product innovation, scale efficiencies, and synergies.
Take an area like sustainable investing. Environmental, social, and governance metrics are changing how asset managers invest, and clients are increasingly focused on ESG as they look to the future.
Refinitiv has one of the most comprehensive ESG databases in the industry, offering granular data and advanced analytics to help customers find and invest in companies that meet various socially responsible criteria. It’s only going to grow stronger now that we’ve launched the Measure Up program with FORTUNE magazine, which asks companies to voluntarily share their diversity and inclusion metrics. This database will provide insight for companies seeking to determine what is required to drive change in that area.
Working with LSEG creates new opportunities. For example, we are teaming up with clients to design custom ESG indices based on D&I metrics, green bonds, or other data points, leveraging our companies’ complimentary foundations in data collection, granularity, and transparency. The potential use cases are vast. Together we offer broader coverage of traditional asset classes and more effective regulatory compliance.
With Bitcoin and other cryptocurrencies gaining acceptance among financial advisors and institutional investors, there is potential to leverage Refinitiv’s data to help manage risk and guide investment decisions.
On a similar front, Refinitiv data will bolster FTSE’s solutions for direct indexing, which allows wealth management and financial advisors to use market indexes to invest directly in a customized basket of securities that can deliver unique tax benefits to clients, and it far exceeds the level of customization previously possible through traditional index-based investment approaches such as mutual funds and ETFs.
Complete integration with LSEG will take time, but we will phase in deliverables so that our customers will experience the powerful impact of the combined companies early on. As we add our unique strengths to those of LSEG, we’ll continue building on our tradition of excellence and on our reputation for delivering the innovative solutions and successful partnerships our customers have come to rely on.
