TROVA, the AI-driven unbiased high-performance Investment Research Data Platform with ESG capabilities empowers Fund Managers, Investment Advisors and Portfolio Managers to be among the World’s Inspirational Investment community by meeting the ESG aspirations of their clients
SAN JOSE, Calif. — NetworkFinancials, a Silicon Valley based FinTech Startup announced availability of ESG Data Analytics capabilities for investment community. ESG Investment is a way of investing based on the performance of companies with respect to Environmental, Social and Governance metrics. ESG factors have an important role to play to evaluate performance of company stocks with global impact.
“We are thrilled to bring ESG analytics to the investment community with two key differentiators. We bring new investment research perspective as an industry outsider. And TROVA is built ground-up to solve a producer-consumer centric problem,” said Debi Prasad Sahoo, the Founder and CEO of NetworkFinancials. “Our ESG objective is to empower and inspire a broad spectrum of investors to embrace ESG Investment to make the world better apart from achieving their investment goals,” he added.
TROVA ESG Data Analytics is NetworkFinancials’ approach to ESG investment. TROVA uses proprietary method for generating insights to create a new product to analyze and quantify data for various companies based on a broad range of metrics leading to ESG performance benefits.
TROVA ESG Advantage
Investment Research traditionally is more focused on quantitative data with financial metrics which may not suffice to make better investment decisions. Secondly, the qualitative data generally available is subjective and biased since not automated. And datasets related to ESG are not standardized. TROVA ESG Analytics addresses these problems by automating quantification of qualitative ESG datasets based on multi-dimensional metrics with growth opportunity. And presenting analytics in a visually appealing format for better understanding of the ESG investment landscape.
TROVA is a cloud-based high-performance Investment Data Platform from NetworkFinancials. Powered by Artificial Intelligence (AI), it simplifies investment research and inspires to make better investment strategies with higher confidence by providing faster access to better actionable insights.
NetworkFinancials Inc is a San Jose, California based FinTech startup. It empowers investment community to stay well-informed with actionable insights to make better investment decisions with high confidence through TROVA Platform.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
