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Helpful comments from $ICE CEO Jeff Sprecher about what an ESG data product looks like behind the scenes.
People collect data
They assemble & distribute that data
They get feedback from customers
Make tweaks
Repeatpic.twitter.com/sZyELqemjU
The value of this product comes with scale. That 100 person team creating a data collection process can distribute to thousands of customers & charge high monthly fees without incremental costs.
The exchanges are essentially trying to provide corporate reporting interfaces to act as an intermediary to exchange ESG data to ESG data providers.
Well put!
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