NEW YORK – Viridios AI (VAI), a leading provider of carbon credit pricing, data and analytics, today announced an agreement with Intercontinental Exchange Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and operator of the world’s most liquid environmental markets to offer VAI’s unique carbon credit pricing data to subscribers on the ICE Connect platform.
VAI provides pricing and project insights on more than 17,000 voluntary carbon market projects globally.
“With the finance industry putting a greater focus on carbon markets, our partnership with ICE will go a long way to improving transparency around this unique asset class,”says Viridios Group CEO, Eddie Listorti.
The ICE Desktop suite is a vital platform for the global trading community, bringing together a range of trading tools with cross-asset real-time data, news and analytics for global markets.
“We’re excited to work with Viridios AI to bring its carbon market data to the trading community as we continue to help them manage price and currency risk across global markets, and streamline their workflow,” Maurisa Baumann, VP, Desktop and Feeds Products, ICE, says.
As the world seeks to achieve net-zero, access to comprehensive carbon market pricing, project information and news is key to being able to confidently engage with the market and deploy capital.
“Over the past two years we have built one of the world’s leading carbon credit data platforms. We’re delighted to be able to make this comprehensive carbon market dataset available to the global trading community through ICE Connect,” says Viridios AI CEO Marcelo Labre.
Through this agreement, ICE Connect and Viridios subscribers will be able to access:
- Carbon project information.
- Daily carbon credit prices.
- Vintage curves with prices on a range of methodologies.
- Carbon market news.
Tom Godfrey | +61 (0)419 313 101 | firstname.lastname@example.org
Damon Leavell | +1 212 323 8587 | Damon.Leavell@ice.com
Viridios AI (www.viridios.ai), a Viridios Group company, is committed to improving the value discovery around carbon projects to allow capital to flow more freely into the complex carbon markets as the world seeks to meet its climate and net-zero targets. Its mission is to bring robust valuation methodology and instruments found in all other commodity markets, to this critical asset class and to help clients future-proof their carbon offset strategies. The VAI platform provides access to Viridios AI’s market-leading modules, Pricing, Markets, Projects and Valuation, providing subscribers with a full suite of carbon market intelligence on a single dashboard.
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 — Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.