Refinitiv, the provider of financial markets data and infrastructure, has launched BRI Connect, part of a suite of tools which it said enable the global investment community to identify investment opportunities around China’s Belt & Road Initiative. It said the tools offer access to trusted, holistic information including macroeconomic, project, market, financing, geopolitical and operational risk data. Retfinitiv was formerly the financial and risk business of Thomson Reuters.
The Belt and Road Initiative is focused on the building of infrastructure projects across Asia, Europe and Africa. Launched by China’s President Xi in 2013, it is among the largest investment programs in history, accounting for more than $500 billion of spend across more than 70 countries.
Available exclusively through Refinitiv’s financial markets desktop Eikon, BRI Connect is designed to help financial professionals to monitor specific projects; access unparalleled coverage of financing deals and primary capital markets; give a better understanding of where to invest in BRI; secure accurate, up-to-date country risk ratings; and mitigate counter party exposure when operating along cross-border transactions in BRI countries.
“As Belt and Road reshapes global commerce and China continues to internationalise, being able to unlock the investment opportunities and navigate the risks they present, is crucial for the financial community,” said David Craig, CEO, Refinitiv. “At Refinitiv, we believe the financial community has a significant role to play in allocating capital to high quality infrastructure that will make a difference in raising living standards and sustain-ably supporting the planet’s growing population. The Belt and Road initiative is an important example of where that role is vital.