Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology and market infrastructure, has acquired risQ and Level 11 Analytics. The two firms offer sophisticated, data-driven technologies for the management of climate change risk.

The two firms use integrated data mapped to financial securities to provide quality climate risk analytics and investment decision-making tools. Specifically, the firms offer climate risk and ESG data for municipal bond, mortgage backed securities and real estate markets.

ICE works to provide global financial markets data and analytics to help customers manage risk around climate change and energy transition.

“Understanding and measuring climate risk, and its impact on investment decisions, continues to be a growing area of focus for our customers,” said Lynn Martin, president of fixed income and data services at ICE. “risQ and Level 11 Analytics provide unique data sets and platforms, and their strong analytical background and focus on ESG factors, real estate and the mortgage markets, serve as fertile ground for creating innovative products that offer more insights for our customers.”