Standard & Poor's Acquires ClariFI(TM); Portfolio Analytics Added to Capital IQ

15 May, 2007, 01:00 ET from Standard & Poor's

    NEW YORK, May 15 /PRNewswire/ -- Standard & Poor's, the foremost
 provider of financial market intelligence, today announced that it has
 completed the acquisition of ClariFI(TM), a leading provider of software
 and services focused on quantitative portfolio management and research. The
 acquisition adds portfolio analytics to Standard & Poor's Capital IQ, a
 leader in web- based professional financial information solutions, and
 furthers the strategy of providing Capital IQ clients with the highest
 quality data, analytics and tools that can streamline their workflows and
 improve decision making. Terms were not disclosed.
     ClariFI helps quantitative portfolio managers and researchers decrease
 the time it takes to research, test, and act on their alpha generating
 investment strategies. Its open platform, ModelStation(TM), allows clients
 to integrate their existing datasets and analytical tools while
 consolidating the workflow within a single software application. ClariFI
 has a broad client base that includes four of the world's top five
 investment management firms, hedge funds of all sizes, and proprietary
 trading desks.
     "We have been very successful in providing fundamental research
 solutions for financial firms, but our clients are increasingly looking for
 portfolio analytics," said D. Randall Winn, Standard & Poor's Managing
 Director with responsibility for Capital IQ and Compustat. "With ClariFI,
 we can address immediate client needs and target new opportunities to serve
 quantitatively oriented investment managers. Over time, as we integrate
 ClariFI's technology with Capital IQ, the combined offering will represent
 one of the most comprehensive and robust financial information and
 analytical platforms in the marketplace. Moreover, there is potential for
 further collaboration with other Standard & Poor's services such as
 Compustat which makes this transaction even more exciting."
     "Standard & Poor's Capital IQ team is an ideal partner, with the brand,
 resources, and distribution capabilities to accelerate our growth. Our
 respective clients will benefit from the unique combination of data and
 analytics that will be available in ModelStation and through Capital IQ's
 web- based platform. Our products and teams are highly complementary and we
 value Capital IQ and Compustat's track record of success and innovation,"
 said Gioel Molinari, Chief Executive Officer of ClariFI.
     "This acquisition furthers S&P's mission to provide global markets with
 financial market intelligence across a range of asset classes. As
 importantly, it will immediately add to Capital IQ's ability to give our
 clients portfolio analytics," said Deven Sharma, Executive Vice President,
 Standard & Poor's.
     ClariFI's team, including Gioel Molinari, co-founder, will remain in
 place as part of the acquisition and ClariFI's mission will be unchanged.
 ModelStation(TM) will remain an open platform allowing clients to optimize
 their workflow with any combination of proprietary or third party data
 sources, risk models, and optimization technologies they choose.
     About Standard & Poor's and Capital IQ
     Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:   MHP),
 is the world's foremost provider of financial market intelligence,
 including independent credit ratings, indices, risk evaluation, investment
 research and data. With approximately 8,500 employees, including wholly
 owned affiliates, located in 21 countries, Standard & Poor's is an
 essential part of the world's financial infrastructure and has played a
 leading role for more than 140 years in providing investors with the
 independent benchmarks they need to feel more confident about their
 investment and financial decisions. For more information, visit
 http://www.standardandpoors.com.
     Capital IQ, a service of Standard & Poor's, provides high-impact
 information and workflow solutions to over 1,800 leading financial
 institutions, advisory firms, and corporations. Its solutions are based on
 the Capital IQ Platform, a unique combination of global private and public
 capital market data and technology that enables end-users to draw deep
 market insights, generate better ideas, leverage relationships, and
 simplify workflow. Clients can deploy the Capital IQ Platform either as a
 standalone solution or seamlessly integrate its components into existing
 business applications and portals via systems integration and data feeds.
 For more information, please visit Capital IQ's web site at
 http://www.capitaliq.com.
     About ClariFI
     ClariFI provides software and services focused exclusively on helping
 quantitative portfolio managers and researchers decrease the time it takes
 to research, test, and put into production their alpha generating
 strategies, leading to reduced operational risk, decreased time-to-market,
 and a significant competitive advantage. Headquartered in Boca Raton, FL,
 ClariFI counts four of the top five largest investment managers in the
 world, hedge funds of all sizes, and proprietary trading desks at leading
 brokerage firms and banks as its clients. Additional information about
 ClariFI can be found at http://www.clarifi.com.
 
 

SOURCE Standard & Poor's
    NEW YORK, May 15 /PRNewswire/ -- Standard & Poor's, the foremost
 provider of financial market intelligence, today announced that it has
 completed the acquisition of ClariFI(TM), a leading provider of software
 and services focused on quantitative portfolio management and research. The
 acquisition adds portfolio analytics to Standard & Poor's Capital IQ, a
 leader in web- based professional financial information solutions, and
 furthers the strategy of providing Capital IQ clients with the highest
 quality data, analytics and tools that can streamline their workflows and
 improve decision making. Terms were not disclosed.
     ClariFI helps quantitative portfolio managers and researchers decrease
 the time it takes to research, test, and act on their alpha generating
 investment strategies. Its open platform, ModelStation(TM), allows clients
 to integrate their existing datasets and analytical tools while
 consolidating the workflow within a single software application. ClariFI
 has a broad client base that includes four of the world's top five
 investment management firms, hedge funds of all sizes, and proprietary
 trading desks.
     "We have been very successful in providing fundamental research
 solutions for financial firms, but our clients are increasingly looking for
 portfolio analytics," said D. Randall Winn, Standard & Poor's Managing
 Director with responsibility for Capital IQ and Compustat. "With ClariFI,
 we can address immediate client needs and target new opportunities to serve
 quantitatively oriented investment managers. Over time, as we integrate
 ClariFI's technology with Capital IQ, the combined offering will represent
 one of the most comprehensive and robust financial information and
 analytical platforms in the marketplace. Moreover, there is potential for
 further collaboration with other Standard & Poor's services such as
 Compustat which makes this transaction even more exciting."
     "Standard & Poor's Capital IQ team is an ideal partner, with the brand,
 resources, and distribution capabilities to accelerate our growth. Our
 respective clients will benefit from the unique combination of data and
 analytics that will be available in ModelStation and through Capital IQ's
 web- based platform. Our products and teams are highly complementary and we
 value Capital IQ and Compustat's track record of success and innovation,"
 said Gioel Molinari, Chief Executive Officer of ClariFI.
     "This acquisition furthers S&P's mission to provide global markets with
 financial market intelligence across a range of asset classes. As
 importantly, it will immediately add to Capital IQ's ability to give our
 clients portfolio analytics," said Deven Sharma, Executive Vice President,
 Standard & Poor's.
     ClariFI's team, including Gioel Molinari, co-founder, will remain in
 place as part of the acquisition and ClariFI's mission will be unchanged.
 ModelStation(TM) will remain an open platform allowing clients to optimize
 their workflow with any combination of proprietary or third party data
 sources, risk models, and optimization technologies they choose.
     About Standard & Poor's and Capital IQ
     Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:   MHP),
 is the world's foremost provider of financial market intelligence,
 including independent credit ratings, indices, risk evaluation, investment
 research and data. With approximately 8,500 employees, including wholly
 owned affiliates, located in 21 countries, Standard & Poor's is an
 essential part of the world's financial infrastructure and has played a
 leading role for more than 140 years in providing investors with the
 independent benchmarks they need to feel more confident about their
 investment and financial decisions. For more information, visit
 http://www.standardandpoors.com.
     Capital IQ, a service of Standard & Poor's, provides high-impact
 information and workflow solutions to over 1,800 leading financial
 institutions, advisory firms, and corporations. Its solutions are based on
 the Capital IQ Platform, a unique combination of global private and public
 capital market data and technology that enables end-users to draw deep
 market insights, generate better ideas, leverage relationships, and
 simplify workflow. Clients can deploy the Capital IQ Platform either as a
 standalone solution or seamlessly integrate its components into existing
 business applications and portals via systems integration and data feeds.
 For more information, please visit Capital IQ's web site at
 http://www.capitaliq.com.
     About ClariFI
     ClariFI provides software and services focused exclusively on helping
 quantitative portfolio managers and researchers decrease the time it takes
 to research, test, and put into production their alpha generating
 strategies, leading to reduced operational risk, decreased time-to-market,
 and a significant competitive advantage. Headquartered in Boca Raton, FL,
 ClariFI counts four of the top five largest investment managers in the
 world, hedge funds of all sizes, and proprietary trading desks at leading
 brokerage firms and banks as its clients. Additional information about
 ClariFI can be found at http://www.clarifi.com.
 
 SOURCE Standard & Poor's

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