NEW YORK, June 6, 2011 /PRNewswire/ -- Capital IQ, a Standard & Poor's business and a leading provider of financial market data, analytics and solutions, today announced that Capital IQ Compustat has once again been awarded "Best Analytics Provider" by Inside Market Data magazine. The 9th annual Inside Market Data and Inside Reference Data Awards were presented at a ceremony on May 24th in New York City. These awards recognize innovation and industry excellence in financial technology, market data, research and analytics.
"The global financial information industry continuously leverages technology to shape how market data is gathered, disseminated and analyzed. At Compustat, close attention to client feedback and today's markets are also key drivers of innovation. This award reflects how well our resulting products and services are being received," said Mitch Abeyta, Managing Director, Compustat.
Compustat provides best-of-class fundamental and market data trusted by leading financial institutions and investment professionals around the world. Compustat provides the data needed to develop alpha generating investment opportunities, complex portfolio trading models, and in-depth analysis of investment theories. Quantitative Analysts can broaden their data analysis with unmatched company history and key restated and un-restated data, gain perspective by seeing true company value, and easily identify buy/sell opportunities.
About the Inside Market Data Awards
For over 25 years, Inside Market Data (IMD) has been an expert source for journalistic coverage of the financial-market technology space. Readers at investment banks, hedge funds, brokerages, asset management, trading firms, and other financial institutions with key responsibilities across data management, research and technology voted in 20 different categories. Nominees and winners were selected by majority vote and a panel of judges from UBS, JP Morgan, Morgan Stanley, Wells Fargo, HSBC, EDM Council, FISD, Alte Group, and the editors in chief of IMD and sister publication Inside Reference Data.
About Capital IQ and Standard & Poor's
Capital IQ, a Standard & Poor's business, delivers comprehensive fundamental and quantitative research and analysis solutions to over 4,200 investment management firms, investment banks, private equity funds, advisory firms, corporations, and universities worldwide. Its solutions are based on the Capital IQ Platform, Compustat, ClariFI, and Alphaworks products, and offer an array of powerful applications for desktop research, screening, real-time market data, backtesting, portfolio management, financial modeling, and quantitative analysis. For more information, please visit Capital IQ's web site at www.capitaliq.com.
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.
For Capital IQ
SOURCE Capital IQ