NEW YORK, Oct. 12 /PRNewswire/ -- Capital IQ, a Standard & Poor's business and a leading provider of data and analytics for global financial professionals, announced the launch of a proprietary data collection technology that enables the intraday delivery of full financial statements, ratios, and trading multiples sourced from earnings releases. Minutes after announcement, Capital IQ clients can now view fully standardized and auditable financials of companies trading on North American exchanges, including ADRs.
The new proprietary collection method will provide access to comprehensive standardized financial statements faster than any other financial data provider while carrying an industry-leading level of transparency, integrity, and detail. All financials are fully standardized using Capital IQ's comprehensive collection taxonomy and methodology and are seamlessly integrated within the Capital IQ Platform. Clients can access the full suite of financial statements, ratios, and multiples via Capital IQ's company financial pages, Charting, Screening, Excel Plug-In, and Web Services.
"Having access to comprehensive and accurate financial statements minutes after earnings releases is crucial to the workflow of any financial professional," said Randall Winn, executive managing director of Capital IQ. "With the new collection process in place, our client base can continue to work faster and generate better investment ideas by accessing financials in real time."
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
SOURCE Capital IQ