Kurtosys Signs Data Redistribution Agreement with Morningstar UK
21 Aug, 2012, 08:00 ET
LONDON, August 21, 2012 /PRNewswire/ --
Kurtosys Systems, a leading global provider of tools to attract and retain investor assets, is proud to announce a new content agreement with Morningstar UK Ltd that sees Kurtosys become a redistributor of the company's market data and notably makes Kurtosys the first third-party redistributor of Morningstar data on mobile and tablet apps in the UK.
Morningstar UK is a subsidiary of Morningstar, Inc., a leading provider of independent investment research. This new relationship will see Kurtosys tools powered by Morningstar data, adding another layer of confidence for customers who depend upon us for client reporting, websites or interactive fund tools.
Accurate, transparent data has never been more important to investors but managing it creates a huge operational burden for asset managers. Direct market data feeds improve customer relationships whilst reducing resource demands, delivering a win:win scenario for asset managers and their clients.
Jeff Hendren, President at Kurtosys, said, "Data credibility is key to all digital tools for asset managers so securing market data feeds from one of the industry's leading providers creates yet another compelling reason for asset managers to trust us with their digital marketing and reporting needs. We look forward to creating many more digital solutions powered by Morningstar."
Geoff Balzano, UK CEO, Morningstar, said, "We've built our reputation on helping investors, advisers and institutions get the best from our high-quality financial data and insight. We value a redistributor that shares these ideals and can provide state-of-the-art tools. Kurtosys do that and we look forward to a long and successful working relationship."
Kurtosys is a global provider of digital tools that help asset managers attract and retain investor assets. Since 2002, our team of industry experts have been using digital media to transform the way that financial information is shared and consumed.
Our solutions help brands connect with their customers using the power of online and mobile communications. Our robust infrastructure and outsourcing services help eliminate unnecessary workflows and reduce costs, and our web and document design services are dedicated to making financial data beautiful.
Headquartered in London, Kurtosys has offices in New York, San Francisco, Cape Town, Gurgaon (India) and Manila. Our presence spans five continents and our clients include some of the world's largest asset managers.
Kurtosys offers a broad range of digital marketing and reporting tools including - Client Reporting, Fund Fact Sheets, Fund Tools and Secure Portals. You can find out more about Kurtosys at http://www.kurtosys.com or by subscribing to the Kurtosys blog.
About Morningstar UK
Morningstar UK is the UK subsidiary of Morningstar, Inc. a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has more than $186 billion in assets under advisement and management as of June 30, 2012. The company has operations in 27 countries.
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