OTC Markets Group Unveils U.S. Bank Holding Company Corporate Structure Data on OTCMarkets.com
- Enhancement Provides Increased Transparency for Bank Holding Companies -
NEW YORK, Feb. 18, 2020 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today introduced corporate structure data for US bank holding companies on www.otcmarkets.com. This enhancement creates additional transparency for investors and provides pertinent corporate structure information for more than 550 U.S. banks trading on the OTCQX, OTCQB, and Pink markets as well as U.S. exchange-listed banks. Building on the recent integration of Call Reports, Corporate Structure information is the latest banking data set to be made publicly available.
Many banks are organized as a 'Bank Holding Company' which are often comprised of several specialized entities, including an operating bank. Integrating Corporate Structure data into OTCMarkets.com provides additional insight into the other entities the Bank Holding Company (BHC) owns. This data includes a visual representation of corporate structure levels, entity names, locations and ownership percentages.
"The Corporate Structure enhancement is designed to meet the needs of investors seeking to understand the corporate structure, assets and business lines of the publicly traded security as often it is not simply a single commercial bank," said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. "OTC Markets Group continues to leverage our bank analytics platform, Qaravan, to provide robust new data sets for the sector and deliver a more efficient marketplace for banks."
Corporate Structure data is available on bank profile pages on OTCMarkets.com and CanariSM, OTC Markets Groups' web-based compliance interface.
About QaravanSM Inc.
Qaravan is part of OTC Market Group's comprehensive Market Data offerings specifically designed to provide intuitive risk & performance analytics tailored to banking and finance industry professionals. Designed to provide bank management, boards of directors and regulators with an enhanced portfolio of research, reporting, metrics and analytics, Qaravan's data platform includes modules that are relevant across the entire banking ecosystem.
For more information about Qaravan, please visit www.qaravan.com or contact Chris Grant at [email protected]. To learn more about CanariSM from OTC Markets Group, please visit https://canari.otcmarkets.com.
To learn more about the products and services OTC Markets Group provides for community banks, please contact Laura Hamilton at [email protected]
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.
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OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.
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