Ipreo Integrates Global Fund Ownership Information from Morningstar to Bring Unique Fixed-Income & Equity Offering to Market
May 18 2009 - 9:45AM
Business Wire
Ipreo, a premier global provider of market intelligence
and investor data to investment banks and corporations, has
announced an agreement with Morningstar, Inc., (NASDAQ:
MORN) a leading provider of independent investment research, to
integrate Morningstar�s global fund ownership data into Ipreo�s
Bigdough fund manager profile database. Both investor relations and
capital markets professionals will now be able to access
comprehensive investor contacts and profiles combined with more
timely and complete ownership information aggregated across
multiple Morningstar investment databases, including mutual funds,
variable annuities, closed-end funds, exchange-traded funds,
separate accounts, and collective investment trusts.
Ipreo�s Bigdough database is the leading industry
resource for global investment manager contact data and investor
profiles, containing more than 80,000 contacts from about 25,000
institutions in approximately 100 countries, across all asset
classes: equity and fixed-income, including corporate debt,
municipal and sovereign debt, and structured products. With
thousands of updates made to the database every month, Ipreo offers
the most accurate and up-to-date institutional contacts information
on the market.
One of the first benefits to be seen from this agreement will be
in the fixed-income arena. Detailed information about fixed-income
investors has generally been incomplete and challenging to assemble
from multiple sources, but now the combined Ipreo/Morningstar
fixed-income content set will provide a more complete and in-depth
view of debt holdings as well as investment information and fund
ownership.
The combined dataset will be seamlessly integrated and
accessible through any of Ipreo�s intuitive prospecting and CRM
applications: BD Advanced, BD Vision, and BD
Corporate.
�As a recognized market leader, and with data on more than
300,000 investment offerings, Morningstar�s unique information is
an ideal complement to our institutional content,� said Bill
Sherman, EVP and MD of Global Data Strategy & Analytics at
Ipreo. �This arrangement with Morningstar demonstrates our
continuing commitment to support our clients� success in the global
markets with more comprehensive and best-of-breed market
intelligence, and access to more timely and robust data.�
"Both Morningstar and Ipreo share a meticulous attention to data
quality,� said Liz Kirscher, President of Data Services at
Morningstar. �The combination of these two robust datasets will
provide an unrivalled view into institutional investor ownership
and investment activity. We�re pleased to work with Ipreo to
integrate our fund ownership data into their offering for the
capital markets community, and for Morningstar to expand our reach
to a new set of institutional investors."
About Ipreo
Ipreo is a premier global provider of high quality data, expert
insight, and productivity solutions to Investment Banking and
Corporate clients. With decades of experience serving the capital
markets, a reputation for superior customer service, and a
commitment to creating technologies that improve our clients�
performance, Ipreo is both a dynamic innovator and a trusted
resource. Ipreo has approximately 500 employees and operations
throughout the US, Europe, and Asia. Ipreo is majority-owned by
private equity firm Veronis Suhler Stevenson (www.vss.com). For
more information, please go to www.ipreo.com.
About Morningstar
Morningstar, Inc. is a leading provider of independent
investment research in North America, Europe, Australia, and Asia.
The company offers an extensive line of Internet, software, and
print-based products and services for individuals, financial
advisors, and institutions. Morningstar provides data on more than
300,000 investment offerings, including stocks, mutual funds, and
similar vehicles, along with real-time global market data on more
than 4 million equities, indexes, futures, options, commodities,
and precious metals, in addition to foreign exchange and Treasury
markets. The company has operations in 19 countries and minority
ownership positions in companies based in three other
countries.
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