CHICAGO, May 25 /PRNewswire-FirstCall/ -- LIM, a wholly
owned subsidiary of Morningstar, Inc. (Nasdaq: MORN), today
launched LIM Evolution, a new data warehouse that allows clients
real-time access to data feeds from vendors, exchanges, and
proprietary sources.
Designed to reside alongside a client's existing Market
Information Machine (MIM) server, which provides comprehensive
energy and financial historical data, LIM Evolution pulls data
directly from originating sources with near real-time delivery.
Clients can select which feeds they want to receive in real time
from nearly 400 vendors.
LIM offers an extensive historical database, with the oldest
data dating back 100 years for the financial sector, in addition to
data feeds from all energy Independent System Operators (ISOs). All
of the data delivered to a client will continue to go through LIM's
extensive quality assurance processes, and will be sent separately
to a client's MIM server, to identify any potential data
issues.
"We've spent several months designing this new data warehouse,"
said Kishore Gangwani, president of
LIM. "LIM Evolution sets the new industry standard for combining
real-time data delivery with data that has undergone rigorous
quality checks. Our clients can benefit from this offering that
delivers both streams of data."
Other benefits of the new LIM Evolution platform include:
- Improved ability to deliver and store data in both relational
and time-series formats, instead of only a time-series format with
the stand-alone MIM server;
- Capability to connect to any type of client database, such as
Oracle, MySQL, or LIM's patented time-series database, allowing for
flexible data storage;
- Continued access to LIM's high standards for data accuracy and
completeness, with rigorous quality assurance tests; and
- Use of LIM's Data Monitoring tool to provide details such as
load status and download times of a client's real-time feeds
on-site, or remotely by LIM's operations team.
LIM aggregates data from all the major exchanges, the
electricity system operators (ISOs), price-providing services,
major commodity brokers, weather vendors, and other key data
sources. In addition to gathering, processing, standardizing,
inspecting, and distributing more than 20 million data points every
week, LIM provides data management tools to store and quickly serve
up the data. In addition, clients have access to research tools for
analyzing the markets, back-testing strategies, and charting
models.
Morningstar acquired Chicago-based LIM, which provides data,
analytics, and research primarily in the energy, commodity, and
financial sectors, in December
2009.
About Morningstar, Inc.
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 approximately 350,000 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 20 countries and minority ownership positions in
companies based in two other countries.
©2010 Morningstar Inc. All rights reserved.
MORN-P
Media
Contact:
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Nadine Youssef,
312-696-6601 or nadine.youssef@morningstar.com
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SOURCE Morningstar, Inc.