CHICAGO, Nov. 1, 2011 /PRNewswire/ -- Morningstar, Inc.
(NASDAQ: MORN), a leading provider of independent investment
research, today announced it has changed the name of Logical
Information Machines, Inc. (LIM) to Morningstar Commodity Data,
Inc. and rebranded its products under the Morningstar name.
Morningstar acquired LIM in December
2009, adding energy, oil, gas, and commodities data and
analytics to Morningstar's lineup of global investment information
offerings. In addition, Morningstar Commodity Data has launched a
cloud-based solution for delivering its commodity and energy market
data.
"Morningstar Commodity Data provides commodity and energy market
data, predictive analytics, and advanced data management solutions
that help customers manage large sets of time-series data," said
Liz Kirscher, president of
Morningstar's data division. "This offering complements our core
data and software businesses. Renaming LIM and rebranding its
products under the Morningstar name reflect our ability to offer
our clients one source for comprehensive and timely data and
analytics."
Morningstar Commodity Data has also expanded its data hosting
options to include the computational and storage power of cloud
computing. This option provides clients around the world with
greater access to Morningstar commodity data with faster processing
time and easier implementation.
With the rebrand, the following product names have changed:
- XMIM is now Commodity Query
- MIMIC is now Commodity Charts
- LIM Add-In is now Commodity Add-In
- MIM is now Commodity DataServer
For more information about Morningstar commodity data, please
visit www.morningstarcommodity.com.
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
products and services for individuals, financial advisors, and
institutions. Morningstar provides data on approximately 330,000
investment offerings, including stocks, mutual funds, and similar
vehicles, along with real-time global market data on more than 5
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 $167 billion in assets under
advisement and management as of Sept. 30,
2011. The company has operations in 26 countries.
©2011 Morningstar, Inc. All rights reserved.
MORN-P
Media Contact:
Alexa Auerbach, 312-696-6481 or
alexa.auerbach@morningstar.com
SOURCE Morningstar, Inc.