Students Analyzed the Impact of Inflation
by Accessing Key Datasets and Developing Financial Models Through
the S&P Capital IQ Product Suite
NEW
YORK, Dec. 13, 2022 /PRNewswire/ -- S&P
Global Market Intelligence ("Market Intelligence") concluded its
first ever Finance Challenge Hackathon, a competition open to
students at Pennsylvania-based
Villanova University. The competition
was conducted in collaboration with The Center for Business
Analytics at the Villanova School of Business (VSB). The winning
team will visit the S&P Global headquarters in New York to meet with and receive mentorship
from Market Intelligence senior leadership.
Participating students were invited to construct a mix of
quantitative and qualitative analysis to solve a financial
challenge statement. During the two-week hackathon challenge,
students used datasets and financial modeling capabilities within
Market Intelligence's core desktop platforms to assess the impact,
response, and find solutions to inflation in 2022. The students
worked to understand how inflation has affected a company,
individuals, or entire markets while also commenting on responses
and where additional measures might be taken to continue addressing
high inflation rates.
The winning team, Team Elite, led a project focused on
analyzing the negative impact of inflation on the real estate
investment trusts (REIT) industry. Leveraging both S&P Capital
IQ and S&P Capital IQ Pro, they analyzed Secured Overnight
Financing Rates (SOFR), real estate debt markets, acquisitions and
dispositions, and REIT valuations. Their findings showed why
increasing rates are unfavorable to the industry while proposing
varying measures to decrease inflation in tandem with helping with
the REIT industry's recovery.*
"We are thankful to Villanova
University for their collaboration in helping students build
the skills critical to their future careers while creating
stimulating and macroeconomic-relevant exercises for them to
address a market-related challenge," said Lynn Bachstetter, Global Head of Cross Product
Market Development at S&P Global Market Intelligence.
"Bringing together students with curious minds and providing access
to our flagship desktop platforms, which are used by today's
leading business and financial professionals, generated creative
and innovative ideas about building a more stable economic
environment and we thank every student for their
participation."
During the hackathon, more than thirty students formed fifteen
teams and partnered with each other to develop models that
showcased their findings. The students leveraged the financial
datasets alongside tools within the S&P Capital IQ and S&P
Capital IQ Pro platforms (including Excel Add-in, Mapping,
Screening, etc.) to analyze the current state of the economy.
"The partnership between S&P Global Market Intelligence and
the Center for Business Analytics has been a tremendous success,"
said Daniel Wright, PhD, Faculty
Director of the Center for Business Analytics at VSB. "The
hackathon brings classroom theory to real-world practice and
squarely fits with the VSB student experience."
Upon conclusion of the hackathon, participants received a
digital credential. Second and third place winners also received
S&P Global branded merchandise.
*The views of students who participated in the Finance Challenge
Hackathon do not represent the views of S&P Global Market
Intelligence.
About S&P Global Market Intelligence
At S&P
Global Market Intelligence, we understand the importance of
accurate, deep and insightful information. Our team of experts
delivers unrivaled insights and leading data and technology
solutions, partnering with customers to expand their perspective,
operate with confidence, and make decisions with
conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
Media Contact
Amanda Oey
S&P Global Market Intelligence
+1 212-438-1904
amanda.oey@spglobal.com
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SOURCE S&P Global Market Intelligence