Press release from PR Newswire
S&P Capital IQ and Kuberre Systems Sign Data Facilitator Agreement
Monday, May 13, 2013
S&P Capital IQ and Kuberre Systems Sign Data Facilitator Agreement10:12 EDT Monday, May 13, 2013
Accessing the universe of S&P Capital IQ's data via one EDM system enables Kuberre clients to minimize the maintenance and programming of multiple vendor feeds
NEW YORK, May 13, 2013 /PRNewswire/ -- S&P Capital IQ, a leading provider of multi-asset class data, research and analytics, today announced that it has signed a Data Facilitator Agreement with Kuberre Systems. Kuberre Systems gains access to S&P Capital IQ's full suite of data feeds, including financials, global market data, equity research and estimates, fixed income, news and events, and security valuations and pricing. With the deeper access to S&P Capital IQ's rich data feeds granted under this arrangement, Kuberre Systems will be able to integrate S&P Capital IQ's content into customers' platforms and business operations in a faster and more efficient manner.
"This agreement was signed because a client wanted to manage their data needs in one central location," said Rui Carvalho, Managing Director of S&P Capital IQ Enterprise Solutions. "On a broader scale, we see an industry need where an increasing number of clients want to seamlessly integrate and effectively retrieve and manage data from internal and external applications."
Carvalho added that Enterprise Data Management remains challenging and continues to impact costs and efficiencies throughout many companies. He noted the lack of data integrity is an issue on a daily basis and could skew key performance metrics such as accuracy, customer service, compliance, and reputation.
"S&P Capital IQ's agreement with Kuberre Systems underscores our leadership in this specialized sector where efficiencies in quality, time as well as cost are an absolute must," said Kumar Metlapalli, founder and CEO of Kuberre Systems. "Expert mapping, management of financial data of all types, and integrating with clients' internal holdings and transactions is at the core of what we do and who we are as a company. For customers, our relationship with S&P Capital IQ means they'll be able to integrate new, customized and specialized data sets more quickly, and extract maximum value from that data to gain the competitive edge they're seeking."
About S&P Capital IQS&P Capital IQ, a part of The McGraw-Hill Companies, is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. Evaluated pricing is prepared by Standard & Poor's Securities Evaluations, Inc., a part of S&P Capital IQ and a registered investment adviser with the U.S. Securities and Exchange Commission. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need. For more information visit: www.spcapitaliq.com.
About Kuberre Systems, Inc. Founded in 2001 and headquartered in North Andover, MA, Kuberre Systems, Inc. provides capital markets customers with data management software and service offerings, high-performance computing, investment analytics, and workflow management solutions. Kuberre Systems is dedicated to being a nimble provider of innovative products and services. The company's suite of solutions includes: building and implementing a consolidated and fully managed Security Master, providing pricing and benchmark hubs, building performance return/factor attribution solutions, a high performance computing platform, an ultra-low latency HFT/algorithmic trading service including pre-trade risk controls, and custom risk dashboards for the enterprise. For more information on Kuberre Systems, visit: www.kuberresystems.com.
SOURCE S&P Capital IQ
For further information: Kuberre Systems: Bruce R. Fador, (978 ) 689-1855 x212, firstname.lastname@example.org; or S&P Capital IQ, Marc Eiger, (212) 438-1280, email@example.com