Best Market Data Newcomer (Vendor or Product): Wall Street Horizon

IMD/IRD Awards 2016

wallstreethorizon
Left to right: Max Bowie; Barry Star, CEO; Bruce Fador, president and chief commercial officer, Wall Street Horizon; Steve Matchett

It may sound like a family-friendly dinner option, but when it comes to market data Enchilada is something very different from rolled corn tortillas. Enchilada is the latest news from Wall Street Horizon, making an impact with an offering that is aimed at providing institutional traders and investors with access to all corporate event data types in a single location—and winning the Best Market Data Newcomer award in the process.

Enchilada, launched in September 2015, is an online application featuring all of Wall Street Horizon’s 30 different forward-looking and historical corporate event data sets for 5,000 North American equities. 

Enchilada allows users to search event types and create an unlimited number of portfolio watchlists. For the companies on their watchlists, users receive a daily email report notifying them of the current events. It also has integrated email functionality to enable users to easily notify colleagues and clients of events. In addition, the new Enchilada application programming interface provides Wall Street Horizon clients and partners with an efficient way to build applications around the 30 data sets.

The application, which has already contributed to an increase in sales at Wall Street Horizon, helps investors save time on sourcing, monitoring and maintaining corporate event information, which can affect share prices and is often difficult and time-consuming to track down. With positive feedback from clients, there is now a long list of events included and the vendor continues to add even more event types to the application.

Judges called Enchilada a “seriously tasty solution”, praising it for being “chock-full of sliced, diced data and slathered in usability”. The innovative application is celebrated for its ability to improve operational efficiencies and reduce risk. In fact, according to judges, it “sounds like the whole enchilada”.

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