Overall Best Data Provider: S&P Global Market Intelligence
Inside Market Data & Inside Reference Data Awards 2019
S&P Global Market Intelligence—by virtue of its wins in the Risk Data Aggregation Provider and Reference Data Initiative categories and strong showings in the Counterparty Data Provider, Alternative Data Provider and AI/Machine Learning Data Initiative categories—bags the prestigious Overall Best Data Provider award for 2019.
“We chose S&P Global Market Intelligence as this year’s Best Overall Data Provider not just on the basis of the strength of its winning entries but also on the strength of its entries in other categories that showcased the vast depth and breadth of its data offerings and technical capabilities, and made the company stand above its competition,” said Max Bowie, editor-at-large, WatersTechnology.
It is fair to say S&P Global Market Intelligence has had a busy year, making significant investments in its expansive suite of content and solutions, and adding datasets and new capabilities from some notable acquisitions. For example, last year, parent company S&P Global completed its acquisition of Panjiva, a provider of data science-based sector-relevant insights on global supply chains, covering more than 40% of the world’s trade.
“We are now delivering Panjiva Supply Chain Intelligence via Xpressfeed, our datafeed management system, utilizing our cross-reference services capabilities, and we have made a further investment to continue to enhance and expand the coverage,” says Warren Breakstone, chief product officer of data management solutions at S&P Global Market Intelligence.
Expanding alternative and unstructured datasets has been a key focus for the company and it has made several offerings available through Xpressfeed, including machine-readable corporate transcripts and additional SNL asset data. Over the coming months, the company will also deliver Trucost environmental, social and governance data and introduce a suite of sentiment and behavioral scores on top of unstructured text products, starting with earning call transcripts.
“While we’re doing this, we will continue to enhance our Market Intelligence desktop solution, including unlocking some of Kensho’s capabilities,” says Breakstone. S&P Global acquired Kensho, a company that takes unstructured data and turns it into linked information, in a $550 million megadeal last year.
“As a data company we have vast troves of deep, historical and varied datasets, and it is vital that we provide clients with the capabilities to best access them, which is where Kensho comes in with its OmniSearch data-linking and search capabilities,” says Breakstone.
Innovation will continue to occupy a central position in the company’s 2019 strategy, he adds. “Clients are relying on us for the highest-quality content delivery and analytics, and we, as their partner, need to deliver at that highest level of expectation.”
Read more about the Inside Market Data & Inside Reference Data Awards 2019 winners
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