Fitch Boosts Financial Fundamentals Data

Fitch began the project to increase its coverage in the second quarter of 2008, which saw the vendor add interim financial statement data from an additional 1,200 non-US banks, bringing its international coverage to more than 3,400 and the total number of banks covered to 11,700 by the end of last year.

"When we first began this project, we were looking to expand our coverage universe [of interim statements for financial institutions] by 50 percent globally... [and] we're now nearing completion

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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