S&P Global Market Intelligence: Insights to Make Decisions With Conviction
Carly Fiorina, the former president of Hewlett-Packard, once said, “The goal is to turn data into information, and information into insight.” More than ever, with vast amounts of data becoming more readily available every minute, turning data into intelligent information is vital. That’s where S&P Global Market Intelligence, a division of S&P Global Inc., comes in. As a global leader in research, data, and analytics, S&P Global Market Intelligence provides financial data, benchmarks, analytics, and news to investment professionals, corporations, universities, and government institutions to enable users with the insights they need to make informed business and investment decisions. With more than 10,000 employees in 55+ offices worldwide, S&P Global Market Intelligence focuses on collecting, interpreting, and analyzing vast volumes of content into customizable insights for various industry-specific and client-specific workflows, delivered through user-friendly desktop applications, mobile devices, data feeds, and APIs.
Key Platforms: S&P Capital IQ and SNL
S&P Global Market Intelligence’s premier platforms—S&P Capital IQ and SNL—equip businesses with the ability to analyze prevailing market trends and their implications for their businesses. Pavle Sabic, Director of the Market Development Team of S&P Global Market Intelligence, emphasizes how developing these platforms to help businesses make informed, smart decisions is a top priority. Sabic states, “We place an enormous focus on product usability, accessibility, and data visualization to ensure that we deliver our clients the right analytical tools, high-quality data, and unique insights to excel in their specific business functions.”
While both platforms provide robust tools for analysis and workflow management, the S&P Capital IQ and SNL platforms differ in their focus. The S&P Capital IQ platform combines comprehensive information on companies, markets, and people worldwide with robust tools for analysis, idea generation, and workflow management. The SNL platform lets users dive deeper into sector-specific metrics and analytics, integrated with exclusive news, key asset data, mapping tools, and regulatory insights for six specific industries: Financial Institutions, Insurance, Real Estate, Energy, Metals & Mining, and Telecommunications, Media & Technology.
We place an enormous focus on product usability, accessibility, and data visualization to ensure that we deliver our clients the right analytical tools, high-quality data, and unique insights to excel in their specific business functions
S&P Global Market Intelligence’s clients have integrated access to both the S&P Capital IQ and SNL platform with single sign-on.
Clients can leverage robust screening options, set up customized workflows, and access extensive data libraries—including access to data and research from S&P Global Ratings—to perform deep company research, run historical analysis, assess counterparty credit risk, or build valuation models, among other analysis. Beyond the platforms, S&P Global Market Intelligence’s solutions can live directly in their users’ workflows. This includes integration with Microsoft Excel, which lets clients access a robust template library to harness data from a broad variety of sources; as well as data feeds that pipe data directly into a client’s internal systems.
Services: Xpressfeed™ and BECRS
In addition to providing data aggregation and analysis capabilities, S&P Global Market Intelligence provides a powerful data feed management solution, Xpressfeed™, to let clients integrate data from the S&P Global databases directly into their products. This feature is important for enterprises and government agencies that have proprietary warehouses and need to analyze data through their own proprietary tools and products. “We understand that many of our clients’ operations depend on a myriad of proprietary tools, so we have designed our feed products with that need for flexibility and extensibility in mind. Customers can build their proprietary products on top our data services, which they can use for their analysis and research purposes,” explains Sabic.
S&P Global Market Intelligence also offers BECRS, a Business Entity Cross Reference Service for entities, companies, and issuers to help improve their data operations. This service simplifies entity linking for regulatory reporting to minimize operational risks, assist client on-boarding, and help manage investment restriction guidelines. For instance, if there are five different data points, each from a different source, it is nearly impossible for companies to crosscheck and integrate all of these points into a single point. The challenge amplifies during M&A activity when confidential information is transferred to another entity or business.
Case Study of Customization of Services: Government Institutions
Given the rising intricacies around global, corporate structures, and the regulatory need to under-stand parent-subsidiary and cross-border supply chain relationships, government agencies must create various links of data for the concerned companies to determine oversight, regulatory, and credit-risk workflows. One example is monitoring compliance of Transfer Pricing activities at large multinational corporations. This involves verifying if a company has transferred revenue or conducted intercompany loans to subsidiaries in different jurisdictions or geographies at fair market values. In such cases, government agencies should have all the interconnections in place, public and private company financials, independent credit assessment tools, and corporate yield curve data. S&P Global Market Intelligence assists government agencies with data management and transparency, to let them confidently verify if entities are following market standards and meeting key regulations like Base Erosion and Profit Sharing (BEPS) reforms from the Organization for Economic Co-Operation and Development (OECD).
Future of S&P Global Market Intelligence
A unique aspect of S&P Global Market Intelligence is their unwavering commitment to data quality. “A dedication to ensuring our clients have access to the highest quality data is at the core of our culture,” explains Sabic. “We are so committed to data timeliness and completeness that we challenge our clients to tell us when we miss the mark. We even offer $50 rewards qualifying submissions.
S&P Global Market Intelligence has plans in 2018 to release a unified global data platform (the Market Intelligence platform), which will bring together the combined power of S&P Capital IQ and SNL and offer customized displays tailored to a client’s specific workflow. “We want to make sure that when someone logs into our platform, they see specifically the things important for them on a day-to-day basis,” explains Sabic. The Market Intelligence platform is being designed to be responsive to the user’s needs—whether they are at their desk or on the road—offering the same level of comprehensive market data, deep sector information, and real-time insights on a desktop platform or mobile device. As Sabic states, “It’s really about ensuring that any data we collect is correct and available, with easy access for our customers.”