Managed Solutions business of Interactive Data Corporation has integrated the European fund database from Morningstar, Inc. into its financial market terminal, PrimeTerminalSM Professional Edition.
The new optional data package is primarily designed for investment advisors and asset managers in the wealth management segment to help enable quick fund analyses and a more efficient advisory process.
Morningstar’s fund database provides comprehensive information on some 60,000 investment funds registered across Europe, including approximately 20,000 investment funds registered in Germany. The information includes daily prices, key figures such as Sharpe ratio, alpha and beta, as well as ISIN, fund currency, volume, and Morningstar ratings. Users can access information relating to the investment structure of the individual funds, broken down by country, sector or currency. Information on US and Asian markets may be available as optional add-on packages.
In addition, PrimeTerminal now offers a filter to help search for specific listed funds and Exchange Traded Funds (ETFs) and the Risk Return Map fund analytics tool, which is designed to help users compare the risks and volatilities of funds based on different timeframes and fund categories.
PrimeTerminal provides access to real-time quotes, historical and master data, risk figures, performance indicators, company data, annual reports and analyst appraisals. It can also interface with the users internal data, content management and customer relationship management systems.
“This significant extension of our fund data offering to include Morningstar data, combined with the new and enhanced search and analytics functions, can help investment advisors particularly those in the wealth management segment to increase the efficiency of their daily workflow processes,” says Carsten Dirks, managing director of Interactive Data Managed Solutions.
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