SunGard says Hemscott Data has gone live on FAME Desktop, a web-based work station for performing quantitative and analytic modeling using Microsoft Excel.
Hemscott Data will private-label and distribute the “Add-In,” under the name Hemscott Abacus, to customers as part of its latest version of product enhancements and expanded data services provided to investment analysts and portfolio managers.
“SunGard’s FAME Desktop Add-In for Microsoft Excel is a seasoned and proven solution that provides a more effective way to deliver our databases directly to buy-side and sell-side financial analysts, who already spend the bulk of their day working in a Microsoft Excel environment,” says Jon Brickman, an executive vice president and the head of global sales at Hemscott Data. “With FAME, we are able to integrate our databases with other major data providers and offer our clients a more convenient, simple method of viewing their data and models in Excel spread sheets on their desktops. This tool offers analysts and portfolio managers enhanced productivity and flexibility provided by an enterprise-class software provider that is well known and respected by Wall Street.”
“We are pleased that Hemscott Data has extended its relationship with SunGard to include FAME Desktop Add-In, as it will help to save valuable time in exposing relevant data to end users in an easy to use and efficient fashion,” adds Janet Crowley, the president of SunGard’s FAME business unit. “By providing efficient delivery of this data in to analysts’ models, they are able to more quickly determine return rates and help provide their clients with timely investment recommendations.”