Morningstar UK, a subsidiary of independent investment research firm Morningstar, Inc. (NASDAQ: MORN), has announced a hosted web solution and equity data agreement with Proquote, a real-time market data and trading services provider that is part of London Stock Exchange Group.
Under the terms of the agreement, Morningstar now provides Proquote with a fully hosted web-based solution that gives users access to company reports for all London Stock Exchange quoted companies. The reports provide detailed fundamental, financial, and other key information including company overviews, key financials, dividends, broker sentiments and forecasts. The reports are available to users of the Proquote market data terminal.
David Tibbetts, Head of Proquote comments: "We are delighted to strengthen our relationship with Morningstar. This agreement reinforces Proquote's position as a leading market data platform and demonstrates our commitment to enhancing our product offering. The web-based company reports will improve our users' experience by providing greater access to key market data."
Geoff Balzano, chief executive officer of Morningstar UK comments: "Our on-going relationship with Proquote is a reflection of the trust that investors put in our investment information. Data quality is at the heart of what we do, and we are pleased to have this opportunity to further support Proquote and the investors they serve by leveraging our extensive database of listed company information."