Massachusetts-based online financial database company, Tradeline.com has entered an agreement to integrate institutional shareholding information from LionShares.com, a division of Worldly Information Network, Inc., into its data resources to create a one-stop information resource for the investment banking community.
Tradeline.com provides comprehensive market data and financial information to U.S. and international investment banking firms. Through its Tradeline Interactive Professional(TIP) interface, Tradeline is the first provider of accurate historical pricing data to provide information via a powerful Web- based application to the professional marketplace.
LionShares.com specialises in creating high quality data, flexible analytic tools and content that affects investor decisions by mining the SEC's database. It provides stock ownership data, giving a perspective of who's moving in and out of the ownership make-up of a company.
"Tradeline customers have a huge appetite for information," says Rob Archambault, Tradeline's president and CEO. "Adding LionShares' technical information to our data will definitely help streamline the research process for analysts and help them focus their efforts on companies that have excellent investment growth potential," he adds.