ClariFi, a Standard & Poor's Capital IQ business and leading provider of software and services focused exclusively on providing investment managers with a complete solution to their research and production workflows, and Standard & Poor's Compustat, a leader in high quality fundamental data and corporate information, today announced the launch of ModelStation Xpress, a web-delivered analytics/data solution for investment management research and production, based on ClariFi's flagship product ModelStation and the Compustat Xpressfeed database.
ModelStation Xpress takes the industry's leading investment management platform to new heights by combining its robust analytics with Compustat Xpressfeed's data packages in a software-as-service delivery platform, thus eliminating the need for hardware or installation while maintaining the ability to integrate with client data. This joint offering provides fast and secure web-based access to ModelStation's full functionality including its backtesting, event study, portfolio construction, and portfolio attribution features.
Donovan Goodreau, Vice President of Sales & Business Development for ClariFI stated, "While we've already established ModelStation as the industry-standard platform for quantitative analytics, we firmly believe that being able to offer a web-delivered version of our product paired with a foundational set of timely, reliable data will help us appeal to an even greater segment of the market. ModelStation Xpress is simply an extension of our strategy to deliver the most flexible and comprehensive platform for research and production to all levels of the investment management community."
Mark Arduino, Vice President of Sales for Standard & Poor's Compustat said, "We are very excited to deepen our partnership with ClariFI on this great product offering. As a global company, we see tremendous value in leveraging the collaborative capabilities of ModelStation and Compustat, and we are confident that this joint solution will give clients the data and analytics needed to deliver winning investment strategies in less time and with less effort."