Kurtosys inks data redistribution agreement with Morningstar

Source: Kurtosys Systems

Kurtosys Systems, a leading global provider of tools to attract and retain investor assets, is proud to announce a new content agreement with Morningstar UK Ltd that sees Kurtosys become a redistributor of the company's market data and notably makes Kurtosys the first third-party redistributor of Morningstar data on mobile and tablet apps in the UK.

Morningstar UK is a subsidiary of Morningstar, Inc., a leading provider of independent investment research. This new relationship will see Kurtosys tools powered by Morningstar data, adding another layer of confidence for customers who depend upon us for client reporting, websites or interactive fund tools.

Accurate, transparent data has never been more important to investors but managing it creates a huge operational burden for asset managers. Direct market data feeds improve customer relationships whilst reducing resource demands, delivering a win:win scenario for asset managers and their clients.

Jeff Hendren, President at Kurtosys, said, "Data credibility is key to all digital tools for asset managers so securing market data feeds from one of the industry's leading providers creates yet another compelling reason for asset managers to trust us with their digital marketing and reporting needs. We look forward to creating many more digital solutions powered by Morningstar.

Geoff Balzano, UK CEO, Morningstar, said, "We've built our reputation on helping investors, advisers and institutions get the best from our high-quality financial data and insight. We value a redistributor that shares these ideals and can provide state-of-the-art tools. Kurtosys do that and we look forward to a long and successful working relationship." 

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