S&P Capital IQ, a business unit of McGraw Hill Financial (NYSE:MHFI) and a leading provider of research, analytics and data, today announced it had signed an agreement with GlobalView, one of the world's largest sources forenterprise-wide, market data solutions for the energy and commodity industries, to deliver a comprehensive market data and network infrastructure solution.
Among the services S&P Capital IQ will provide access to more than 25 real-time and delayed market data feeds, end-to-end fully redundant network management, and professional services required to integrate the S&P Capital IQ feeds into GlobalView’s existing data management infrastructure, speeding time-to-market.
With this fully-integrated solution, S&P Capital IQ will aid in reducing GlobalView’s total cost of ownership, while enriching its breadth and depth of market data. Benefits of the agreement include:
- Access to more than 25 market data feeds to power GlobalView’s multiple datacenters, fueling hundreds of internal applications and thousands desktops at approximately 600 energy and commodities firms, globally.
- A significant reduction in operational and implementation risk. By leveraging S&P Capital IQ’s compatibility with third-party middleware, GlobalView is able to further minimize infrastructure implementation costs.
- Better management of increasingly complex information through this technology with simplified access to the rich universe of datasets provided by McGraw-Hill Financial.
- Streamlined implementation and access to the full set of over 170 global cross-asset data feeds available from S&P Capital IQ, leading to faster time to market.
“S&P Capital IQ, together with many of our sister companies within the McGraw Hill Financial family, including Standard & Poor’s Ratings Services, S&P Dow Jones Indices and Platts, provides a one-stop shop for fundamental data, analytics, commodities, pricing, credit ratings and real-time market data for many asset classes,” said Brian Cassin, Managing Director, S&P Capital IQ. “This broad offering allows us to better complement content rich firms like GlobalView with the latest in high-quality market data distribution, hosting, and connectivity services.n, hosting, and connectivity services.”
“Our clients rely on us for delivering superior end-to-end data management solutions,” said Bruce Weis, Executive Vice President, Product Development and Data Integration, GlobalView. “Working with S&P Capital IQ furthers our ability to provide clients with access to new exchange data, and quickly integrate that data into our existing market data infrastructure.”
Many firms today are reviewing their market data infrastructure needs to ensure they are receiving the right information at the right time for maximum utility across multiple user types. S&P Capital IQ’s solution fosters greater robustness, scalability and interoperability of different data sets and types of content across an enterprise. This flexibility allows clients like GlobalView access to the broad sets of content and resources available through McGraw Hill Financial with virtually seamless integration into existing market data infrastructures.