Long known as a leading provider of financial intelligence to the global investment community, FactSet Research Systems Inc. (NYSE: FDS) has chosen the Valordata Feed from Telekurs Financial to augment its securities master file.
The Valordata Feed (VDF) includes security descriptions, global instrument and issuer identifiers as well as corporate actions and events. VDF delivers information from Telekurs' database of structured, encoded securities information. Covering over 2.5 million instruments, VDF includes information about issuers, trading places, prices, underlying instruments, security and entity identification schemes, ratings, payment events and corporate actions.
"We chose the Valordata Feed from Telekurs for its combination of structured database and fully encoded data, as well as for the flexible instrument selection and output formats. We appreciate their extensive global coverage and high quality," said Robert J. Magri, Vice President and Director of FactSet Content and Strategic Partnerships.
As a leader in its field, Telekurs Financial specializes in the procurement, processing and distribution of international financial information for investment advisory services, asset management, financial analysis and securities administration. Maintained by Telekurs Financial through its 20 global offices, the Company's database is unparalleled throughout the world in terms of both depth and data coverage.
"FactSet has been a customer of Telekurs' data services for many years, and we are pleased that they have chosen to enhance their research services using our Valordata Feed," said Barry Raskin, President of Telekurs (USA) Inc.