Nasdaq and Visible Alpha Partner to Provide Companies With Deeper Insight Into Analysts' Expectations of Their Performance
August 19 2015 - 8:01AM
Corporate Clients Will Have the Potential to Access New,
Ground-Breaking Analyst Data and Analytics to Improve
Communications With Investors
NEW YORK, Aug. 19, 2015 (GLOBE NEWSWIRE) -- The
Corporate Solutions business of Nasdaq (Nasdaq:NDAQ)
and Visible Alpha announced today an exclusive agreement
to provide detailed analyst forecast data and models on
the Nasdaq IR Insight platform. Through this
partnership, select corporate executives and investor relations
officers will gain the capability to compare and contrast the
financial and operating assumptions of the sell-side analysts that
drive market expectations of their companies.
"We are excited about the opportunities and
insights this new collaboration with Visible Alpha will bring to
our clients," said Brian Reynolds, Vice President, Corporate
Solutions, Nasdaq. "By providing more granular estimate
details from the leading brokerage firms, our clients will have
unique visibility into how their company is viewed by the analyst
community, well beyond the measures available today."
Visible Alpha works with the world's leading
investment banks and research providers to deliver individual
analyst and consensus forecasts across all aspects of corporate
performance, including full P&L, balance sheet and cash flow
statements as well as segment financial forecasts, product-level
sales and pricing projections, and company and industry-specific
operational metrics and assumptions.
"Transparent markets require clear
communications," said Scott Rosen, CEO, Visible Alpha. "Through our
partnership with Nasdaq, we hope to foster a deeper and more
informed dialog between corporate management, sell-side analysts
and the investment community as they address forward-looking issues
of company performance."
The initial exploratory phase of the
collaboration, beginning with a limited beta release, is a major
milestone in the ongoing development of the
next-generation Nasdaq IR Insight platform.
"We are committed to game-changing innovation
through collaborating with partners like Visible Alpha to bring
even greater benefit to our clients through our Nasdaq IR
Insight platform," said Nicholas Pastoressa, head of corporate
solutions products and platforms, Nasdaq. "By leveraging
incredible data sources and emerging technologies, we are building
dynamic new analytics to help IRO clients generate the unique
insights they are looking for."
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of
trading, clearing, exchange technology, listing, information and
public company services across six continents. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's
first electronic stock market, its technology powers more than 70
marketplaces in 50 countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to more than 3,600 listed companies
with a market value of approximately $9.6 trillion and more than
10,000 corporate clients. For more information,
visit business.nasdaq.com/intel.
About Visible
Alpha
Visible Alpha delivers a data and analytics
platform with comparable forecast models and comprehensive data
from the world's leading equity analysts. Visible Alpha aims to
enhance institutional investors' and corporate officers' analytical
capabilities to generate detailed and quantifiable insight into the
future fundamentals of companies.
For more information, visit visiblealpha.com or
connect with Visible Alpha on LinkedIn. Research providers
interested in distribution of their models and forecasts can email
contributor@visiblealpha.com. Institutional investors interested in
an early beta test program can email beta@visiblealpha.com.
NDAQG
CONTACT: MEDIA CONTACTS:
For Nasdaq: Ryan Wells (ryan.wells@nasdaq.com or
+44 (0) 7809 596 390)
For Visible Alpha: Andrew Graham (asg@agencyclear.com or
+1 646 385 0189)
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: The NASDAQ OMX Group, Inc. via Globenewswire
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