Named Best Online Professional Financial Information Service
NEW YORK, May 8 /PRNewswire/ -- TheMarkets.com, a leading provider of research, estimates and workflow solutions to institutional investors worldwide, today announced that its flagship research and estimates platform has been named a winner in the Software & Information Industry Association's 24th Annual CODiE Awards competition. The CODiE Awards recognize outstanding achievement and vision in the software, digital information and education technology industries, and are the only peer-judged awards of their kind.
TheMarkets.com was named the winner of the CODiE Award for Best Online Professional Financial Information Service. TheMarkets.com features real-time, global research and estimates from hundreds of contributors, and is used by over 2400 investment firms worldwide. The platform uniquely offers analyst earnings models in Excel format and contextual hyperlinks from its platform into the award-winning research portals of the world's leading broker-dealers.
"The CODiE Award is particularly meaningful because, to win it, participants must compete in front of a jury of peers," said David Kim, Vice President of Product Management for TheMarkets.com. "Winning this year, in particular, is exciting because, despite so much retraction among data vendors and software providers given the recent economic environment, TheMarkets.com has continued to innovate and expand our products. We've added content, enhanced our functionality and interface, and completed significant backend work--to keep raising the bar in what a research platform can do for investors." David Eisner, CEO and President of TheMarkets.com, said, "The CODiE award underlines what our market successes tell us: in 2008, we continued to significantly outpace our competitors' growth rates, retained over 90% of clients, and achieved all-time high usage because we, quite simply, offer the best - and most cost-effective - research platform available. We know that, as budgets and headcounts are declining on the buy-side, it's more important than ever for analysts and portfolio managers to use their time efficiently. Our mission continues to be, in both bad and good times, to save investors time and money by making it easy to find the critical information and data they need, whenever and wherever they need it." More than 800 nominations were submitted by 600 companies across all awards categories, according to the SIIA. "Now in its 24th year, the CODiE Awards continue to recognize those companies providing the best new technology products and services across a broad array of industries," said SIIA President Ken Wasch. "In addition, its winners are a prolific testament to the power of technology to deliver innovative solutions to businesses and consumers. SIIA warmly congratulates all of the winners and nominees of the CODiE Awards, whose innovation is essential for continuing America's leadership in the global knowledge economy." CODiE Awards winners were announced at a gala on May 5th, 2009 in San Francisco, CA.
About TheMarkets.com TheMarkets.com is a leading provider of research, estimates, and workflow solutions to over 2400 institutional investment management firms worldwide. TheMarkets.com is owned by: Banc of America Securities, LLC (NYSE:BAC), Citi (NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB), Dresdner Kleinwort, the commercial and investment banking division of Dresdner Bank AG, The Goldman Sachs Group (NYSE:GS), JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS), UBS Investment Bank (NYSE:UBS), and Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq; TRIN). DATASOURCE: TheMarkets.com CONTACT: Jasmine Swann, TheMarkets.com, +1-212-812-4631, Web Site: http://www.themarkets.com/
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