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Standard & Poor's Provides Corporate Actions Data Through FinDataPortal

Posted on: Tuesday, 20 January 2009, 09:20 CST

North American Dividends and Unit Investment Trust information now available for customized searches and downloading through online portal

NEW YORK, Jan. 20 /PRNewswire/ -- Standard & Poor's, a leading provider of financial market intelligence and independent fixed-income evaluations and data, today announced that its North American Dividend Record and Unit Investment Trust services are now available through FinDataPortal. This data is used by front and back office operations to track and process payments and other corporate actions.

FinDataPortal, an independent financial data portal launched in November 2008, offers a wide range of searching and screening capabilities in addition to electronic versions of the complete Dividend Record and Unit Investment Trusts services content. Clients can search individual issues or create customized listings based on date range, distribution type, asset class, or on the individual securities in their portfolios.

In upcoming releases Standard & Poor's will be including Unit Investment Trust Announcements, Tax Status of Dividends and Fixed Income Corporate Actions, including delimited file downloading, for customized search requests.

"With FinDataPortal's customization capabilities, clients can have affordable access to the content they need," said Frank Ciccotto, Senior Vice President, Standard & Poor's. "The delimited file download offering eliminates all the programming and expense associated with traditional universe feeds. By extending our print service to this platform, clients will have instantaneous access to their subscriptions."

In today's marketplace, a growing segment of institutions have outsourced their corporate actions processing. FinDataPortal, by hosting multiple vendors, facilitates access to the original vendor content sets. Whether it's researching a specific security or comparing announcements from various vendors, the FinDataPortal platform serves as a single source for research and access to dividends and corporate actions.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.

About FinDataPortal Inc.

FinDataPortal Inc is a new financial data portal launched in November 2008. It is owned by Information Publishing Plc which also owns Exchange Data International Limited. FinDataPortal aims to host many different financial data providers on its website often with competitive offerings in order to give its users a wide array of choice. Instead of hefty annual charges there will be a low minimum fee and users will be charged per hit. FinDataPortal is a product for these challenging financial times.

SOURCE Standard & Poor's

Source: PR Newswire

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