Standard & Poor’s Now Provides Comprehensive Ratings Data to Netik Global Securities Master(SM)

Netik’s GSM Service to Carry S&P RatingsXpress(TM) Data

NEW YORK, Dec. 16 /PRNewswire/ — Standard & Poor’s, a leading provider of financial market intelligence, today announced that it will provide comprehensive ratings data to the recently launched Netik Global Securities Master (Netik GSM(SM)). Investment companies, hedge funds and other financial institutions that use Netik GSM to manage their securities master feeds will now have access to Standard & Poor’s RatingsXpress, providing them with a direct feed of S&P credit ratings for more insight into the risk in their portfolios.

RatingsXpress will supply Netik GSM with a customizable, real-time feed of Standard & Poor’s ratings, covering hundreds of thousands of securities globally. This relationship means that Netik GSM now offers comprehensive ratings coverage of Corporates, Financial Institutions, Governments, Insurance, Utilities and Structured Finance.

“Institutional investors who need to manage multiple data feeds but still want the in-depth views and opinions of Standard & Poor’s world-class credit analysts and high-quality credit ratings now will be able to acquire that information through the Netik GSM utility,” said Charles Warburton, Director, Product Management, Standard & Poor’s. “Widening access to clean and critical data is in line with Standard & Poor’s goal to provide market participants with the finest market data in order for them to make the most informed investment decisions.”

Brian Lott, EVP Operations at Netik, said, “Netik GSM is a fully managed service solution bringing together Netik’s people, product and well-honed process, plus proven technology, to form the most effective and cost effective data management operations platform in the market today. As a result of this agreement with Standard & Poor’s, Netik’s GSM customers will uniquely be able to benefit from the addition of cleansed ratings data as part of their service.”

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 http://www.standardandpoors.com.

About Netik

Netik is a global leading provider of financial data management services and products to the Securities industry. Netik’s data management products, include Netik Global Securities Master, Netik GSM(SM), a reference data managed service, Netik InterView(TM) a data warehouse for the storage of holistic financial data and Netik Information Portal(SM) to visualize data sit at the heart of Investment Operations at many of the world’s leading Asset Managers, Hedge Funds, Wealth Managers, Private Bankers, Prime Brokers, Fund Administrators, Custodians, Investment Operational Outsourcing providers and Investment Banks. For more information please visit http://www.netik.com.

SOURCE Standard & Poor’s