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ClariFI Launches Event Study; Introduces Fundamental Enhancements to its Market-Leading Investment Management Platform

Posted on: Thursday, 12 February 2009, 08:00 CST

Traditional and Quantitative Investors to Benefit from New Functionality and Expanded Data Coverage Options

NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- ClariFI, a Standard & Poor's Capital IQ business and leading provider of software and services focused exclusively on providing investment managers with complete solutions to their research and production workflows, today announced the launch of Event Study, the latest addition to ClariFI's suite of market-leading investment management applications.

Event Study features an intuitive graphical interface and robust reporting functions enabling portfolio managers and researchers to quickly and easily determine the impact of discrete events on future returns for optimal investment strategies. In addition, its open architecture and extensive data integration capabilities allow managers to perform state-of-the-art event analysis, using any combination of fundamental, analyst estimate, or market data; raw data sources, such as news feeds; and key development data, which includes insider transactions, executive changes, share repurchases, lawsuits, company announcements, and other qualitative information.

Other key highlights of Event Study include:

• Drill-down Analysis - enhanced view of events' effects in sectors, industries, countries, or any custom grouping for more flexible reporting and rich analytics;
• Dynamic Event Visualization - graphic representations of event timelines on a security-by-security level facilitate rapid detection of abnormal return;
• Event Threshold Discovery - optimal thresholds for event triggers enable users to maximize risk adjusted strategy performance;
• Sparklines - scaled-down graphics portray the impact of events on abnormal return over time, providing users with detailed interpretations of market activity and trends;
• Event Simulation - inherent translation to ModelStation's Strategy Simulator enables users to test event-driven strategies in real-world conditions for reduced risk and better decisions.

Donovan Goodreau, ClariFI's Vice President of Sales and Business Development said, "The release of Event Study further underlines our commitment to developing top-level innovative solutions that meet clients' needs and set us apart from the competition." He continued, "This unique offering provides the bridge between fundamental insight and sophisticated analysis techniques, thus representing significant advances in investment management software and new opportunities to make our technology accessible to a broader audience."

About ClariFI and Capital IQ

ClariFI, a Standard & Poor's Capital IQ business, provides software and services focused exclusively on providing investment managers with complete solutions to their research and production workflows. ClariFI's offerings allow managers to decrease the time it takes to research, test, and put into production their investment strategies, leading to reduced operational risk, decreased time-to-market, and significant organizational efficiencies. ClariFI counts four of the top five investment management firms in the world, hedge funds of all sizes, and proprietary trading desks at the leading sell-side firms as its clients. Additional information about ClariFI can be found at http://www.clarifi.com.

Capital IQ, a division of Standard & Poor's, provides high-impact information and workflow solutions to over 2,400 leading financial institutions, advisory firms, and corporations. Its solutions are based on the Capital IQ Platform, a unique combination of global private and public capital market data and technology that enables end-users to draw deep market insights, generate better ideas, leverage relationships, and simplify workflow. Clients can deploy the Capital IQ Platform either as a standalone solution or seamlessly integrate its components into existing business applications and portals via systems integration and data feeds. For more information, please visit Capital IQ's web site at www.capitaliq.com. Standard & Poor's is a division of the McGraw-Hill Companies (NYSE: MHP).

SOURCE ClariFI

Source: PR Newswire

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