New York – Two StockVal veterans have teamed up with Mergent to form a joint venture which will offer equity analytics targeted to portfolio managers and buy-side analysts. The venture was pre-announced today and a launch is planned in December.
StockVal is a well-established graphics analysis and modeling tool which is now part of Thomson Reuters. StockVal was originally purchased by ADP in 1997, was sold to Bridge in 1998, which in turn was absorbed by Reuters in 2001, which was taken over by Thomson in 2008. Although StockVal has retained its brand through all the changes, it is largely neglected among the huge array of product offerings within Thomson Reuters.
Jeff McMains, who was previously heading StockVal, and Chris Rowberry, who headed up the client facing activities, left Thomson Reuters and have formed a JV with Mergent to launch Intrinsic Research Systems. Like StockVal’s products, the new equity analytics will offer robust graphic analysis and modeling. Mergent, which includes Ford Equity Research, will supply the data to power the applications.
The press release is reproduced below:
Mergent Announces Launch of New Equity Analytics Platform
Intrinsic Research Systems Inc. – The Next Generation in Equity Analytics
NEW YORK, Sept. 28 /PRNewswire/ — Mergent Inc., in partnership with financial industry veterans Jeff McMains, CFA and Chris Rowberry, CFA have formed Intrinsic Research Systems, Inc. to provide next generation equity analytics applications and databases to the institutional investment management community. The Intrinsic Research platform will make its debut at the CFA Institute’s Equity Research and Valuation Conference on December 3, 2009 in New York.
Intrinsic is a desktop research application that is designed to help investment management professionals improve their equity research, portfolio management, economic analysis, and investment strategy decision-making processes. Buy-side portfolio management and equity analysis workflow requirements are the building blocks for the design of the powerful yet easy-to-use Intrinsic Research platform which includes an add-in for Microsoft Excel®. The platform has been built from the ground up, utilizing the latest smart client technology to enhance the end-user experience and simplify IT deployment.
Robust graphical valuation analysis capabilities form the cornerstone of the Intrinsic application suite. Intrinsic’s integrated central database of clean and deep company, industry, sector, economic and quantitative data has been specially constructed to highlight both short-term and long-term valuation and growth trends. In addition to fundamental analytics, Intrinsic offers integrated access to various equity analysis modules for quantitative, economic, and technical analysis as well as screening, scoring and report-writing capabilities.
“We are excited to bring to market a dynamic application that covers all aspects of the equity selection process,” says Jeff McMains, CFA. “Our clients will embrace a platform that is continually evolving with new features and data, particularly as compared to many of the technically outdated research systems available today.”
Jonathan Worrall, CEO of Intrinsic and Mergent adds, “The combined forces of Intrinsic and Mergent provides a bright new choice for portfolio managers and analysts that demand cutting edge equity analytics and highly detailed data. Together, we leverage over a century of data experience and the expertise to transform that data into precise, actionable information that empowers the buy-side community.”
To learn more about Intrinsic Research, visit www.intrinsic-research.com.
Founded in 1900 as the original publisher of Moody’s® securities manuals, Mergent operates one of the longest continuously collected databases of: descriptive and fundamental information on domestic and international companies; pricing and terms and conditions data on fixed income and equity securities; and corporate actions data. Mergent delivers this data to its clients via customized data feeds, desktop applications and printed publications. Learn more at www.mergent.com.