Revere Data™ Adds Euronext and Deutsche Börse to Expanding Coverage Universe ::
February 10, 2009
New York, February 10, 2009 – Revere Data, LLC, a fast-growing industry leader in financial services information and technology, announced today the addition of Euronext and the Deutsche Börse exchanges to the Revere International Sector Classification (RISC). RISC organizes publicly-traded companies into the most detailed and comprehensive sector and subsector groupings available. RISC is a global extension of the Revere Hierarchy™, an unparalleled patented product-based classification system that maps companies by the products and services they sell.
“Mapping Euronext and Deutsche Börse to RISC is the next logical step in Revere’s drive to provide investment professionals and others with unprecedented visibility into world’s capital markets,” Revere Data CEO Kevin O’Brien commented. “The London Stock Exchange was one of the first exchanges offered through RISC. Now with the addition of all companies trading on Euronext and the Deutsche Bourse, we’ve reached a critical mass that allows our clients to search for hard-to-find investment opportunities and to mitigate risk in one of the largest markets in the world.”
RISC classifies all companies traded on the three major US exchanges, as well as the Toronto, London, Frankfurt, Paris, Amsterdam, Brussels, Lisbon, Hong Kong, Shanghai, and Shenzhen stock markets into approximately 1,200 industries, sectors, and subsectors. Competing systems routinely group publicly traded companies into less than 200 sectors and subsectors. Revere’s classification system is based on a time-tested research methodology that identifies the specific subsectors from which a company derives revenues. For example, traditional systems treat all semiconductor companies the same, while RISC separates and classifies semiconductor companies in up to 20 highly-specific subgroups, and highlights those companies deriving a majority of their sales from a particular subgroup.
As part of this new release integrated geographic revenue exposure data for all Euronext and Deutsche Börse companies is available through Revere GeoRev™. Revere GeoRev allows users to quickly identify companies that derive a significant portion of their revenue from exports to specific global regions versus those that focus on their domestic markets. London Stock Exchange companies will be added to Revere GeoRev soon.
Euronext and Deutsche Börse classifications are available as a stand-alone datafeeds or combined with other RISC datafeeds. They are also available through Revere’s web-based software applications. Revere’s customers include some of the world’s leading global financial institutions, asset management firms, fund sponsors, corporations, and media outlets.
About Revere
Revere Data, LLC, is a leading provider of financial information services that gives investors a better understanding of the cornerstone of all great companies: the products and services they sell. Revere goes deep inside companies to search, discover and classify their products and services, their focused lines of business, and their key business relationships. Products such as Revere Hierarchy™ and Revere Relationships™ deliver a more precise and deeper view of the market for thousands of publicly traded companies in the US, Canada, China, and the UK. Revere offers a comprehensive suite of data, online research, and index services for the investment community. For more information, please visit www.reveredata.com.
CONTACTS:
Brian D. Hill, CFA
Revere Data, LLC
Director, Research
150 California Street, Suite 200
San Francisco, CA 94111
(866) 738-3739 x105
bhill@reveredata.com
