S&P Capital IQ is the research division of S&P Global, one of the world’s foremost authorities in ratings, data, research, and the S&P Dow Jones Indices. It provides in-depth market insights and analysis to an array of investors and market functionaries.
Key Takeaways
- S&P Capital IQ is the analytical powerhouse of S&P Global, known for unparalleled research, ratings, and market indexing.
- Initially purchased by McGraw-Hill Financial in 2004 under the name Capital IQ, the establishment evolved with McGraw-Hill’s rebranding to S&P Global, ultimately becoming S&P Capital IQ.
- S&P Capital IQ mines and analyzes over 135 billion data points from various sources to deliver actionable intelligence for its users.
The Genesis of Capital IQ: From Its Roots to Global Dominance
Founded in 1999, Capital IQ specialized in software and analytics for market assessment. Its remarkable capabilities caught the attention of McGraw-Hill Financial, which acquired it in 2004 for over $200 million. By 2016, under the newly christened S&P Global, Capital IQ emerged as the formidable S&P Capital IQ.
Standard & Poor’s, dating back to 1941, has upheld its position as the leading entity in indices and independent credit ratings. Since its acquisition, S&P Capital IQ grew exponentially, operating in 20+ countries, headquartered in New York City. Notable acquisitions bolstered its growth, such as Heale Financial in 2006 for $13 million and ClariFI, Inc. for $87 million in 2007.
Navigating the Wealth of S&P Capital IQ: How It Works
The S&P Capital IQ web portal equips advisory firms, banks, corporations, investment managers, private equity funds, universities, and more, with the resources they need for comprehensive market awareness and insightful investment strategies.
Annually, S&P Capital IQ delves into over 135 billion data points to position itself as a preeminent provider of financial research. The wealth of data it harvests includes company profiles, executive summaries, financial data, and independent analyst reports.
Expanding Horizons with S&P Capital IQ’s Analytical Depth
S&P Capital IQ furnishes vital intelligence on financial news, market trends, company performance stats, and sector-specific analysis. Subscribers benefit from insights on over 62,000 public companies and 4.4 million private firms. The firm’s reach encompasses financials for 88,000 publicly-traded companies, representing 99% of global market capitalization.
Moreover, S&P Capital IQ does not shy away from intricate investment types like mutual funds and hedge funds. It keeps investors clinically informed with performance metrics, insightful parallels, and fund strategies.
Capital IQ Products and Services: Elevating Market Insight
Capital IQ’s interface extends multifaceted tools to both institutional and individual investors, enhancing market comprehension through features like market snapshots, industry reviews, surveys, and economic insights.
Key offerings of the Capital IQ platform include Compustat, Xpressfeed, and Money Market Directories (MMD). Combined, these tools facilitate desktop research, real-time market data screening, backtesting, portfolio management, financial modeling, and quantitative analysis supported by web and Excel applications.
Feature Highlights:
- Compustat: A historic regulatory service since 1962, Compustat provides extensive financial and statistical data across the markets.
- Xpressfeed: Serves as the mechanism to format and deliver real-time Compustat data, allowing users to sync data via their own tools.
- Money Market Directories (MMD): A robust prospecting tool delivering detailed insights into global funding entities such as foundations and endowments.
By leveraging its suite of advanced tools and comprehensive data analytics, S&P Capital IQ stands as an essential pillar in today’s financial research and investment landscape.