NEW YORK, Nov. 8, 2010 (GLOBE NEWSWIRE) -- Revere Data, LLC, a leading provider of financial information services, announced today the introduction of a breakthrough supply chain analysis tool called Revere Relationships Analytics™. This tool maps the U.S. economy by assigning a rank and value to all U.S.-listed companies based on their links to each other as well as their customers, suppliers, and partners. By taking Revere's unparalleled data and using proven network analysis techniques to develop new fundamental factors, investors now have the most comprehensive and accurate view of how companies interrelate. Revere Relationships Analytics™ uncovers precisely how strongly companies are linked and how they create value, thereby giving investors additional valuation metrics in making their investment decisions.
"Revere Relationships Analytics™ is an innovative analytical tool that empowers investors to not only go deep inside of companies to more precisely understand their supply chain, but also to rank the importance and materiality of these linkages in order to better manage their portfolios and trading strategies," said Kevin O'Brien, CEO of Revere Data. "In response to customers' requests, we developed this product by leveraging our well-established Revere Relationships™ data feed into a customizable tool that meets their growing needs to better understand an investment's risk/reward opportunities."
Revere has compiled more than 80,000 material relationships among 11,000 public and private companies within the U.S. economy. Revere created this tool by building upon the statistical techniques that have recently revolutionized Internet search and social networking to create a similar breakthrough in the analysis of U.S. publicly traded companies. Revere Relationships Analytics™ relies on the following new metrics to provide a more complete picture of a company's interactions:
- Degree: to measure customer and supplier power
- Closeness: to measure systematic risk
- Betweenness: to measure intermediary strength
- Customer Importance: to measure economic purchasing power
- Supplier Importance: to measure economic dependence
"We found that during this historic two-year period of volatility, portfolio managers, sales and trading professionals, and risk management executives are in greater need of sophisticated tools to fully understand the connections among their holdings in order to generate returns and to understand their risks," added Mr. O'Brien. "Our clients will benefit from these tools to meet their investment objectives given today's increasingly complex, challenging and interrelated markets."
Initially designed for data-intensive financial users, Revere Relationships Analytics™ will also help investment professionals monitor the effect of supply chain disruptions, determine the downstream impact of changes in a relationship network, and gain greater insights on opportunity or risk caused by events.
Developed in partnership with Ashbury Heights Capital's MIT-trained experts in the fields of system dynamics and behavioral economics, Revere Relationships Analytics™ is available as a datafeed or as an on-demand web service. The service is customizable and offers users a variety of portfolio universes, matrix weighting, date ranges and frequency options.
For more information as well as a demonstration of Revere Relationships Analytics™, please visit www.reveredata.com or contact Rob Martinez at rmartinez@reveredata.com.
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, their key business relationships and their sources of revenue by geography. Products such as Revere Hierarchy™, Revere Relationships™ and RISC™ deliver a more precise and deeper view of the market for thousands of publicly traded companies in the U.S., Canada, Europe, Latin America and China. Revere offers a comprehensive suite of data, analytics and index services for the investment community. For more information, visit www.reveredata.com.
Revere Data is headquartered in San Francisco with offices in New York, Washington, D.C., and Youngstown, Ohio.
CONTACT: Mendel Communications MEDIA CONTACT: Sarah Troutt (212) 397-1030 sarah@mendelcommunications.com Revere Data SALES CONTACT: Rob Martinez (212) 405-3971 rmartinez@reveredata.com