SHORT HILLS, N.J. – June 16, 2015 –Dun & Bradstreet (NYSE: DNB) and 1010data today announced a strategic partnership that aims to provide a solution to hedge funds and asset managers seeking insights and analytics that go beyond traditional analysis of financial statements and key financial ratios. Through the strategic partnership, Dun & Bradstreet’s content, including key business performance data, will be made available through the 1010data platform, providing an enhanced solution to customers. The solution is available now, and today’s announcement marks Dun & Bradstreet’s first partnership in capital markets analytics.
As access to information and big data continues to grow, buy-side firms and hedge funds are constantly looking for an informational edge that will enhance potential returns and minimize risk. Dun & Bradstreet’s data includes unique insight about business performance and health across multiple industries, providing valuable information to guide trading strategies and model development. 1010data’s Big Data Discovery and data sharing platform makes this valuable information easier to identify in an era of information overload.
“We live in a world where it’s getting harder and harder for capital markets professionals and investors to find alpha and increase their gains; to make sense of information to develop stronger, healthier, and better informed strategies,” said Josh Peirez, chief operating officer, Dun & Bradstreet. “This collaboration is rooted in a shared interest of the importance of insights and analytics and of the value of a real source of truth. We are excited to join forces with 1010data which has proven its ability to deliver actionable insight from extremely large amounts of data more quickly, easily and inexpensively than any other solution.”
“Dun & Bradstreet’s expertise in analytics and history of delivering unique, company insight and research to customers will bring incredible value to our existing customers,” said Sandy Steier, 1010data CEO and co-founder. “This new data is invaluable for asset managers to mine for the development of enhanced trading strategies and models that can increase returns and minimize risk.”
About Dun & Bradstreet
Dun & Bradstreet (NYSE: DNB) grows the most valuable relationships in business. By uncovering truth and meaning from data, we connect customers with the prospects, suppliers, clients and partners that matter most, and have since 1841. Nearly ninety percent of the Fortune 500, and companies of every size around the world, rely on our data, insights and analytics.
For more about Dun & Bradstreet, visit DNB.com. Twitter: @DnBUS