S&P Capital IQ has partnered with the Singapore Exchange (SGX) to launch IRFacts, a consolidated data, Analytics and market research platform for investing relations (IR) professionals, according to an SGX statement.
The new platform was jointly developed to cater specifically to companies listed on the SGX. IRFacts allows users to perform a variety of functions, such as monitoring market trends, consensus and detailed estimates, news and key developments.
According to Jose Ordonez, Managing Director, S&P Capital IQ, in a recent statement on the joint platform, "IRFacts is a user-friendly platform built for the Investor Relations officers and management reporting. Our market data and aftermarket research assists IROs in presenting their pitch in a clear, transparent manner to broader regional and global investor audiences, as well as offering tools to simplify benchmarking against their peers."
"We continuously work to set standards that help to improve the quality and Liquidity of shares listed on the Singapore Exchange. IRFacts is an incredible tool which will help companies improve and sustain higher levels of transparency among a global investor audience, which in turn will improve their liquidity in the long term,” added Mita Natarajan, Senior Vice President, Head of Corporate Services, Listings, Singapore Exchange, in an accompanying statement.
S&P Capital IQ, is the business arm of McGraw Hill Financial (MHFI), a US-based financial information and analytics firm. The SGX is the Asia-Pacific (APAC) exchange operator of derivatives and securities trading.
The SGX recently reported its volumes across its derivatives and commodities activities for the month ending May 2015. In terms of securities, the turnover at the SGX for May 2015 came in at $23.0 billion.