NEW YORK, May 13, 2013 /PRNewswire/ -- S&P Capital IQ, a leading provider of multi-asset class data, research and analytics, today announced that it has signed a Data Facilitator Agreement with Kuberre Systems. Kuberre Systems gains access to S&P Capital IQ's full suite of data feeds, including financials, global market data, equity research and estimates, fixed income, news and events, and security valuations and pricing. With the deeper access to S&P Capital IQ's rich data feeds granted under this arrangement, Kuberre Systems will be able to integrate S&P Capital IQ's content into customers' platforms and business operations in a faster and more efficient manner.
"This agreement was signed because a client wanted to manage their data needs in one central location," said Rui Carvalho, Managing Director of S&P Capital IQ Enterprise Solutions. "On a broader scale, we see an industry need where an increasing number of clients want to seamlessly integrate and effectively retrieve and manage data from internal and external applications."
Carvalho added that Enterprise Data Management remains challenging and continues to impact costs and efficiencies throughout many companies. He noted the lack of data integrity is an issue on a daily basis and could skew key performance metrics such as accuracy, customer service, compliance, and reputation.
"S&P Capital IQ's agreement with Kuberre Systems underscores our leadership in this specialized sector where efficiencies in quality, time as well as cost are an absolute must," said Kumar Metlapalli, founder and CEO of Kuberre Systems. "Expert mapping, management of financial data of all types, and integrating with clients' internal holdings and transactions is at the core of what we do and who we are as a company. For customers, our relationship with S&P Capital IQ means they'll be able to integrate new, customized and specialized data sets more quickly, and extract maximum value from that data to gain the competitive edge they're seeking."