SIF Program Acquires U.S. Database from Morningstar Research
The Student Investment Fund program has gained access to an investment database that is one of the most comprehensive in North America. CPMS, acquired in 2009 by Morningstar Research Inc., has donated its database of more than 4,000 companies in North America to the program to enhance the investment research capabilities of the students who invest real money in the capital markets.
CPMS provides a broad range of portfolio analysis and equity return enhancement products to the investment community. Their client list covers a very broad range of institutional money managers, pension plans, institutional brokerage departments, financial planners and investment advisors.
The students have been using the Canadian version of the CPMS Equity Market Service platform for approximately ten years as a critical screen of companies during their research process. Both the Canadian and U.S. versions use fundamental, estimate and technical data, as well as economic and commodity data maintained in a user-friendly platform. The platform is designed to add value to all aspects of investment analysis and decision-making processes as well as aid in client and prospect communications.
Glenn Cleland, founding program director of the SIF says, “it allows us to expand our investment universe into the United States. The students can now compare Canadian and U.S. companies because the database creates comparability between the markets. We are very grateful to CPMS for their generosity.”
CPMS has dedicated and experienced teams in four critical areas – product management, research, programming and client service. When coupled with the best data and their software platform, all of these resources give CPMS a competitive advantage over other equity research products and data vendors.
