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.
