NEW YORK, Aug. 19, 2015 (GLOBE NEWSWIRE) -- The Corporate Solutions business of Nasdaq (Nasdaq:NDAQ) and Visible Alpha announced today an exclusive agreement to provide detailed analyst forecast data and models on the Nasdaq IR Insight platform. Through this partnership, select corporate executives and investor relations officers will gain the capability to compare and contrast the financial and operating assumptions of the sell-side analysts that drive market expectations of their companies.
"We are excited about the opportunities and insights this new collaboration with Visible Alpha will bring to our clients," said Brian Reynolds, Vice President, Corporate Solutions, Nasdaq. "By providing more granular estimate details from the leading brokerage firms, our clients will have unique visibility into how their company is viewed by the analyst community, well beyond the measures available today."
Visible Alpha works with the world's leading investment banks and research providers to deliver individual analyst and consensus forecasts across all aspects of corporate performance, including full P&L, balance sheet and cash flow statements as well as segment financial forecasts, product-level sales and pricing projections, and company and industry-specific operational metrics and assumptions.
"Transparent markets require clear communications," said Scott Rosen, CEO, Visible Alpha. "Through our partnership with Nasdaq, we hope to foster a deeper and more informed dialog between corporate management, sell-side analysts and the investment community as they address forward-looking issues of company performance."
The initial exploratory phase of the collaboration, beginning with a limited beta release, is a major milestone in the ongoing development of the next-generation Nasdaq IR Insight platform.
"We are committed to game-changing innovation through collaborating with partners like Visible Alpha to bring even greater benefit to our clients through our Nasdaq IR Insight platform," said Nicholas Pastoressa, head of corporate solutions products and platforms, Nasdaq. "By leveraging incredible data sources and emerging technologies, we are building dynamic new analytics to help IRO clients generate the unique insights they are looking for."
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. For more information, visit business.nasdaq.com/intel.
About Visible Alpha
Visible Alpha delivers a data and analytics platform with comparable forecast models and comprehensive data from the world's leading equity analysts. Visible Alpha aims to enhance institutional investors' and corporate officers' analytical capabilities to generate detailed and quantifiable insight into the future fundamentals of companies.
For more information, visit visiblealpha.com or connect with Visible Alpha on LinkedIn. Research providers interested in distribution of their models and forecasts can email email@example.com. Institutional investors interested in an early beta test program can email firstname.lastname@example.org.
CONTACT: MEDIA CONTACTS: For Nasdaq: Ryan Wells (email@example.com or +44 (0) 7809 596 390) For Visible Alpha: Andrew Graham (firstname.lastname@example.org or +1 646 385 0189)
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