S&P Capital IQ® Partners with Klooks to Expand Financial Data On Private Companies in Brazil
The addition of 10,000+ unlisted Brazilian companies to the S&P Capital IQ platform enhances available solutions for active participants in the Brazilian markets
New York and Porto Alegre, April 8, 2015 – S&P Capital IQ, a global provider of financial research, data and analytics, today announced a partnership with Klooks, a recognized source of Brazilian corporate financial information, to offer financial data on more than 10,000 unlisted private companies in Brazil. For investors, lenders, corporations and advisors active in Brazil, the partnership creates a unique and robust corporate intelligence platform to deliver information about the Brazilian economy that is not easily accessible.
Klooks supplies S&P Capital IQ with recent and historical financial statements on unlisted Brazilian companies, information that was previously only available in Brazilian national newspapers. S&P Capital IQ applies its data processes to this content to generate standardized financials and key metrics, in addition to the source documents, for use by S&P Capital IQ platform clients.
“The introduction of Brazil Private Company Financials as part of our global platform underscores our commitment to providing Latin American data and analytics that can create value for participants in the region’s economies,” said Cynthia Rojas Sejas, Vice President, Market Development-Latin America, S&P Capital IQ. “Through our partnership with Klooks, we are helping investors and risk managers inside and outside Brazil better identify and evaluate both risks and opportunities.”
“S&P Capital IQ takes the company information we provide to a new level of usefulness for financial professionals,” said Fernando Pritsch Goettems, Co-Founder, Klooks. “Together, we offer the most robust research solution for investors, lenders and corporates active in Brazil.”
The S&P Capital IQ platform includes global coverage on over 3.5 million public and private companies, making it easier to obtain and analyze information about private and public companies in Brazil and globally. In-depth analysis with easy company screening, sector and peer analysis, tailored comparisons, and up-to-date financial information is now available for thousands of Brazilian companies in a wide variety of economic sectors. The robust ‘click-through’ functionality on the S&P Capital IQ platform allows for full transparency into the calculation of financial metrics and enables tracing of values to source documents.
About S&P Capital IQ
S&P Capital IQ, a part of McGraw Hill Financial (NYSE:MHFI), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, such as investment and commercial banks, investment advisors and wealth managers, and corporations and universities around the world. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor platforms; enterprise solutions such as Standard & Poor’s Securities Evaluations and Compustat®; and research offerings, including Leveraged Commentary and Data, Global Market Intelligence, and company and fund research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need. For more information, visit www.spcapitaliq.com.
Klooks is one of the richest corporate databases in Brazil. It comprises fully updated in-depth financial information about over 10,000 unlisted Brazilian companies, in addition to corporate information of approximately one million companies. Klooks has state of the art data mining/processing technologies, and sources 100% of its data from sources which are both official and public. The company provides customized corporate data solutions to a wide variety of clients, including major financial information providers, and companies in the finance, consulting, legal and academic industries across Europe, and South and North America. Headquartered in Porto Alegre, Brazil, the company was founded in 2011. For more information, visit www.klooks.com.br.
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