NEW YORK, July 26, 2010 (GLOBE NEWSWIRE) -- Revere Data, LLC, an industry leader in financial information services and technology, announced today the addition of seven major Latin American stock exchanges to the Revere International Sector Classification (RISC™), which now covers companies listed on the Mexican, Argentine, Colombian, Chilean, Peruvian, Venezuelan and Panamanian stock exchange markets.
Specifically, with this added coverage, Revere's comprehensive classification systems and supply chain analysis will provide investors with strategic insights and key business relationships for 575 companies listed on the Bolsa Mexicana de Valores, Mercado de Valores de Buenos Aires, Bolsa de Valores de Colombia, Bolsa de Comercio de Santiago, Bolsa de Valores de Lima, Bolsa de Valores de Caracas and Bolsa de Valores de Panama.
This regional expansion follows the recent addition of the BM&F Bovespa exchange, with 345 major Brazilian-listed companies into Revere's coverage universe, and is a part of Revere's overall strategy of increasing its global reach.
"As investors increasingly seek opportunities outside of the U.S., Revere's goal is to provide enhanced visibility into leading emerging capital markets with strong governance and disclosure standards, such as Latin America," said Kevin O'Brien, President & CEO of Revere. "With the relative scarcity of research on these markets available to investors, Revere is committed to filling that gap by providing our comprehensive and unique way of understanding key business interconnections within Latin America and with other regions around the world."
RISC™ organizes publicly traded companies into the most detailed and comprehensive sector and subsector groupings available. RISC™ is a global extension of the Revere Hierarchy™, an unparalleled patented product-based classification system that maps companies by the products and services they sell. RISC™ classifies all companies within the exchanges it covers into 1,200 industries, sectors, and subsectors. Competing systems routinely group publicly traded companies into less than 200 sectors and subsectors.
As part of this comprehensive mapping, Revere provides hundreds of additional uncovered strategic relationships through Revere Relationships™, which offers a 360-degree view of how a company creates and transfers value by revealing its interconnecting relationships of suppliers, customers, competitors and strategic partners. Revere also provides geographic revenue exposure analysis through Revere GeoRev™, which allows users to quickly identify companies that derive a significant portion of their revenue from exports to specific global regions and countries versus those that focus on their domestic markets.
Revere Latin America products are available as a stand-alone datafeed and through Revere's flagship web application, Revere Research™. In addition, Revere's indexes are available for third party licensing and provide an effective way for index providers, exchanges, and fund sponsors to explore and build differentiated sector and thematic index-based products.
About Revere
Revere Data, LLC, is a leading provider of financial information services that gives investors a better understanding of the cornerstone of all great companies: the products and services they sell. Revere goes deep inside companies to search, discover and classify their products and services, their focused lines of business, and their key business relationships. Products such as Revere Hierarchy™ and Revere Relationships™ deliver a more precise and deeper view of the market for thousands of publicly traded companies in the U.S., Canada, China, Western Europe, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Venezuela and Panama. Revere offers a comprehensive suite of data, online research, and index services for the investment community. Revere's customers include some of the world's leading global financial institutions, asset management firms, fund sponsors, corporations, and media outlets.
For more information, please visit www.reveredata.com