NEW YORK - Telekurs North America is offering new computer data services, including a database of historical corporate actions and a directory of international security identification numbers and related data.
Telekurs, New York, a data provider, also has made available a computer software interface that makes its ticker service accessible through Reuters Triarch 2000, a Reuters computer software platform.
Microsoft Windows-based Telekurs Historical Corporate Actions service gives fund managers, global custodians, security operations personnel and researchers desktop access to Telekurs' database of corporate actions on 300,000 securities dating to 1991. HCA also provides worldwide coverage of more than 400 exchanges and contributors from more than 60 countries.
By using another Telekurs product, investors can identify international securities through Telekurs Database Server/International Securities Identification directory.
International securities often are identified under differing number systems in different countries. Back-office personnel frequently have trouble identifying securities or misidentify them when trying to process global trades.
Telekurs' electronic securities identification directory offers users a cross-referencing system. With the directory, investors can identify the security number in each country and the security's International Standards Organization Number.
The Telekurs Database Server and securities directory create a software environment where realtime prices are available using the same hardware and software used traditionally for back-office applications such as portfolio valuation.
The server and identification directory link realtime prices to security identification numbers in all of the major numbering systems worldwide in addition to exchange symbols.
Another Telekurs product, Telekurs Source Server Interface, makes Telekurs Ticker Service available on Reuters Triarch 2000, a digital trading information system built around Ethernet, a local area network.
The Source Server Interface offers Triarch users the flexibility to choose the best data for a particular application, the ability to use Telekurs Ticker as a primary or backup data source, and guarantees delivery of critical information on time.
In the past year, Telekurs has added 32 international exchanges to Ticker, including seven from Latin America and 13 from the Far East. More information can be obtained by contacting Donna Lamb at (212) 487-2700.
LOS ANGELES - A major issue with the National Association of Insurance Commissioners, the ability to measure Flow Uncertainty Index scores, called FLUX, will be included within the latest version of Capital Management Sciences BondEdge portfolio analytics system.
FLUX scores will be used by the NAIC to evaluate the risk exposure in insurance company collateralized mortgage obligation holdings. FLUX scores will be an indication of how volatile cash flows will be in CMO portfolios, according to CMS, Los Angeles.
The FLUX scores will be required for year-end filings with the NAIC. FLUX also can be used throughout the year for ongoing internal management. A BondEdge distributions report shows tranche by tranche the percentage of CMO holdings and the FLUX category in which the tranches fall. For more information, contact Lorraine DiBacco at (310) 479-9715.
BERKELEY, Calif. - Covering 2,500 Japanese stocks, a Japanese version of the stock valuation tool Alphabuilder System has been added by BARRA Inc.
Alphabuilder generates and analyzes expected stock returns for equity money managers. The system is integrated into Microsoft Windows and it combines advanced return forecasting and analytic tools with valuation models and data.
The Japanese version joins existing U.S. and U.K. versions of Alphabuilder.
Alphabuilder includes more than 60 valuation models and attributes for an extensive universe of stocks. Valuation models include earnings estimate revision, residual reversal and discounted cash flow models.
Alphabuilder also has a macroeconomic model that turns economic forecasts into expected asset returns. It enables users to see how different segments of the market respond to changes in the economy. Contact Feta Zabeli at (510) 548-5442 for information.
CHICAGO - Morningstar Inc. is about to offer Documents OnDisc, a CD-ROM-based program that pulls up high-resolution photo images of prospectuses, semi-annual and annual reports for 5,500 mutual funds, including 1,000 money market funds.
Expected to be released in August or September, Chicago-based Morningstar is first targeting sales of the product to research departments of brokerage houses.
Users of Documents OnDisc can search for the reports they want using the fund name, ticker symbol, fund family, fund advisers, Morningstar Style Box, investment objective, fee structure, document type and document date, said Paul Fox, manager of internal technologies at Morningstar.
Copies of Documents onDisc will be updated monthly. Mr. Fox said it will allow brokerage houses who are spending significant time collecting and researching the documents to reallocate most of that time.
In addition to being searched and pulled up on a computer screen, users can print out the reports. Contact Paul Fox at (312) 696-6170 for more information.