Latest news with #FinancialInformation
Finextra
5 days ago
- Business
- Finextra
SIX expands use of Pico Corvil Analytics
Pico, a leading global provider of technology services, software, data and analytics for financial markets, today announced that SIX, the global financial data and market infrastructure provider, is expanding its adoption and integration of Corvil Analytics to monitor its financial information business in addition to processes in its exchange business. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Pico's Corvil Analytics provides improved data transparency and helps optimize low-latency data delivery by monitoring the speed and integrity of high-volume inbound data flows from multiple exchange providers. Henk D'Hoore, Head Product Development, Financial Information, SIX said: 'As part of our market data growth strategy, we are determined to leverage best-in-class technology partnerships such as our collaboration with Pico. It enables us to enhance operational efficiencies and provide cutting-edge, real-time monitoring and data anomaly detection capabilities which, in turn, improve our real-time services and response times to clients.' Corvil Analytics is able to monitor extremely high volumes of incoming low-latency price data from numerous market participants in real time, without data loss or performance degradation. Corvil's gap detection, latency and microburst analytics enable clients to detect if any incoming data is incomplete, delayed, or at risk of exceeding capacity, in addition to providing alerts and data to speed resolution. "Pico and Corvil Analytics are trusted by the world's most sophisticated market participants," said Stacie Swanstrom, Chief Product Officer at Pico. "We're proud to expand our work with SIX, which underscores our position as a trusted partner and critical technology provider across global financial markets."
Reuters
31-07-2025
- Business
- Reuters
S&P Global forecasts annual profit above estimates on strong demand
July 31 (Reuters) - Financial information company S&P Global (SPGI.N), opens new tab raised its annual profit forecast on Thursday and beat Wall Street estimates for second-quarter earnings on strong demand for its data and analytics products. More investors are using market analytics tools to make the best of a volatile market, which is pressured by tariff and rate cut uncertainties. S&P Global now expects its 2025 adjusted earnings per share to be between $17.00 and $17.25, compared with its prior estimate of $16.75 to $17.25. The company reported an adjusted profit of $1.36 billion, or $4.43 per share, in the second quarter ended June. 30, up from $1.28 billion, or $4.04 per share, a year earlier. Analysts had estimated an adjusted profit of $4.22 per share, according to data compiled by LSEG. The market intelligence unit, S&P Global's biggest segment in terms of revenue which provides data and analytics, posted a 5% rise in revenue to $1.22 billion from a year earlier. S&P Global's total revenue increased 6% to $3.76 billion. The New York-based company provides credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. S&P also announced Bill Eager as CEO designate for S&P Global Mobility. Until Wednesday's close, shares of the company were up about 7% YTD, compared with a marginal 0.42% gain in Moody's (MCO.N), opens new tab. Peer Moody's also reported a rise in second-quarter profit last week on strong product demand.
