Capital IQ Opens New Office in Milan

NEW YORK, March 22 /PRNewswire/ -- Capital IQ, a Standard & Poor's business and a leading provider of comprehensive fundamental and quantitative research and analysis solutions, announced today that it is expanding its presence in continental Europe with the opening of an office in Milan, Italy.  

The new office, located in the heart of Milan's financial district, will increase Capital IQ's ability to provide local language sales and technical support for companies that need fundamental research, information, and analytical services. Milan becomes Capital IQ's fourth European operation, and is the third continental European office to open in the last two years. It joins Capital IQ's network of 20 offices around the globe, including London, Paris, and Frankfurt.

"We are excited to expand our European operations into Italy's financial capital. This move allows us to bring Capital IQ products and solutions to a growing client base," said Randall Winn, executive managing director of Capital IQ.

"Our latest European office opening reflects the growing need of European-based companies for our quality financial information services.  Further, it signifies our ongoing commitment to all of our clients to provide them with the data and analytical tools they need to perform at the highest level," said Eugene Souther, senior vice president of Capital IQ.  

About Capital IQ and Standard & Poor's

Capital IQ, a Standard & Poor's business, delivers comprehensive fundamental and quantitative research and analysis solutions to over 4,200 investment management firms, investment banks, private equity funds, advisory firms, corporations, and universities worldwide. Its solutions are based on the Capital IQ Platform, Compustat, ClariFI, and SystematIQ products, and offer an array of powerful applications for desktop research, screening, real-time market data, backtesting, portfolio management, financial modeling, and quantitative analysis. For more information, please visit Capital IQ's web site at www.capitaliq.com.

Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.

SOURCE Capital IQ