S&P Indices Named to 2011 CIO 100 List by CIO Magazine
Recognition Received For Developing New Platform to Manage Index Data Across Multiple Sectors
NEW YORK, June 3, 2011 /PRNewswire/ -- S&P Indices, a world leading index provider, is proud to announce that it has been recognized with a "CIO 100 Award" by CIO Magazine for advances in index calculation and data management. The CIO 100 award is presented annually at the CIO 100 Symposium & Awards Ceremony held in August. The CIO 100 Awards celebrate 100 organizations and their employees that are demonstrating innovation with information technology to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth or improving relationships with customers.
The S&P Indices Technology team is being honored with this award for their Global Real-time Index Platform (GRIP) that supports S&P Indices' global real-time index business. This state-of-the-art platform has the ability to integrate real time data from more than 100 providers across multiple asset classes. It calculates and distributes real time index values to stock exchanges and multiple vendors across the globe. GRIP is also seamlessly integrated with end-of-day index platforms to eliminate duplicate data entry and simplify daily operations.
"This award not only showcases our leadership in innovation, but highlights our commitment to understanding and meeting the evolving needs of our clients across the world," says Alex Matturri, Executive Managing Director at S&P Indices. "We are certainly proud of this award and our employees that made it a reality."
Every year, CIO identifies and honors 100 organizations that have distinguished themselves in their use of IT. The 24th annual CIO 100 will honor 100 companies that are using information technology in innovative ways to create business value. Companies completed an online application for consideration. Judges made recommendations and CIO editors selected 100 honorees.
About CIO Magazine
CIO produces award-winning content and community resources for information technology executives and leaders thriving and prospering in this fast-paced era of business, as well as create opportunities for information technology and consumer marketers to reach them. The CIO portfolio includes CIO.com, CIO magazine (launched in 1987), CIO Executive Programs and the CIO Executive Council. CIO properties provide business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. The U.S. edition of the magazine and website are recipients of more than 200 awards to date, including the American Society of Business Publication Editor's Top B-to-B Magazine since 2000 and two Grand Neals from the Jesse H. Neal National Business Journalism Awards. CIO websites and printed publications appear in more than 25 countries, including Australia, Canada, Finland, India and Sweden. CIO Executive Programs—a series of face-to-face conferences including the CIO 100 Awards & Symposium™—provide educational and networking opportunities for pre-qualified corporate and government leaders. The CIO Executive Council is a professional organization of CIOs created to serve as an unbiased and trusted peer advisory group. CIO is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world's leading media, events, and research company. Company information is available at www.idgenterprise.com.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
Standard & Poor's does not sponsor, endorse, sell or promote any S&P index-based investment product. This document does not constitute an offer of services in jurisdictions where Standard & Poor's or its affiliates do not have the necessary licenses. Standard & Poor's receives compensation in connection with licensing its indices to third parties. It is not possible to directly invest in an index.
SOURCE Standard & Poor's
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