WRDSWRDS | WRDS

Call for Papers for 2013 OptionMetrics Users Conference (OUC2013)

Wharton Research Data Services — Mon, 22 Apr 2013 15:36:25 +0000

The 2013 OptionMetrics Users Conference (OUC2013) will bring together OptionMetrics users  and researchers from both academia and industry. The goal of the conference is to share ideas  and increase overall understanding of the options markets. Anyone who currently uses, or has  an interest in using, the OptionMetrics IvyDB data is invited to submit papers to present at the conference.

» Date: October 14, 2013
» Location: New York, NY

Topics
We welcome original research papers and case studies that incorporate the IvyDB US, IvyDB Europe, or IvyDB Global Indices products. The major areas of interest include, but are not limited to, the following topics:
» Epirical option pricing
» Relationship of option prices to equity prices
» Option investment strategy
» Characteristics and dynamics of volatility
» Econometric methods specific to option markets
» Option market microstructure

Accepted papers will be presented by their authors at sessions during the conference.

Submission
Interested participants may submit an abstract of approximately 100-300 words via email  to ouc2013@optionmetrics.com. The deadline for submitting abstracts is July 15, 2013.  Please include your name and affiliation, email address, and the working title of your paper.  Authors of selected papers will be asked to submit a full version of their paper by September 16, 2013.
All accepted papers will be published online.

Important Dates
» July 15, 2013: Deadline for submission of abstracts
» August 15, 2013: Notification of acceptances
» September 16, 2013: Deadline for submission of all final papers

All comments and suggestions are welcome. Please send your ideas to ouc2013@optionmetrics.com.
We look forward to seeing you there!

Free Trial of Markit Credit Default Swaps (CDS)

Wharton Research Data Services — Thu, 04 Apr 2013 16:57:01 +0000

WRDS is pleased to announce that Markit Credit Default Swaps (CDS) data is now available on WRDS.

Register for a free trial

WRDS offers the broadest collection of data and most robust computing infrastructure available; and its partnership with Markit is part of WRDS’ ongoing expansion to further meet the information needs of over 300 client organizations worldwide.

CDS Data for Academic Research

CDS are used by institutions to hedge exposure to credit risk. Since the early days of credit derivatives, Markit has been the leading provider of CDS data for price discovery, risk and valuations, offering streaming, snapped, or end of day price updates. Markit collects and analyzes over one million data points daily to produce one independent, reliable data point for each credit. By sourcing data from across the marketplace, including live indicative quotes, and by applying sophisticated data cleaning algorithms, Markit CDS data service is unique for its consistency and wide coverage.

MARKIT CDS FACTS:
2,800 Entity Tiers
10,500 Composite Curves
1.9 million+Daily Quotes
History from 2001

Users of these datasets include:
Academic researchers	Investment managers
Hedge Funds	Investment bankers
Private Equity Firms	Traders
Research Analysts	Consultants and Advisors
Government Agencies	Corporate Investor Relations Professionals

Benefits of Markit CDS RED
RED confirms reference entity, reference obligation, corporate event and credit index data. RED provides verified index and constituent information for the credit indices including updated weighing and index factors upon a credit event. RED includes verified corporate actions, CDS succession events and credit events, legally verified reference entity and obligation data and confirmed index data.

About MARKIT:
Markit is a leading, global financial information services company with over 2,900 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace.

For more information on Markit, please visit:
http://www.markit.com/en/

For more information on Markit please contact:
Stephen King, Assistant Vice President, Sales
Email: stephen.king@markit.com
Phone: 917-441-6424

About WRDS:
WRDS is the leading data research platform and business intelligence tool for over 30,000 corporate, academic, government and nonprofit users in 30 countries. We provide single-point access to over 200 terabytes of data across multiple disciplines, including Finance, Marketing, and Economics. WRDS offers flexible data delivery options, from Web interface and PC SAS Connect to the powerful WRDS Cloud. No other data management system offers so many options. Our state-of-the-art infrastructure gives users the power to analyze complex information at speeds of up to 400MB per second.

From client-centered research support to analytics and consulting services, WRDS is the global gold standard in data management and research, all backed by the credibility and leadership of The Wharton School.

For more information on WRDS, please visit:
Whartonwrds.com

For subscription information, please contact WRDS:
Stephanie Schneider, Senior Account Executive
Email: stesch@wharton.upenn.edu
Phone: 877-438-9737

Look for WRDS this spring at the following conferences:

Wharton Research Data Services — Thu, 21 Feb 2013 18:20:20 +0000

WRDS is partnering with S&P Capital IQ to sponsor the MARC Conference
Villanova University, Villanova Conference Center
March 22, 2013
For more information visit:
http://www1.villanova.edu/villanova/events/marc.html

WRDS will be exhibiting at the AACSB International (ICAM 2013) conference and introducing Markit CDS data.
WRDS will be partnering with S&P Capital IQ to present, Key trends and future scenarios that will keep your research school among the most productive research institutions.
Chicago, IL
April 7-9, 2013
For more information visit:
http://www.aacsb.edu/ICAM2013/index.html

WRDS will be a sponsor at the WFA Conference and present the WFA 2013 Best Paper Award
Hyatt Regency Lake Tahoe Resort, Incline Village, NV
June 17-20, 2013
For more information visit:
http://wpweb2.tepper.cmu.edu/wfa/details.asp

If you would like to schedule a meeting to speak with a WRDS representative at any of the above conferences, please contact Stephanie Schneider at stesch@wharton.upenn.edu.

A WAY WITH WRDS

Wharton Research Data Services — Wed, 06 Feb 2013 19:32:04 +0000

Article Source: Wharton Magazine

Wharton Research Data Services celebrates 20 years of innovation and eyes the future with expansion in mind.

By Amanda D’Amico

Two years before Google founders Larry Page and Sergey Brin met, and four years before Lexis Nexis made its online debut, the Wharton School launched its own Web-based research and data application.

At a time when AOL was mailing its software to users on CDs, Wharton Research Data Services, or WRDS, was revolutionizing the way data was analyzed, accessed and distributed.

Demand for WRDS grew beyond Wharton—beginning with Stanford University in 1997. WRDS became an essential tool for any research institution working in finance, business or management, as well as a way for research institutions to recruit the brightest minds in the field, according to Paul Ratnaraj, the creator of WRDS and current director of sales and marketing. It enables researchers to model and analyze data more easily and in vastly faster time.

WRDS continues to build its repertoire of programs and services to support academia and, increasingly, the private sector. The organization plays a critical role in the School’s efforts to bridge the gap between academia and industry and to disseminate knowledge to the global business community.

“Now, as financial research and analysis gets more complicated, WRDS must continually improve its functionality to anticipate and meet the needs of financial researchers,” says Robert Zarazowski, senior director of WRDS.

“Our clients are some of the most prestigious institutions in global finance, and they demand both speed and accurate, reliable data,” he explains.

More Than a Data Platform

Infographic credit: Robert Coble

Wharton Research Data Services offers 200 terabytes of data to 30,000 users in 30 countries—including academic, government and corporate clients. It is one of the world’s leading Internetbased data research service, providing users with access to data from independent sources, such as Capital IQ, NYSE Euronext, Center for Research in Security Prices (CRSP) and Thomson Reuters.Mark Keintz, G’77, a senior data analyst at WRDS, provides one example of the information WRDS offers: every trade and every quote from the New York Stock Exchange since 1993. And there is more data pouring in each day.According to Keintz, WRDS receives nearly half of a terabyte of data—500,000 megabytes—every month.This quantity of data requires the technical capacity to parse and sort relevant information. To improve user access and results, WRDS researchers validate data sets—comprised of historical records, macroeconomic time series, global marketing and industry reports—and provides essential tools including cross data set file linking, common queries and Ph.D.-level support.Robin Greenwood, Ph.D., a professor at Harvard Business School, agrees that WRDS provides data in a unique structure, still unmet by other data services.“It was really the only place in which one could get good stock return and financial data on U.S. companies … in a database form that was accessible to academic users,” says the decadelong WRDS user. “I don’t think anyone comes close in terms of the joint capability to access all these different types of data compared with WRDS.”The financial industry is also taking note.Doug Borden of Knight Capital Americas LLC says his organization reached out to WRDS for an analysis of equity trade data going back to 1993, which it now uses in its client presentations.

“Due to the complexity of the data and the … sheer quantity of computation required to process the data, [Knight Capital Americas] asked around in the industry to see if someone could help them process the [NYSE trade and quote] data … and either people were not capable of handling the size of the project or it would take them too long. … We were able to deliver the project in 10 days,” recalls Freda Song Drechsler, G’07, a WRDS researcher.

This is just the beginning. WRDS continues to create innovative products aimed at existing and first-time academic and corporate clients, such as investment banks, hedge funds, economic consultants and litigation support firms, according to Rabih Moussawi, Ph.D., a WRDS researcher.

As part of its service, WRDS provides more than the final answer to users. It places heavy emphasis on transparency, listing the algorithms and codes used to analyze data. WRDS’ open-source culture is unique, according to Moussawi.

“We provide the data as is, without any manipulation. We deliver add-on material that tells users if there are any biases or concerns relating to the data … and we provide routines and documentation that replicate peer-reviewed academic papers,” Moussawi says.

This add-on material allows users to run their own analyses and confirm findings, having very real and practical implications. And as the number of terabytes that WRDS hosts continues to climb, the organization has put an increasing emphasis on ensuring the users have the ability to perform their own research.

“We have become research enablers,” Keintz notes. “We have to be more than a data pipe.”

Leveraging the Penn Community

To do this, WRDS has leveraged resources that only the University of Pennsylvania can provide. After acquiring all SEC filings—totaling more than 12 million—WRDS partnered with the Department of Linguistics in Penn’s School of Arts and Sciences to apply linguistic and natural language processing insights to the parsing of the SEC filings.

This linguistic processing helps WRDS connect the SEC filings with data in multiple other databases, creating a more complete analysis. The project is so innovative that the SEC has become a WRDS client so it can access its own data in an easier-to- use format.

“Part of big data for us is not just understanding unstructured data, but it’s relating data from a wide variety of sources,” Keintz explains.

WRDS brings an element of Wharton’s academic rigor to the process.

“We like to analyze everything from a deep historical process. We try to discern the trends, going back 50 years ago,” explains Denys Glushkov, Ph.D., another researcher at WRDS.

This laborious approach stems from WRDS’s home at the Wharton School, as well as staff being researchers and academics. Holding advanced degrees, WRDS researchers teach and publish in finance and business and often have experience in the corporate world.

“It’s really impressive what they’ve done. You know, nobody had to do this, but it’s been a tremendous [asset]. They filled a huge gap,” praised Harvard’s Greenwood.

Zacks data on WRDS: Introductory Pricing Deadline Extended through January 31, 2013

Robin Nussbaum Gold — Tue, 08 Jan 2013 16:39:20 +0000

Zacks data can be used to empirically analyze analysts’ forecasts and their revisions, price targets and recommendations (e.g., construct popular measures such as consensus forecast, earnings surprises, analyst track records.

SPECIAL INTRODUCTORY PRICING through January 31, 2013: $12,000
Pricing effective on February 1, 2013: $13,500

Coverage:
U.S. and Canada

Data included in the full dataset:
   • Consensus and Details EPS (earning per share) and Long-Term Growth (LTG Estimates): from 1979
   • Actuals: from 1983
   •  Quarterly EPS and LTG Estimates: from 1981
   • EPS Surprises: from 1994
   •  Consensus and Details Recommendations: from 1982
   •  Sales Surprises: from 2001
   • Sales Consensus: from 2000 Target
   • Target Price Consensus
   • EPS Pre-Announcements: from 1990

For pricing and subscription information, please contact:
Ausra DiRaimondo
adiraimondo@zacks.com
(312) 265-9214

WRDS exhibiting at the 2013 ASSA Conference

Wharton Research Data Services — Thu, 20 Dec 2012 15:21:59 +0000

The Allied Social Sciences Association (ASSA) conference will take place from January 4-6, 2013 at the Manchester Grand Hyatt in San Diego, CA.

Please visit us at Booth #729 to learn more about our new data offerings and features.

WRDS announces the addition of Zacks Data

Robin Nussbaum Gold — Wed, 05 Dec 2012 09:46:41 +0000

WRDS has added Zacks data to its already robust data offerings.

Zacks is pleased to provide all WRDS researchers with a free, one month trial subset of their data.

Trial Access Period: December 6, 2012 through January 6, 2013
Trial Coverage: Limited date range for 100 of the largest global companies.

Coverage:
U.S. and Canada

Data included in the full dataset:
• Consensus and Details EPS (earning per share) and Long-Term Growth (LTG Estimates): from 1979
• Actuals: from 1983
•  Quarterly EPS and LTG Estimates: from 1981
• EPS Surprises: from 1994
•  Consensus and Details Recommendations: from 1982
•  Sales Surprise: from 2001
• Sales Consensus: from 2000 Target
• Target Price Consensus
• EPS Pre-Announcements: from 1990

Subscription Fee

Frequency

Distributed Annually

Special Introductory
Pricing Available

Through January 13, 2013

Daily

Weekly

Monthly

$12,000

$10,000

$8,000

Complete Database:

Includes all listed above

Daily

Weekly

Monthly

$13,500

$11,500

$9,500

For additional data information, please review the Zacks Frequently Asked Questions

Users of these datasets include:
Academic researchers	Investment managers
Hedge Funds	Investment bankers
Private Equity Firms	Traders
Research Analysts	Consultants and Advisors
Government Agencies	Corporate Investor Relations Professionals

For subscription information, please contact:

Ausra DiRaimondo
(312) 265-9214
adiraimondo@zacks.com

University of Virginia Darden School of Business are new subscribers to FACTSET data via WRDS

Robin Nussbaum Gold — Mon, 03 Dec 2012 16:10:12 +0000

WRDS is pleased to announce that the University of Virginia Darden School of Business are new subscribers to the most recent data offering — FACTSET Fundamentals and Ownership data.

For your insitution to receive a Trial or Subscription, please contact wrds@wharton.upenn.edu.

FACTSET OWNERSHIP: Considered the market standard, FactSet Ownership provides global institutional, mutual fund, stakeholder, and float-related share ownership information.

The FactSet Ownership database extends the Lionshares Ownership database which was acquired by FactSet in 2000. Today, FactSet Ownership encompasses the equity positions held by over 30,000 institutions, 40,000 mutual funds, and more than 400,000 insiders and stakeholders from over 120 countries with daily updates and history dating back to 1999. FactSet provides the flexibility to investigate share ownership from both the company and holder perspective. From ultimate parent ownership to holder peer analysis, FactSet Ownership allows you to analyze ownership data or examine historical share movements.

Within the full dataset:
History: 1999 – present

FACTSET FUNDAMENTALS is a comprehensive global database, providing users with a firm foundation for financial analysis.

Within the Full Dataset:
Number of Companies: More than 67,000 public and private companies; over 42,500 actively covered.

Regions:
Americas: 14,036 companies
Europe/Africa: 8,728 companies
Asia-Pacific: 19,779 companies

WRDS exhibiting at the Australasian Banking and Finance Conference

Robin Nussbaum Gold — Thu, 29 Nov 2012 18:35:52 +0000

WRDS is pleased to be an exhibitor at the Australasian Finance and Banking Conference.
Sydney, Australia.
December 16-18, 2012

If attending, please visit our booth to learn more about the new data and features on WRDS.

For more information, please visit the conference site:
http://www.asb.unsw.edu.au/schools/bankingandfinance/newsandevents/afbc/Pages/25thaustralasianfinancebankingconference.aspx

WRDS invites you to join the XBRL Challenge for a chance to win $20,000

Robin Nussbaum Gold — Thu, 08 Nov 2012 16:00:53 +0000

Join the 2nd annual XBRL Challenge, application building contest for developers that is sponsored by WRDS.

Build an open source analytical app that consumes XBRL formatted financial statement data.

Why enter?
• Chance to win the $20,000 Grand Prize
• Get a technical education on XBRL, the biggest change to financial statement reporting in decades
• Get visibility for your app and your organization

All contestants will gain access to an XBRL database, experts and documentation, and get visibility through media outreach, web posting and the chance to present at live events in front of investors, VCs, software companies and developers.

Learn more at http://xbrl.us/challenge or go straight to our Facebook page at http://xbrl.us/challengeFB

Plus, learn about the challenges and benefits of working with XBRL data at these FREE webinars:

The VC Market and Opportunities for XBRL Applications, November 27, 2012 at 3pm ET – join Philip Moyer, Managing Director, Safeguard Scientifics, where he is responsible for sourcing opportunities in financial technology and Enterprise 3.0. Philip was previously President and CEO of EDGAR Online.

Beyond SEC Reporting – More Opportunities for XBRL, December 11, 2012 at 3pm ET – join Kaitlin Lee, Web Developer, Sunlight Foundation, on significant opportunities in government reporting for structured data.

To register for one or both webinars, go to http://xbrl.us/challenge and use the links on the right side of the page.