Data Explorers is a privately owned financial data and software company headquartered in London, UK, with offices in New York, US,

Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of t ...

and

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

. The company provides financial benchmarking information to the

Securities lending In finance, securities lending or stock lending refers to the lending of securities by one party to another. The terms of the loan will be governed by a "Securities Lending Agreement", which requires that the borrower provides the lender with c ...

Industry and short-side intelligence to the Investment Management community. The company has a global dataset covering $12 trillion of securities in the lending programs of over 20,000 institutional funds. Data Explorers offers access to quantitative measurement of securities lending, performance, and risk. The company provides analytics and data compiled from trade and inventory data provided by market participants including Lenders, Beneficial Owners, Custodian Banks, Agency Lenders, Borrowers, Hedge Funds and Broker Dealers.

History

Data Explorers was established in 2002 by Charles Stopford Sackville and Mark Faulkner, the author of the Guide to Securities Lending Markets.

Donal Smith Donal Ian Brice Smith (4 February 1934 – 27 September 2023) was a New Zealand middle-distance runner and English literature academic. He represented his country at the 1958 British Empire and Commonwealth Games and 1960 Olympic Games, and ...

, formerly of

Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corpora ...

, was announced as CEO on 4 March 2008. It is owned by the

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm Bowmark Capital. Data Explorers was ranked 27th amongst the top 30 fastest growing UK private equity backed companies in The Sunday Times Deloitte Buyout Track 100 on 8 February 2011. Data Explorers was voted the Best Information/Data Provider at the GSL Securities Lending Industry Awards on 4 November 2011, for the third year in a row. At the twelfth annual techMARK awards on 17 November 2011, Data Explorers won the Emerging Star Award. At the Financial World Innovation Awards on 2 December 2011, Data Explorers won the Information Provision Award for the Data Explorers News service. 2 April 2012:

Markit Markit Ltd. was a British financial information and services company with over 4,000 employees, founded in 2003 as an independent source of credit derivative pricing. The company provides independent data, trade processing of derivatives, fo ...

, a leading, global financial information services company, announced the acquisition of Data Explorers, a leading provider of global securities lending data, from mid-market private equity firm Bowmark Capital.

Services and products

The Data Explorers database tracks $12 trillion of lendable securities, with $2 trillion of loan balances on average covering 30,000 equities, 40,000 corporate bonds and 80,000 government bonds. The company products include APIs, Data Feeds, Excel Toolkits, Mobile Apps, web-based platforms and channel partners including Bloomberg LLC,

, Factset,

and

Capital IQ S&P Global Inc. (prior to April 2016 McGraw Hill Financial, Inc., and prior to 2013 The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financ ...

. Data Explorers data is used as a proxy for short interest data by the mainstream media, including ''

The Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

'', ''

The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Eco ...

'', ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', and ''Bloomberg''

partnered with Data Explorers on 11 March 2009, to provide short-side intelligence to investor relations professionals. On 12 June 2009, Data Explorers partnered with Factset to provide short selling analysis and securities finance data to Factset Research System's analytics platform.

announced a new index on September 16 2009, the Markit Data Explorers U.S. Sector Sentiment Index, that reflects sector-level investor sentiment derived from securities lending and short-selling information. Data Explorers COO, Jonathan Morris, announced a partnership with

Bloomberg L.P. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 1 ...

on 23 September 2010 providing global long and short fund flow content to users of the Bloomberg Professional Service On 6 October 2010, the

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Ni ...

website www.ft.com included short selling activity from Data Explorers alongside market data on the Company pages and Stock screener

Nasdaq OMX Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, an ...

announced a new index based on Data Explorers stock loan information to replicate return and volatility characteristic of the Nasdaq-100 Index on May 5, 2011. The index screens out stocks with low liquidity or those that are relatively expensive to borrow in the share-lending market. On 19 September 2011, Data Explorers and Deltix announced that Data Explorers securities lending and repo data is available in the Deltix QuantOffice platform.

, the data and analytics arm of Standard & Poor's announced new content from Data Explorers added to its market data platform and Xpressfeed data management service on September 26 2011. Data Explorers and

Direct Edge Direct Edge was a Jersey City, New Jersey-based stock exchange operating two separate platforms, EDGA Exchange and EDGX Exchange. Beginning in March 2009, Direct Edge's market share ranged from 9% to 12% of U.S. equities trading volume, and r ...

announced a partnership on 6 October 2011, after integrating daily securities lending information onto the Direct Edge market data distribution platform. On 23 January 2012, Data Explorers announced a partnership with

Narrative Science Narrative Science was a technology company based in Chicago, Illinois that specializes in data storytelling. As of December 17, 2021, Narrative Science was acquired by Salesforce and has since been integrated into Salesforce's Tableau Software ...

to create a securities lending newswire using an artificial intelligence system. Data Explorers launched the first iPhone app for the securities finance industry on 31 January 2012, for Hedge Funds, Prime Brokers and Custodians to access daily information on 3 million transactions. On 5 February 2012, Data Explorers was ranked for the second year in a row in the Sunday Times Deloitte Buyout Track 100.

References

{{reflist

External links

Data Explorers Homepage
Financial services companies of the United Kingdom Financial data vendors 2002 establishments in the United Kingdom British companies established in 2002 Financial services companies established in 2002 Privately held companies of the United Kingdom