Data Explorers is a privately owned financial data and software company headquartered in
London, UK
London is the capital and largest city of both England and the United Kingdom, with a population of in . Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Tha ...
, with offices in
New York, US,
Edinburgh
Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh ...
and
Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
. 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 co ...
Industry and short-side intelligence to the
Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
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, formerly of
Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...
, was announced as CEO on 4 March 2008.
It is owned by the
private equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
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 was a British financial information and services company that focused on credit derivative pricing. It was founded in 2003 and merged in 2016 with IHS to form IHS Markit.
Prior to its merger it had 4,500 employees in 21 offices worldwi ...
, 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,
Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...
,
Factset,
Markit
Markit was a British financial information and services company that focused on credit derivative pricing. It was founded in 2003 and merged in 2016 with IHS to form IHS Markit.
Prior to its merger it had 4,500 employees in 21 offices worldwi ...
and
Capital IQ.
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 also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'', ''
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'', ''
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'', and ''Bloomberg''
Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...
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.
Markit
Markit was a British financial information and services company that focused on credit derivative pricing. It was founded in 2003 and merged in 2016 with IHS to form IHS Markit.
Prior to its merger it had 4,500 employees in 21 offices worldwi ...
announced a new index on 16 September 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 an American 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 Ze ...
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 also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
website www.ft.com included short selling activity from Data Explorers alongside market data on the Company pages and Stock screener
Nasdaq OMX announced a new index based on Data Explorers stock loan information to replicate return and volatility characteristic of the Nasdaq-100 Index on 5 May 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.
Capital IQ, the data and analytics arm of
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...
announced new content from Data Explorers added to its market data platform and Xpressfeed data management service on 26 September 2011.
Data Explorers and
Direct Edge 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 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