J.P. Morgan and IHS Markit to offer clients enhanced data access
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J.P. Morgan and IHS Markit to offer clients enhanced data access 10 December 2020UK Reporter: Maddie Saghir
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J.P. Morgan and IHS Markit are set to offer macroeconomic data in DataQuery, J.P. Morgan’s multi-asset data and analytics application.
The DataQuery application forms part of the firm’s open platform for asset manager clients.
Through this newly-established integration, front and middle office users of DataQuery will have access to IHS Markit’s macroeconomic data, as well as a view of recent market developments.
Meanwhile, IHS Markit’s suite of economic data provides the information required to conduct both detailed economic analyses and broad cross-country comparisons across more than 200 countries.
It was explained that the IHS Markit data will also underpin DataQuery’s Key Indicator Distribution Series, available to all DataQuery users to provide an overview of recent economic developments in 37 markets.
DataQuery is J.P. Morgan’s multi-asset data and analytics application that offers institutional clients access to both proprietary financial market data and datasets from a selection of trusted providers
Richard Crozier, head of product for data and analytics at J.P. Morgan’s Securities Services, commented: "As we continue to integrate external datasets into the DataQuery platform, IHS Markit’s experience in providing reliable information and forecasting expertise was a compelling factor in our desire to collaborate.”
Crozier continued: “The breadth and depth of IHS Markit’s economics and country risk data will enable our clients to derive unique insights throughout the investment journey, and serves as a critical component of our growing data inventory and platform.”
Patrick Thomson, head of economics and strategic planning solutions at IHS Markit, said: “This partnership will deliver easy-access to our suite of economic datasets, enabling customers of the DataQuery platform to conduct in-depth economic analysis.”
“Indeed, these are the datasets upon which we base our own economic and industry forecasts. We look forward to expanding our partnership and continuing to deliver the timely, detailed and reliable data which lies at the heart of our business,” added Thomson.
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