Nasdaq has beefed up its analytics suite with the addition of an Investor Relations (IR) platform, tapped IR Insight, which acts as a versatile module that caters to IR officers and financial executives, per a recent Nasdaq statement.
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Nasdaq’s IR Analytics boasts a variety of strategic intelligence and support decision-making capabilities for multiple players in the financial services industry. In particular, the new platform will aim to help support an ongoing rollout of Nasdaq’s technology, as well as concessions to its development in the big data space.
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The new platform will rely in part on machine learning to help fortify its advisory services, which will help provide IR officers with tools such as data visualization and application management, among other functions.
Nasdaq has targeted an August 2016 release for the IR Analytics platform, with an additional rollout of upgrades and iterations scheduled for successive quarters. The launch is ultimately an important tool for IR officers who are constantly working to utilize the most comprehensive and versatile tools at their disposal.
According to Stacie Swanstrom, Head of Nasdaq Corporate Solutions, in a recent statement on the upcoming launch, “The addition of Nasdaq IR Analytics into our IR Insight platform exemplifies our commitment to meeting the evolving needs of our investor relations clients. We collaborated with our clients when building this integrated platform and continually seek their feedback to help drive our investments. This strategic shift accelerates Nasdaq IR Insight to become an increasingly critical resource that empowers our client base with actionable intelligence.”
“We are modeling and integrating all of the data relevant for the IRO in a way that can be completely flexible and transparent using high performance back-end technology with layered-on analytics and data visualization capabilities. This will allow our clients to better understand their own data and our unique content assets to uncover new insight and answer questions,” added Nick Pastoressa, Head of Product and Platform, Nasdaq Corporate Solutions, in an accompanying statement.