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Home News BBY and FactSet Reach Distribution Agreement

BBY and FactSet Reach Distribution Agreement

Wednesday, July 20, 2011

BBY has announced today that it has reached an agreement with FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a premier vendor of financial information, to include BBY Research forecasts within the FactSet platform.

BBY Research has begun to send FactSet fundamental estimates from their team of industry leading Research Analysts. BBY Analyst forecasts encompasses BBY-covered stocks (93 today), which is set to continue to grow rapidly in the coming months due to the acquisition of StoneBridge and their Research teams.

BBY is sending FactSet data on a range of estimates including EBITDA, EBIT, EPS, DPS and NTA. Data is updated on an intra-day basis and a complete list of covered stocks is sent from BBY to FactSet at the end of every working week.

According to BBY’s CEO and Managing Director, Glenn Rosewall, the agreement responds to demands from existing clients and potential clients for BBY Research. “Beyond our current client base are potential customers who will benefit from the information that we are making available through FactSet. Over time, we expect that more of these institutional investors will enter into agreements with us directly in order to gain access to BBY Research.”

To date, several of BBY’s biggest clients have been granted access to BBY’s detailed estimates in FactSet, with others set to follow in due course.

The Agreement is part of a long-term strategy designed to raise awareness of the quality of BBY’s Research.

For further information, please telephone:

Guy Ogier
BBY Limited
Tel: (02) 9226 0052
Email: gao@bby.com.au

About BBY
BBY is an Australian focused stockbroking, corporate advisory and asset management firm. With offices in Sydney, Melbourne, UK and UAE along with a global presence in the USA and Asia, BBY is well positioned to service its clients’ local and global needs.

BBY’s vision is to be a leading Australian owned securities firm, providing solutions to high growth, small, medium and large sized Australian Companies including their Australian and International investors. BBY is able to allocate industry resources to ensure we solve our client’s problems by getting the best possible result in meeting their objective. BBY’s long term commitment to its clients is strongly supported by well- regarded research, experienced corporate finance and broking teams.

BBY has developed a reputation for providing focused, quality services, innovative solutions and high level execution for its institutional, corporate, private client and broker dealer clients.

BBY is an independent Australian firm, with the strength of an international partnership with leading Asian investment bank CIMB, (www.cimb.com), and an equity partnership with major US investment bank, Jefferies & Company, Inc (www.jefferies.com).

More information…