Wall Street Letter VOL. XLV, NO. 30 - Sept. 23, 2013 | Page 3

26 SEPTEMBER – 2 OCTOBER 2013 NEWS DATA Published by Pageant Media London Thavies Inn House London EC1N 2HA T [phone] F [phone] New York 1441 Broadway Suite 3024, NY 10018 T [phone] F [phone] EDITORIAL Jeanene Timberlake Managing editor [phone] [email protected] COMMERCIAL Lucy Churchill Group commercial manager [phone] [email protected] Sean Creamer Reporter [phone] [email protected] Tracey Carey Content sales manager [phone] [email protected] Gwyn Roberts Group head of content [phone] [email protected] EVENTS Beth Hall Head of events [phone] [email protected] Indira Peters-DiDio Data manager [phone] [email protected] PRODUCTION Claudia Honerjager Head of production c.honerjager@ pageantmedia.com Sub-editor Eleanor Stanley Sub-editor Luke Tuchscherer Sub-editor DISTRIBUTION Fay Muddle Circulation manager [phone] [email protected] PAGEANT MEDIA Charlie Kerr Chief executive Printed by The Manson Group ISSN# 726-98790 © 2013 Pageant Media Ltd. All rights reserved. COPYRIGHT NOTICE: No part of this publication may be copied, photocopied or duplicated in any form or by any means without Pageant Media’s prior written consent. Copying of this publication is in violation of the Federal Copyright Law (17 USC 101 et seq.). Violators may be subject to criminal penalties as well as liability for substantial monetary damages, including statutory damages up to $100,000 per infringement, costs and attorney’s fees. The next WALL STREET LETTER will be available the week of 09/30/13 The upcoming issue will feature our regular industry news coverage. Until then, news items will be available on our website at www. wallstreetletter.com Estimize to release analytic offering, plans coverage expansion Estimize will release its Select Consensus measure, its first estimate of various market data, by the end of the month, according to Leigh Drogen, CEO and founder. The vendor provides financial estimates based on input from independent analysts, and those on the buyside and sellside and others. Select Consensus will cover any stock Estimize has three or more estimates of for a given quarter, noted Drogen. The covered estimates are earnings per share, and revenue metrics within domestic equities but plans are underway to examine new data sets following the release of the LEIGH DROGEN Select Consensus, CEO and founder, he said. Estimize Drogen explained expansion will take place within the next two months within the equities data set and will also add other data sets looking at macro effects on the market such as GDP, jobs numbers and the housing markets. “Every quarter we work to increase 01 CONTINUED... As an example, he said the firm has limited the jurisdictions it will use to hold its investor data to limit possibility of penetration by the US Patriot Act. Charles Chien, executive director at Canyon Partners, said that a majority of the firm’s platforms that are using cloud infrastructure are hosted internally. the amount of data on the platform, the number of contributors and the number of stocks covered,” said Drogen. The Select Consensus will be distributed for free, but quant funds hand-picked by Drogen purchase the rights to use Estimize’s application programming interface for use in real-time algorithmic