Lagos
SBA Research Limited has launched its e-confluence data platform that provides information liquidity on 23 emerging markets of Africa and the middle East.
Executive Director of SBA, Mr. Segun Akande, said the e-confluence data platform covers 3,344 equities and over 800 bonds in 23 countries, and was designed to fill the gap in analytical data available in Africa and middle Eastern countries.
He said the platform provides a wide range of stock market information resources to investors, fund managers, stockbrokers and pension fund managers.
"It provides access to 40 dynamic share prices, currency and indices chart studies, current and updated financial statements on each company, alert capabilities that enable users make buy or sell decision on a particular stock, and enable up to five portfolio set- ups that are downloadable to excel", he said "it, also offers a liquidity measurement tool that enables the user to identify price liquidity of listed stock, as well as provide a comparison tool that enables the global comparison of up to four companies in terms of balance sheet, cash flow, profit/loss and ratios, irrespective of what country the company is in", he added.
According to Mr. Akande, the platform which represents the most modern advance in financial market data in Africa and the middle East, has been adjudged as "impressive" as well as having "the best coverage of African equities", by Morgan Stanley, cannalord capital and Goldman Sachs.
Highlighting on the benefits of the e-confluence, Mr. Akande, said it enhances brokers, electronic research capabilities in a cost effective manner.
There is improvement in market liquidity given faster buy or sell decision increased availability of data on the smaller capitalised stocks which open them up for investment.
The platform provides an opening for brokers and investors to understand markets in other countries, thereby put together cross- country funds unit trusts that are highly sought by the emerging market investors who seek to spread his risk.
The e-confluence data terminal which is gaining wide acceptance in the emerging markets, has an inbuilt and secure communication server that enables investors communicate real-time with users in all the areas of coverage without delay.
SBA Research said extensive local support has been provided for the e- confluence data terminal through in-house training, local system analysts, and client relationships personnel.
It has, also, set up dedicated telephone lines, personnel and on-line help system to ensure a seamless experience on the product.
SBA Research Limited is the largest supplier of Africa and Middle East Capital Market data in the world.
The company, which is wholly indigenous, opened office in Nigeria in 1999. The Nigerian office became the African hub in 2001.
The company is in partnership with other international research and data organisations such as Reuters.
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