January 2024 Release Highlights:
Nikkei News
Platform: S&P Capital IQ Pro
What’s new: We are pleased to inform you of our partnership with Nikkei News for exclusive access to The Nikkei and Nikkei Asia news and analysis. News Home now features Top Articles that are curated from Exclusive Insights from the newly added proprietary news analysis from Nikkei Asia, S&P Global’s veteran journalists and analysts, and Dow Jones editors.
See the release notes>
Most relevant for: All users focused on Asia.
Workflow improvements:
- Visit News Home and Industry News pages to access news stories for global markets and industries, from newly added Nikkei News and all Capital IQ Pro’s news sources.
- Monitor Nikkei News headlines for your portfolio, company watchlists, or topics of interest from the Dashboard Newswire.
- Read Nikkei News on companies of interest on Corporate Profile and Company News.
- Search using a dedicated Nikkei News search vertical on the lefthand navigation to explore Nikkei’s archive of historical news coverage, including ~400,000 articles from the past 3 years.
Alerts
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced a new U.S. Morning Briefing newsletter that highlights market-driven news, key data, and events before the U.S. market opens. We also added industry specific estimates to Surprise Alerts, which allow users to receive alerts on earnings beats and misses for companies they track.
See the release notes>
Most relevant for: Financial Markets Research and Analysis
Workflow improvements:
- Now subscribe to a daily newsletter from the new Newsletters & Recaps section, ensuring they receive key news & market data before the US business day begins.
- Users can add industry-specific estimates to Surprise Alerts, which allow users to receive alerts on earnings beats and misses for companies they track. The alert setup process has also been upgraded, to make it easier to apply relevant metrics to companies in similar industries.
Search
Platform: S&P Capital IQ Pro
What’s new: We expanded data coverage on Search by adding People data on top search, Industry documents in Filings and Nikkei News on Advanced Search page.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Users can search for Officers’ data directly from Search.
- Search for Industry Documents, including Maps and Geographic Research, Industry Research, and PMI Economic Press Releases, in Filings within the New Search experience on the advanced page.
- Obtain a quick snapshot of a niche sector through new Topic Tag cards on Advanced Search results.
- We have enabled search for companies on Japanese language.
Index
Platform: S&P Capital IQ Pro
What’s new: In this release, we added region-focused FTSE ADX and FTSE JSE SA REIT index families. We also expanded Index financial valuation aggregates coverage by adding multiples on the respective Index Profiles as well as financial metrics for Balance Sheet, Income Statement, Cash Flow Statement & Ratios for Indices and Trailing Multiples & Forward Multiples for Custom Indices in S&P Capital IQ Pro plug-in.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Access index prices and constituent data for FTSE ADX and FTSE JSE SA REIT indices.
- Note: Access to constituent data of the above indices requires additional subscription, please reach out to your Relationship Manager for details.
- Access up to 20 years of aggregated multiples for Indices in Index Profile under Financials/Valuation section for yearly, quarterly and monthly periods.
- Access up to 20 years of aggregated Balance Sheet, Income Statement, Cash Flow Statements as well as Ratios for Indices in S&P Capital IQ Pro Plug-in.
- Create and gauge the performance of a custom index by pulling multiples within S&P Capital IQ Pro Plug-in.
- Example: =SPGRANGEV("SPGI,IBM,KO","IQ_TEV_TOTAL_REV", "LTM" ,"1/1/2023","6/1/2023","Options:Aggregate=wAVG")
Loans
Platform: S&P Capital IQ Pro
What’s new: In this release, we improved navigation, content display and page performance for Loans data in Dashboard, Loan Sector Profile and Loan Security Detail pages.
See the release notes>
Most relevant for: Professors and Researchers
Workflow improvements:
- Access the new Loan Matrix widget in Dashboard, which displays an aggregate view of S&P-rated facilities based on an Issuer’s Industry/Sector, and an option to navigate to Loan Sector Profile to see the security details.
- View improved data displays on Loan Security Detail, coupled with enhanced filtering. on Loan Sector Profile with the addition of more granular industry classifications and a new Country filter.
Macroeconomic Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced Macroeconomic data within the Geographic Intelligence Screener by adding select economic indicators for broad regions. Additionally, users with premium access to the Purchasing Managers’ Index™ (PMI™) Metals, UK Jobs, and Price Pressure & Supply Shortage Indices license can see historical and current data on the PMI Summary page and within the Geographic Intelligence Screener for these indices.
See the release notes >
Most relevant for: Macroeconomic Research, Professors, Students and Researchers
Workflow improvements:
- Users with premium access to the named PMI™ Indices can now get a detailed view of current and historical business conditions for newly added Purchasing Managers’ Index™ (PMI™) Metals, UK Jobs and Price Pressure & Supply Shortage indices for a country/region.
- Users will now have access to broad regions in the Geographic Intelligence perspective on Screener and in Capital IQ Pro Plug -In for select macroeconomic indicators.
- Regional coverage now includes the World, European Union, Eurozone, Latin America, ASEAN, Asia, Developed Markets, Emerging Markets, North America, Asia ex -China, Asia ex Japan, BRIC, G7, World ex China and World ex USA.
Investor Activism
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced an Activism Campaigns Overview page in the Capital IQ Pro platform. This interactive page provides a broad-level, market focused view of campaigns which allows users to visualize trends in investor activism across periods, industries, and by market capitalization types.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Access the new Activism Campaigns Overview page and customize the view of campaigns via interactive charts with top-page filters for period, campaign status, and target industries, geographies, and market-cap types. The drill-through functionality on the charts provides quick access to the associated details of the campaigns.
ESG
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced new Net Zero commitments, providing users the ability to assess corporate climate targets. Additionally, we have continued to update ESG scores based on the 2023 annual CSA methodology and updated modeled scores for prior years. Furthermore, we added environmental point-in-time (PiT) and As Reported (AR) data allowing users to access data at a historical point in time and as reported data by the company. Lastly, we introduced a new screen capturing the involvement of companies in the expansion of Coal Mines, Power Plants and Transportation Infrastructure.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can now access the latest S&P Global ESG Scores and S&P Global CSA Scores for 8000+ companies. The latest scores are based on the 2023 annual CSA methodology which evolves annually to ensure alignment with recent updates in recognized standards and frameworks, and to accurately capture corporate efforts in answering upcoming sustainability challenges.
- Users now have the ability to assess corporate climate targets on their comprehensiveness, adequacy, credibility, completion and examine long-term forecasts of Scopes 1, 2, and 3 GHG emissions through 2050 on the Capital IQ Pro platform.
- Users can now access the modeled scores for prior years based on the updated methodology. These are not restatements of the historical S&P Global ESG Scores and are only provided for comparative assessment to show what the S&P Global ESG Scores would have been including modeling approaches for the years prior to 2023.
- Users can access and view a company’s profile at a historical point in time. If adjustments or amendments were implemented, we would identify the reasons behind the change while preserving access to the historical data. Additionally, users can access the raw, as reported data as published by the company. This will help highlight what was, or was not, included in a company’s sustainability reporting and the value S&P Global brings in its modeling process to normalize and standardize the data.
- Users can access a new screen on the company page and Screener. The Coal Expansion screen captures the involvement of companies in the expansion of coal mines, power plants and transportation infrastructure, including relevant metrics per activity and whether the company has a commitment to phase it out.
Fundamentals
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced a period slider on the Key Stats and As-Reported pages, added CIQ Data Item IDs to definition pop-up windows, and introduced the CIQ Financial Glossary to the S&P Capital IQ Pro platform. With these enhancements, clients will have access to more extended definitions for CIQ Fundamentals and be able to adjust filters and parameters with ease.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Access to CIQ Data Item IDs in the definition pop-up for Capital IQ sourced data in the templated financial pages.
- Users can access S&P Capital IQ Financials Glossary that provides extended definitions of CIQ sourced financial data items, which details financial concepts that are included or excluded from the data items.
- Users can now use the modern filters and the period slider on the Key Stats and As-Reported pages, which is similar to what is already available on the Templated Financial pages.
RatingsDirect
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced a series of new functionalities and core enhancements designed to streamline and enrich workflows for RatingsDirect® users across multiple sectors. The enhancements, spanning across various areas of the platform, introduce new experiences for Collateralized Loan Obligations and Sustainable Finance, enhance the Coverage page, and expand US Public Finance alert functionality.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- RatingsDirect® users now have access to an enhanced Collateralized Loan Obligations (CLO) experience, featuring an expanded deal page and comprehensive CLO performance data. This upgrade offers insights into deal collateral characteristics and underlying exposures, along with robust performance content. These enhancements facilitate a better understanding of CLO characteristics, helping users to make more informed investment decisions.
- RatingsDirect® users now have access to a dedicated Sustainable Finance page, offering access to Second Party Opinions (SPOs) and Sustainability Research & Insights. Our SPOs, grounded in the methodology of the recently acquired Shades of Green, provide transparent evaluations of a company’s financing or framework. Together with our Sustainability Research & Insights, users gain valuable insights into contributions towards a sustainable future.
- RatingsDirect® users now have access to a dedicated S&P Ratings Macroeconomic Credit Indicators page for sovereigns that displays sovereign risk and economic conditions. Users will have access to historical, current, and forecasted data, while gaining a deeper understanding and transparency into the credit analysis process for sovereigns.
- RatingsDirect® users now have access to definitions for all Scores, Factors, and Modifiers directly on the Corporate or Country/Region Profile. This enhancement allows users to gain a deeper understanding of each field and its specific scale, offering greater transparency into the components of credit ratings.
- RatingsDirect® users can set and receive S&P Global Ratings and Credit Research alerts based on US Public Finance (USPF) Revenue Source sectors and subsectors. This new feature is designed to provide added value for users seeking real-time or scheduled alerts for credit actions for municipals within their specific segments of interest.
Banks & Credit Unions
Platform: S&P Capital IQ Pro
What’s new: In this release we introduced new U.S. Bank Regulatory Aggregates and updated Credit Union Regulatory Financial Summary pages with the latest credit union summary fields. Additionally, we added Rate fields for Deposit and Consumer Loan products in all three Branch Analytics Applications (Market Share, Market Overlap, Merger Planning / HHI Analysis), which will achieve Rate-type field consistency across Screener, Desktop, and Branch Analytics. Furthermore, we added six new As-Reported Financials pages along with a new Basel III/IV templated page for banks globally and added credit & HTM-adjusted common equity and tangible book value ratios for US GAAP banks.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can now access 126 newly introduced aggregates including All Banks with new asset ranges, All U.S. Banks by individual states, All U.S. Banks <10$B by individual states, Primary Regulator (FDIC, OCC and FED) and Charter Type (Banks – State/ Federal and Credit Unions – Federally Chartered, Federally Insured and Non-Federally Insured). Additionally, users can also access these new aggregates on the U.S. Banking Industry Aggregates web page.
- All U.S. Banks by individual states, All U.S. Banks <10$B by individual states, Primary Regulator (FDIC, OCC and FED) and Charter Type (Banks – State/ Federal and Credit Unions – Federally Chartered, Federally Insured and Non-Federally Insured).
- Users can now add Rate fields in the U.S. Depository Consumer Rates within all three Branch Analytics Applications Market Share, Market Overlap and Merger Planning / HHI Analysis.
- Users can now access six new As-Reported Financials pages related to loans, segments, and ESG (Environmental, Social & Governance) metrics on Capital IQ Pro for banks globally.
- Users can now access a new Basel III/IV templated page with all the fields related to Basel III/IV on Capital IQ Pro for banks globally.
- Users can now access credit and HTM adjusted tangible common equity and book value ratios for US GAAP banks.
Energy
Platform: S&P Capital IQ Pro
What’s new: We have launched Power Evaluator tool which is an innovative power plant simulation & valuation suite. This tool allows users to discover & screen for projects, portfolios, and companies, build & analyze potential new plants and portfolios, simulate project or portfolio sales and track plant portfolio progress to Net Zero.
See the release notes>
Most relevant for: Energy Analysis, Professors, Students and Researchers
Workflow improvements:
- Portfolio Advisor: Simulate potential acquisitions and divestments and determine how these choices impact your portfolio.
- Scenario Analysis: See how different assumptions in markets, policy and technology can impact your asset/portfolio valuation.
- Prospector & Simulator: Use a combination of mapping layers and nodal basis forecasting to understand the impact to reliability, operating margin and emissions goals.
- Net-Zero Benchmarks: Rank your portfolio score against three key net-zero categories – Reliable, Cost-effective, and Clean.
- Global (North America excluded) Upsteam Oil & Gas data is now available on Capital IQ Pro platform. Users can access Basins and Fields data, including ownership details, production information, reserve data, and much more.
Metals & Mining
Platform: S&P Capital IQ Pro
What’s new: In this release, we added new mining industry metrics including acquired assets, reserves and resources in the Transactions Screener and the S&P Capital IQ Pro plug-in. We also added the mine-level power/fuel source under Mine Economics in the Metals & Mining Property profile along with a newly launched Lithium Mine model in Excel Template Library.
See the release notes>
Most relevant for: Metals & Mining Research & Analysis, Professors, Students and Researchers
Workflow improvements:
- Users can view mining deal details within the Transactions Screener and the S&P Capital IQ Pro Plug-in, covering the individual assets, acquired and associated reserves and resources. Commodity reserves and resources and the estimated value will assist in benchmarking activities and identifying precedent deals.
- Users can view details on the power and fuel sources across primary, secondary, and tertiary levels that are used at the mine sites for mining and processing activities. This new data item from the Mine Economics production and cost dataset provides insight into the current energy considerations for an asset’s modeled energy and infrastructure costs.
Technology, Media & Telecommunications
Platform: S&P Capital IQ Pro
What’s new: In this release, we added three new views for our U.S. Broadband and Video data with filter options for Geography for subscriber market share, operator footprint, and speed/tech health. We also added a Data Library widget on the Tech, Media & Telecom sector homepages.
See the release notes>
Most relevant for: TMT Research & Analysis, Professors, Students and Researchers
Workflow improvements:
- Users can now access new report types of DMA, County, Zip added under Report Type filter.
- Users will be able to visualize results filtered at different geography levels based on report type for 41,000+ geographies, generate focused results by operator type, and support comprehensive entity analysis across 1,200 operators.
- Users can now access the Data Library widget on each of the Tech, Media & Telecom sector homepages to view the latest proprietary datasets published by Kagan research analysts. Additionally, a Forecast badge is added for each relevant report, signaling datasets containing forecasted data. Users can also utilize the tick box to narrow down their selection to reports exclusively containing forecasted data.
S&P Capital IQ Pro Plug-in
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced the excel model creation experience in S&P Capital IQ Pro Plug-in by utilizing numeric relative constants and implementing padding to market data.
See the release notes>
Most relevant for: Financial Markets Research and Analysis, Professors, Students and Researchers
Workflow improvements:
- Users can use numeric relative constants in their excel models. Relative constants are numerical values assigned to the current period and users can add or subtract from these constants to retrieve future or historical information.
- Users can retrieve market data of a previous day close price on non-trading days, such as weekends and holidays in S&P Capital IQ Pro plug-in formulas.
September 2023 Release Highlights:
Search
Platform: S&P Capital IQ Pro
What’s new: We enhanced Search with the introduction of a new interface and improved relevancy. We also expanded coverage of searchable results with the addition of Rates & Yields as a heading in the top search navigation, incorporated Topic Tags, introduced S&P Ratings entity ID search and improved overall usability for Media sector related search relevancy.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Access new content categories designed to search across data sets within the All tab which also enables browsing through specific content categories and subcategories.
- Search for Rates & Yields directly from the top search bar.
- The new search experience brings more relevant results with expanded synonyms coverage and prefix searches.
- Review tool tips for all the supported keyboard shortcuts.
- Users can directly navigate to the Market Maps page from a Topic Tag in top search and look for companies tagged to the specific topic tags in Advanced Search.
Document Viewer
Platform: S&P Capital IQ Pro
What’s new: We introduced the ability to export data tables of Investment Research reports from Document Viewer into Excel and improved relevancy of search results for companies, lists, and indices.
See the release notes>
Most relevant for: Professors, Students
Workflow improvements:
- Download data tables from a PDF-formatted Investment Research document and export the tabular data by clicking on the export data option from Document Viewer.
- New filters for public or private entities in the companies tab.
- Improved relevancy for lists and indices.
News
Platform: S&P Capital IQ Pro
What’s new: We redesigned the News & Analysis pages to improve discoverability of relevant content, facilitate easier navigation, and reduce page load times.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Access a redesigned News Home page that will display market and industry news from Dow Jones and S&P Global Market Intelligence.
- Take advantage of greater personalization options.
- Browse news and analysis handpicked by our editors, read personalized recommendations based on their reading history, and organize this landing page based on their topics of interest.
- Updated left-hand navigation allows users to quickly access relevant sections of the page without scrolling.
Fixed Income
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced our Loan Sector profile by adding functionality to enable borrower search, new page filters, and distribution visualizations to allow for a deeper understanding of the current loan market. We also updated S&P Ratings fields within various Screener views and S&P Capital IQ Pro Plug-in and expanded Rating and Debt types. In Debt Capital Structure, we now have additional data fields for loan securities and in Dashboard, a Top Loan Movers and Top Liquid Loan widgets are now available.
See the release notes>
Most relevant for: Professors and Researchers
Workflow improvements:
- Yield, Conversion, and Advisor data for Loan facilities on the Loan Security Detail page.
- The price and analytics chart is enhanced with an additional custom date selector.
- The Loan Sector profile page is enhanced to include search functionality by borrower, depth filtering, and enhanced visualizations to view current loan universe statistics for S&P Ratings distribution as well as minimum, median and maximum values for loans within a certain pricing range.
- Dashboard and Screener now include price change and price change (%) fields. Top Loan Movers and Top Liquid Loan perspectives were also added on the Dashboard.
- S&P Ratings field updates in screener and S&P Capital IQ Pro Plug-in
- As a part of this change, the previous S&P Credit Ratings data fields will be retired. Any saved screen or Excel plug-in model that uses the old fields will need to be updated with the new metrics. Please refer to the full release notes for more details on the field changes and contact your account team or Client Support for more help with the updates.
- Impacted screener types: Companies (Classic), Geographic Intelligence, Capital Structure (Classic), Insurance Statutory Financials (U.S.), Regulated Depositories (U.S.), Reinsurance Relationships (U.S.), Insurance Product Filings (U.S.), Insurance Investment Holdings (U.S.) and Insurance Investment Transactions (U.S.)
Macroeconomics
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced the new Country/Regional PMI Summary page that includes PMITM Headline data, PMI™ Press Releases, and PMI™ News. Within the page, users with the Purchasing Managers’ Index™ (PMI™) Global Index or Sector Index add-on subscription can access historical and current index levels for the Details, Flash and Outlook data series for Composite, Manufacturing, Services and Whole Economy as well as Market Groups, Electronics, Construction, Derived, Dubai and Canadian Region Indices. Five new Economic & Demographic data points have also been added.
See the release notes >
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Access the new Country/Regional PMI Summary page within the Country/Regional Profile page that includes PMI™ Headline data, PMI™ Press Releases, and PMI™ News. Users with access to the PMI™ add-on subscription can get additional data points related to historical and current index levels for the Details, Flash and Outlook data series for Composite, Manufacturing, Services and Whole Economy as well as Market Groups, Electronics, Construction, Derived, Dubai and Canadian Region Indices.
- Access new economic and demographic data points such as Stock Market Index, Employment, Financial Account Balance, Portfolio Investment, and International Reserves minus Gold % of GDP for the respective countries covered.
Fundamentals
Platform: S&P Capital IQ Pro
What’s new: We enhanced the Multiples page by offering a Charting option, added the S&P Capital IQ Pro Plug-In alias to CIQ definitions on the Templated Financial pages, and inserted additional CIQ Fundamentals data items to the S&P Capital IQ Pro Plug-In and Screener.
See the release notes>
Most relevant for: All users
Workflow improvements:
- These enhancements will allow users to access similar data across the platform seamlessly.
- Access Chart Builder tool directly from the Multiples page.
- Quick access to S&P Capital IQ Pro Plug-in aliases in the definition pop-up for Capital IQ sourced data in the templated financial pages.
- Users can access 20 new Capital IQ fundamentals data items in the S&P Capital IQ Pro Plug-In and Screener.
ESG
Platform: S&P Capital IQ Pro
What’s new: In this release, we have applied the updated 2023 ESG scores methodology including the release of 2023 wave 1 company scores.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Updated 2023 ESG scores methodology.
- We expanded environmental coverage by adding Research Type flags to company environmental pages to easily identify how the respective Environmental profiles were generated.
- We also expanded Business Involvement Screens with new coverage in both the Consumer Products and Defense & Weapons categories and added a new Paris Alignment company’s confidence score for the latest and historical years.
- We added coverage of Physical Risk assets to 1.6 million.
Private Markets & Private Company Expansion
Platform: S&P Capital IQ Pro
What’s new: We enhanced our private companies offering by adding new Products, Services, and End Markets data to help users understand the company’s business operations and map out the end-consumer ecosystem. We also expanded private company data coverage for APAC private companies to provide vendor sourced firmographics, financials, officers, and directors data for small and medium enterprises based in Taiwan.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Gain additional insights into products, services, and end markets for private companies on the Products & Services page, enabling them to discover and understand the company’s core business, primary products/services, and consumers in a more granular way.
- Access additional financials & firmographics data for small and medium enterprises in Taiwan, significantly enhancing coverage for the geography.
NAICS Industry Classifications
Platform: S&P Capital IQ Pro
What’s new: In this release, we added North American Industry Classification System (NAICS) classification taxonomy for companies in S&P Capital IQ Pro platform.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Gain Users can view the North American Industry Classification System (NAICS) classification details for a company in Corporate Profile. This enhancement will be available for both public and private companies.
- Users can now run screens using North American Industry Classification System (NAICS) classification as a criteria as well as add NAICS classification as a display column for their screens from the Companies perspectives.
Report Builder: Quick Report
Platform: S&P Capital IQ Pro
What’s new: We revamped Quick Report by reformatting the output into a concise one-page report with a fresh layout, highlighting key data relevant for public companies.
See the release notes>
Most relevant for: All users
Workflow improvements:
- Users will now be able to select a more concise one-page report containing key company information such as revenue by business and geography charts, market data, key statistics, estimates, and more.
TMT
Platform: S&P Capital IQ Pro
What’s new: We launched a brand new data library highlighting thousands of historical and current datasets to further support data discoverability. Additionally, Kagan Research and Documents are now integrated in Document Viewer.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can now view all TMT data on the newly built Data Library page. This page will allow users to quickly filter through all interactive reports, visualizations reports, templates and excel documents including forecasts by sector, topic, geography, and period breakouts.
- Users can now access and view Kagan research reports from Advanced Search in Document Viewer.
Metals & Mining: Mining Asset Power/Fuel Source
Platform: S&P Capital IQ Pro
What’s new: We have added primary, secondary and tertiary power and fuel sources within the Metals & Mining Properties data set in Screener.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- This new data item from the Mine Economics production and cost data set provides insights into the current energy considerations for an asset’s modeled energy and infrastructure costs.
Banks and Credit Unions
Platform: S&P Capital IQ Pro
What’s new: We added derived ratios related to IFRS 9 loan staging classification for IFRS 9 adopted banks, and loan & deposit maturity fields for US GAAP banks. Additionally, we updated Credit Union Financial Performance (FPR) fields for Credit Unions, added new Uniform Bank Performance Report (UBPR) for banks and latest regulatory fields in Screener. These field additions for Banks and Credit Unions allow users to measure financial performance, key trends, balance sheet compositions for one entity or a group of companies.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can now access the derived fields related to IFRS 9 standard loan staging classification for IFRS 9 adopted banks.
- Users can now access loan and deposit maturity fields for US GAAP banks.
- Users can access FPR fields with updated average values for a selected company as per the NCUA (National Credit Union Administration) defined guidelines and new datapoints within Borrowing Arrangements (P26). Additionally, users can now access the newly published UBPR Income Statement page changes. These tools help institutions prepare for regulatory examinations.
Insurance
Platform: S&P Capital IQ Pro
What’s new: In response to the largest change in accounting standards pertaining to IFRS 17 for global insurers, we introduced new disclosures and analysis across three new pages on the S&P Capital IQ Pro platform. These new disclosures will help users better understand the impact of insurance contracts on an insurance company’s profitability. We also expanded coverage of existing U.S. statutory insurance company by adding U.S. fraternal insurance companies' data, providing comprehensive coverage through our relationship with the NAIC (National Association of Insurance Commissioners), the U.S. regulator for insurance companies.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can access three new pages in S&P Capital IQ Pro that provide the detailed impact of IFRS 17 on an insurance company’s Income Statement, Balance Sheet, and Underwriting Analysis for our European and Asia Pacific Insurance coverage. There are also 54 new fields avaialble in Screener.
- Users can access U.S. fraternal insurance company’s statutory data directly using existing U.S. statutory life insurance pages, Market Share & Select-A-Page applications and Screener. Furthermore, any existing U.S. life insurance models are now updated to include fraternal insurance company’s statutory data.
Office Plug-in
Platform: S&P Capital IQ Pro
What’s new: S&P Capital IQ Pro Plug-in users can calculate Custom Index performance, conveniently pull relevant FX Rates, utilize Historical Currency Conversion methods for a variety of data types, and streamline the performance of large Excel files with a new Refresh option.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users requiring foreign currency data conversion can take advantage of the Historical Currency Conversion Method in S&P Capital IQ Pro Plug-in and Screener.
- Users can conveniently access exchange rate values within S&P Capital IQ Pro Plug-in.
- Users wishing to improve the performance of large models that automatically refresh CIQ Pro formulas can independently control the refresh settings of certain function types. Performance-degrading large functions (Tables, Ranges, Screens, and Queries) can be restricted to manual refresh while single-cell formulas continue to update automatically. The following functionality will be available only for users with a S&P Capital IQ Pro Office version of 23.09 or higher.
Index
Platform: S&P Capital IQ Pro
What’s new: We introduced a more robust index charting capability on the Index Profile page, expanded index financial aggregate coverage, and added intraday open-high-low data points. Additionally, we integrated Index identifiers and expanded Index trailing and forward multiples in the S&P Capital IQ Pro Plug-in.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Users can now take advantage of our robust ChartIQ visualizations on the Index Profile page. This includes drawing tools, studies, and new chart-types. These additional capabilities will enable users to undertake more meaningful analysis and offer a modernized interface experience for charting.
- Users can access up to 20 years of aggregated Balance Sheet, Income Statement & Cash Flow statements of indices in Index Profile. The expanded financial aggregates will allow users to conduct better benchmarking and more insightful analysis.
- Users can now view headers that display Index Ticker and SPT Identifier/Key across all indices (Profile, Constituents, Financials/Valuation). These identifiers can be plugged into SPG formulas to pull data in S&P Capital IQ Pro Plug-in.
- Users can now pull additional trailing and forward multiples for index aggregates in S&P Capital IQ Pro Plug-in.
Energy
Platform: S&P Capital IQ Pro
What’s new: Midcontinent Independent System Operator (MISO) recently adjusted the way they report their capacity auction results, which are now reported at the seasonal level. Going forward users can view these seasonal results for the current year and for future years directly on the S&P Capital IQ Pro platform.
See the release notes>
Most relevant for: Professors, Students and Researchers
Workflow improvements:
- Midcontinent Independent System Operator (MISO) recently adjusted the way they report their capacity auction results, which are now reported at the seasonal level.
- Power Plant expansion includes coverage for: Guam, Kuwait, Monaco, Niue, Norfolk Island, Northern Mariana Islands, San Marino, Tokelau, and Tuvalu.
- Users can now retrieve power plant data for all power plants across the world.
June 2023 Release Highlights:
Estimates
Platform: S&P Capital IQ Pro
What’s new: In this release, we added 41 new Estimate data points including 39 industry-specific data points across 13 industries comprising Airlines, Banks, Healthcare, Home Building, Hotels & Restaurants, Insurance, Metals & Mining, Oil & Gas, Pharma & Biotech, Real Estate, Retail and TMT, with a further 22 data points being added in late July. In addition, we added alerting capabilities to track Broker Recommendation upgrades, downgrades, and coverage changes. See the release notes>
Most relevant for: Equity Research Coursework, Industry Research, Valuation Challenges, Financial Analysis Curriculum
Workflow improvements:
- Addition of 39 new industry-specific Estimate data points across 13 industries, plus Selling, General & Administrative Expense Estimates and Research & Development Estimates for all industries.
- In late July, an additional 22 Estimate data points will be available, including data points for an additional industry, Education.
- *Coming soon* Set up alerts for broker recommendation upgrades, downgrades, and coverage changes for companies.
Fixed Income: Loan Facilities in S&P Capital IQ Pro
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced the first fixed income content integration from IHS Markit with the addition of Loans facilities in S&P Capital IQ Pro platform. Users will have access to enhanced Loan Terms and Conditions (T&C) data and multiple levels of pricing data, analytics, and a liquidity score for these loan facilities. See the release notes>
Most relevant for: Credit/Lending Analysis, Valuation Challenges, Financial Analysis Curriculum
Workflow improvements:
- Access 58,000 loan facilities, including ~3,000 facilities with current pricing data such as live prices, New York close, London close, and evaluated pricing. This data is available on the Corporate Issuance pages within Corporate Profile, Securities Summary Screener, and in S&P Capital IQ Pro Plug-in.
- We also enhanced coverage of security types and introduced the IHS Markit loan facility identifier or LXID to Top Search and Fixed Income Search in Dashboard and List Manager.
Private Markets & Private Company Expansion
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded private company data coverage for APAC private companies to provide vendor-sourced firmographics, financials, and officers and directors data for small and medium enterprises based in Thailand and Singapore. We also added six new Topic Tags, additional investment criteria for Fund Managers and Limited Partners and a new set of “Direct Alpha” PMEs on Private Capital Benchmark page and Screener for performance analysis. See the release notes>
Most relevant for: Risk Analysis, Research Professionals, Valuation Challenges, Financial Analysis Curriculum
Workflow improvements:
- Access additional financials and firmographics data for private companies in Thailand and Singapore.
- Access additional officers and directors’ data for Thailand and Singapore private companies.
- Addition of six new Topic Tags (Digital Wellness, Digital Mental Health, Employee Assistance Program (EAP), 5G, Pet Food and Supplies, and Pet Care).
- Analyze and gain quicker insights into emerging and niche markets through a new 'Companies Funded' column on the Market Maps Summary page and an enhanced Deal Activity view on the Details page.
- Access a new set of "Direct Alpha" Public Market Equivalents (PMEs) on Private Capital Benchmarks page and Screener for performance analysis.
- View aggregated investment strategy and commitment breakdown along with top fund manager insights for a Limited Partner/Investor.
*Coming Soon* Investor Activism
Platform: S&P Capital IQ Pro
What’s new: In this release, we launched three new Investor Activism pages - Investor Activism Summary, Activist Profile, and Campaign Profile. These pages enable users to visualize the level of activism and potential impact against a target company, analyze an activist's history and ownership holdings, and view key campaign data points. See the release notes>
Most relevant for: Equity Research Coursework
Workflow improvements:
- View investor activism campaigns launched against a target company with breakouts by year, status, objectives, and tactics.
- See an activist’s campaign activity and identify the activist’s success rate, objectives, tactics, target industry breakouts, top public holdings, and related news and events.
- View the details of a campaign and see key data points, including objectives, tactics, key developments, advisers, shareholder proposals, and nominee details.
Chart Builder
Platform: S&P Capital IQ Pro
What’s new: In this release, we added 14 Macroeconomic data points on Charting to help users better understand and visualize business conditions within a country, in addition to 10 trailing and forward index multiples for all pre-calculated indices to conduct valuation analysis.
See the release notes >
Most relevant for: Equity Research curriculum, Valuation challenges, Financial Analysis Coursework
Workflow improvements:
- Plot 14 Macroeconomic data points through Chart Builder.
- Conduct valuation analysis by charting index data for trailing and forward TEV and Pricing multiples for the last twelve months and calendar year through Chart Builder
RatingsDirect®
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced core Structured Finance functionality by integrating Performance data, Servicer Evaluations, and Covered Bonds. We also enhanced US Public Finance search functionality to include revenue sources and integrated S&P Global Ratings terms & conditions with Screener, Excel, and Dashboard. See the release notes>
Most relevant for: Risk Analysis, Risk Modeling
Workflow improvements:
- Access Performance data for Structured Finance deals on the Performance Data widget on the deal page, the top ribbon, and an expanded view in the left-hand menu.
- Access Servicer Evaluations on the Subsector Profile, Corporate Profile, S&P Global Ratings Coverage page, and through Alerts, Dashboard, Screener, and the S&P Capital IQ Pro Plug-in.
- Access Covered Bonds content on the Subsector Profile and through Quarterly Reports.
- Search for US Public Finance (USPF) revenue sources within Typeahead and Advanced Search. A new US Public Finance Revenue Sources search vertical contains all USPF revenue sources and can be filtered by Revenue Source Sector and Geography.
- View securities based on their S&P Ratings Terms & Conditions in Dashboard, Screener, and the S&P Capital IQ Pro Plug-in.
- Access criteria used to determine credit rating for a Global Issuer security or Structured Finance tranche.
ESG
Platform: S&P Capital IQ Pro
What’s new: In this release, we added Nature & Biodiversity Risk data to assess nature exposure using maps visualizations and Greenhouse Gas (GHG) Scope 2 market-based emissions data to provide insights into the company’s carbon footprint based on energy purchases. Also, we have introduced a new Media & Stakeholders Analysis (MSA) under review flag which will help reduce the time required to alert a client of an open MSA case that could have a potential impact on their respective ESG score. See the release notes>
Most relevant for: Socially conscious student managed investment funds, Company evaluation for student job placement, Sustainable Finance degree programs
Workflow improvements:
- Assess nature-related impacts and dependencies resulting from an issuer's direct operations based on a transparent methodology launched in collaboration with UNEP-WCMC. The dataset provides a quantitative approach to measure the impacts and dependencies of assets, companies, and portfolios on nature and to report in line with TNFD recommendations.
- Addition of Under Review flag below the company’s ESG Score if a company’s current ESG Score is being assessed for a controversy.
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Assess impact of financial losses on portfolio holdings due to exposure to climate-related physical hazards across various climate change scenarios and multiple time horizons in Portfolio Analytics.
-
Redesigned folder structure for ESG metrics to provide easy access and improve discoverability.
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Updates made to Sustainable Finance Disclosure Regulations (SFDR) model in the Excel Template Library to further support SFDR reporting requirements.
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Access Greenhouse Gas (GHG) Scope 2 market-based emissions data, which provides deeper insights into the company’s carbon footprint based on their energy purchases.
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Access Greenhouse Gas (GHG) Scope 3 downstream categories providing a higher level of granularity for Scope 3 emissions data and its concentration for a company.
-
Access Environmental data for 3.2 million private companies, increasing the coverage by 1 million.
Portfolio Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we provided a repository of sample portfolios for hypothetical analysis, testing, and benchmarking and also enhanced report publishing options. See the release notes>
Most relevant for: Portfolio Analysis Coursework, Financial Analysis Curriculum
Workflow improvements:
- Access our Sample Portfolio repository to quickly access Portfolio Analytics capabilities in advance of uploading or ingesting proprietary portfolios
- Export enhanced PDF reports, including long names in the primary/identifier column and finer control over the size of other textual data columns
Banking
Platform: S&P Capital IQ Pro
What’s new: In this release we added Credit Union Financial Performance (FPR) Peer Average fields for Credit Unions, Uniform Bank Performance Report (UBPR) for banks, and the latest regulatory fields on the Screener tool. These field additions allow users to measure financial performance, key trends, balance sheet composition for companies and help these institutions prepare for regulatory examinations. All of these metrics are also available on the Peer Comps and the Chart Builder tool. We also added minimum capital and leverage requirements for banks reporting under GAAP or IFRS worldwide. See the release notes>
Most relevant for: Finance Curriculum, Market Research Coursework
Workflow improvements:
- Access Financial Performance Report fields populating Peer Average values for a selected company as per the peer group defined by the Credit Union regulatory agency, the NCUA. These fields are available for Key Ratios (P2) and Historical Ratios (P4) on Screener. Users can also access UBPR fields within the Companies screen in the Screener alongside all other content sets.
- Access the latest Credit Union 5300 Call Report and Bank Call Report updates on Screener.
- Addition of minimum capital and leverage requirements available for banks reporting under GAAP or IFRS which includes Minimum Tier 1 Capital, Total Capital, Leverage, TLAC, and MREL requirements.
- View new Industry Data aggregate pages in the left-hand navigation menus: Economic Data, Banking, and Insurance on US Country/Region profile and Insurance menu on UK Country/Region profile.
Insurance
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced 50+ new fields pertaining to IFRS 17, the largest change in accounting standards for Global Insurers in over 20 years. IFRS 17 requires insurers to present the current, rather than historic, value of their insurance contracts, and recognize profit over the lifetime of the contracts rather than immediately. These new disclosures will help clients better understand the impact of insurance contracts on an insurance company’s profitability. See the release notes>
Most relevant for: Portfolio Analysis Coursework, Financial Analysis Curriculum
Workflow improvements:
- View 54 new fields in Screener that provide detailed impact of IFRS 17 on an insurance company’s income statement, balance sheet and underwriting analysis for our European and Asia Pacific Insurance coverage
Energy
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our Battery Materials Summary page to include Energy Storage and Battery Capacity by country, rounding out our combined Energy and Metals & Mining offering to support Energy Transition market analysis. We also expanded our Global Power Plant coverage in African and Middle Eastern regions alongside additional aggregation levels to the European Generation by Power Plant page, and new fields to the Power Plant Screener for Energy Storage information. See the release notes>
Most relevant for: Energy Analysis, Finance Curriculum, Market Research Coursework
Workflow improvements:
- View the enhanced Battery Materials Summary page which includes our global power plants database, outlining energy storage and battery capacity on a historical, current, and near-term basis. Users can find details on project status, standalone/collocated state, as well as the technology types supported from collocated energy storage and battery sites. The Battery Materials Summary page serves as a central location for energy storage and battery related news, research and industry data drawing from Energy and Metals & Mining products.
- Access expanded Power Plant and Power Plant Unit coverage in Screener, along with Power Project data for several new African and Middle Eastern countries and regions.
- Perform additional analysis within the European Generation by Power Plant page at hourly, daily, monthly, and annual level frequency for the United Kingdom and hourly frequency for Austria and Germany.
- Increased visibility to Energy Storage projects which allows for deeper analysis around energy transition risk. This includes new fields and filter options in Screener related to Energy Storage.
Metals & Mining
Platform: S&P Capital IQ Pro
What’s new: In this release, we introduced a new page named Commodity Market Outlook, which houses proprietary supply, demand, market balance and forecast prices from our S&P Global Commodity Insights analysts. This data enables users to track changes to commodity markets, and the page features links to detailed reports outlining the macroeconomic factors, and the supply and demand fundamentals impacting individual commodities. See the release notes>
Most relevant for: Finance Curriculum, Market Research Coursework
Workflow improvements:
- Review commodity supply, demand, market balance and price forecasts on the Commodity Market Outlook page. We have extracted annual and quarterly data, where applicable, from our monthly Commodity Briefing Service reports to provide a central location for our current outlook and historical as of dates.
Usability Improvements
Platform: S&P Capital IQ Pro
What’s new: In this release, we added audit capabilities for all CIQ Trailing and Forward Multiples data items in Chart Builder. We also enhanced ChartIQ widget functionalities on the Dashboard, integrated IHS Markit loans data and added Industry Estimate data points to Dashboard widgets. In Ownership, we added new filter capabilities on the Investor Screening tool to screen for ESG-focused funds, Activist Investor holders and added new filter for Key Developments in Insider Activity page. Within Screener, we added the feature to export grouped results from Companies Screener to Excel. In Document Viewer we redesigned the search panel to offer an enhanced and revamped search experience. Lastly, we enhanced S&P Capital IQ Pro Plug-In Formula Builder to be more performant and stable with seamless content loading and navigation. See the release notes>
Most relevant for: All Users
Workflow improvements:
- Audit Trading and Forward multiples in the Chart Builder.
- Experience improved handling of non-trading market days on the ChartIQ widget, ensuring the display of more relevant market activity and eliminating inactive periods for a more accurate representation.
- Loan pricing data on Dashboard through List, Quote and Chart widgets using the Fixed Income entity search. Additionally, users can utilize the field selector to pull more loan-specific data points onto the Dashboard for further analysis.
- View 39 new industry-specific estimate metrics across 13 industries for companies around the globe in the Dashboard widgets.
- Identify ESG-focused funds and Activist Investors in the Investor Screening tool with the newly added criteria filters.
- Plot Key Developments on the Insider Activity chart with the new filter added on Insider Activity page.
- Export screen results that are grouped by a parameter from Companies Screener to Excel. The exported Excel file will contain grouped screen results, screening criteria and an aggregates tab summarizing the distribution of entities.
- Seamlessly switch between tabs for Transcripts, Filings, and Investment Research in Document Viewer, and navigate directly to a section from the Key Exhibits page.
- Improved stability and performance of Formula Builder in the S&P Capital IQ Pro plug-in which will generate quicker initial load times, effortless navigation between different data sets, subfolders, and efficient formula exports.
April 2023 Release Highlights:
Enhancement To Trading Multiples
Platform: S&P Capital IQ Pro
What’s new: In this release, we created a new Multiples page within the Corporate Profile. We also added trailing and forward multiples data items and parameters in Screener, the S&P Capital IQ Pro Plug-in, and Chart Builder, including new Diluted basis multiples and Total Enterprise Value (TEV) multiples excluding operating lease adjustments. These additional features allow users to conduct valuation analysis using different versions of trading multiples that meet their personal fundamental preferences and allow them to calibrate to reflect nuances between countries, sectors, and industries. See the release notes>
Most relevant for: Equity Research Coursework, Valuation Challenges, Financial Analysis Curriculum
Workflow improvements:
- Users can access the new Multiples page within the Corporate Profile under the Templated Financials section, including trailing and forward multiples with audit capabilities to view the calculation and navigate to the source document.
- Users can pull TEV and Market Cap multiples on a diluted outstanding or diluted exercisable share basis in addition to the existing trailing and forward multiples in Screener, the S&P Capital IQ Pro Plug-in, and Chart Builder.
- Users can find new trailing and forward TEV multiples excluding operating lease adjustments in addition to the standard TEV multiples. The new TEV multiples excluding operating leases only apply to U.S. GAAP companies. If operating leases do not apply, this field will return the same value as the data item without these adjustments.
- Users can have the option to choose additional period types for trailing multiples data items, including fiscal year and fiscal quarter, in addition to LTM and last fiscal quarter.
- Users can access High, Low, and Average values for trailing and forward multiples in the S&P Capital IQ Pro Plug-in in addition to the Close values.
- Users can now utilize the audit capabilities for all trailing and forward multiples data items on the new Multiples page as well as the Corporate Profile, Key Stats page, Estimate Highlights page, Chart Builder, Screener, and the S&P Capital IQ Pro Plugin.
Dashboard
Platform: S&P Capital IQ Pro
What’s new: In this release, we integrated charting capabilities from ChartIQ on the Dashboard, added Purchasing Managers’ Headline Indices, Country Risk Scores and select Economic data to the List and Quote widgets. See the release notes>
Most relevant for: Stock Pitching Challenges, Equity Research curriculum, Valuation Challenges, Financial Analysis Coursework
Workflow improvements:
- Users can access the new and highly functional ChartIQ widget on the Dashboard. This widget represents a significant upgrade to Dashboard charting, featuring a wealth of new capabilities, most notably the integration of 125 unique technical indicators. It is equipped with a range of out-of-the-box functionalities such as drawing tools, customizable plot colors, a revamped widget toolbar, zoom in-out, and more.
- Users can view Purchasing Managers’ Headline Indices, Country Risk Scores and select Economic data for geographies in the List and Quote widgets of the Dashboard.
Macroeconomic Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we added the Purchasing Managers’ IndexTM (PMITM) Headline Indicators to our economic data series to better understand business conditions within a country. PMI Headline Indicators are available for Composite, Whole Economy, Manufacturing, and Services. We also improved the navigation from the Geographic Intelligence Screener to a Country Profile page. See the release notes>
Most relevant for: Equity Research curriculum, Valuation challenges, Financial Analysis Coursework
Workflow improvements:
- Users can better understand business conditions within a country with the addition of our Purchasing Managers’ IndexTM (PMITM) Headline Indicators. The indicators are available on the new Purchasing Managers’ IndexTM (PMITM) page, on a Country Profile page, and the Geographic Intelligence Screener.
ESG
Platform: S&P Capital IQ Pro
What’s new: In this release, we added the Sustainability Overview Page, which combines the broad ecosystem of proprietary datasets on a single page that are essential for measuring performance and progress on sustainability. See the release notes>
Most relevant for: Socially conscious student managed investment funds, Company evaluation for student job placement, Sustainable Finance degree programs
Workflow improvements:
- Users can now access the Sustainability Dashboard that provides 12 different tiles on the ESG Overview page highlighting a broad ecosystem of proprietary ESG datasets, including corporate sustainability assessments (CSA), environmental, and climate risk measurements.
Portfolio Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced Portfolio Analytics by providing additional transparency on ESG coverage and the company hierarchy used for varying ESG data sets and added four Paris alignment scenario ranges for customer portfolios and benchmarks. We also added the ability to compare exclusionary strategies side-by-side through widget-level exclusions, and see how excluding certain segments, securities or geographies would have changed the portfolio makeup. This allows users to combine historical time-series reports with intraday market data to get an up-to-the-minute view on pricing and exchange rates alongside historical risk, return, and characteristics. See the release notes>
Most relevant for: Portfolio Analysis Coursework, Financial Analysis Curriculum
Workflow improvements:
- Users can see the company hierarchy level used for different ESG data sets as well as the Key Institution ID and GICS® Sector. For ESG scores, clients can see assessment type (survey respondent or public assessment) and score type (raw or includes estimated score).
- Users can export PDF reports in Portfolio Analytics with several aesthetic improvements and usability options to easily create presentation-ready reports, including consistent font sizes across different widgets and improved border and margin alignment appearance. Additional options are available for font sizes within widgets displaying textual information. Users can also select chart legend positions for both bubble and scatter plots, select multiple series on the same line chart, and export with data labels enabled.
- Users can see Portfolio and Benchmark Level of Warming measures included in the Paris Alignment data. These measures indicate whether a portfolio or benchmark is aligned with a particular scenario. There are four possible scenarios that are displayed in Portfolio Analytics: <1.5°C, 1.5 to 2°C, 2 to 3°C, and >3°C.
- Users can analyze the impact of different exclusionary strategies side-by-side through the new widget-level Exclusions option. To test exclusionary strategies relative to the base portfolio, users can choose to exclude cash-specific asset classes.
- Users can add intraday market data to their historical timeseries reports and select Intraday as the end of date range within the table and chart in the Timeframe Override section for the most up-to-date pricing and exchange rates alongside historical performance, risk, and characteristics.
Banking
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our Idea Generation screens by adding Commercial Banking to the segment list and migrated all pre-existing screens for banks and credit unions to this new segment, while also introducing new Liquidity Coverage Ratio screens to provide greater insights and analysis. Additionally, we updated Financial Performance (FPR) fields for Credit Unions allowing users to access newly reported FPR fields by the National Credit Union Administration (NCUA). We also added U.S. Bank Regulatory fields in Chart Builder to help users analyze trends for one or more companies over time. See the release notes>
Most relevant for: Finance Curriculum, Market Research Coursework
Workflow improvements:
- Users can select Idea Generation screens from the newly created Commercial Banking segment. Within this segment we have added new Liquidity Coverage Ratio screens to identify banks that have published liquid asset data both in the U.S. and globally.
- Users can access new FPR fields within the Companies and Regulated Depositories (U.S.) datasets in Screener as well as Peer Comps to reflect FPR reports changes.
- Users can access FPR fields with Peer Average values for a selected company as per the NCUA defined peer group. These fields are available for Key Ratios (P2) and Historical Ratios (P4) on Screener.
- Users can plot Banking Holding Company, Subsidiary level bank and credit union regulatory call report fields in Chart Builder.
Industry Classifications
Platform: S&P Capital IQ Pro
What’s new: In this release, we updated the Industry Classifications across the platform to align with the 2023 revisions announced to Global Industry Classification Standard (GICS). See the release notes>
Most relevant for: All users
Workflow improvements:
- Users can access revised Company’s Industry Classifications for both MI Industry and CIQ/GICS Industry as per the 2023 GICS methodology
Corporate Profile
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced the stock price chart by integrating ChartIQ on the Corporate Profile page for improved data visualization. We also added the Special Purpose Acquisition Company (SPAC) merger date to the corporate profile page of a company, the date when it merged with a SPAC company to become public. See the release notes>
Most relevant for: Stock Pitching Challenges, Equity Research curriculum, Valuation Challenges, Financial Analysis Coursework
Workflow improvements:
- Users can view the enhanced stock price chart for listed companies on the Corporate Profile page. This allows users to better customize the stock price chart using options including various time horizons, chart types, grid view, and zooming options.
- Users can view the Special Purpose Acquisition Company (SPAC) merger date in the corporate profile page, which is effectively the date when the company went public by completing a reverse merger transaction with a SPAC company. This date is the merger's completion date and is also linked to the related Deal Profile page.
January 2023 Release Highlights:
Investment Research
Platform: S&P Capital IQ Pro
What’s new: In this release, Investment Research reports are now available in the Document Viewer, providing users an enhanced intra-document search, document sharing, and annotations. These features will provide users with improved data discovery and interactivity with our library of Investment Research reports. See the release notes>
Most relevant for: Stock Pitching Challenges, Equity Research Coursework, Financial Analysis Curriculum
Workflow improvements:
- Users can now opt to Download or Print from the Report Preview feature from the Acquire Reports menu, the Document Viewer will now automatically launch. The selected research document(s) will still download or print to a user's local machine concurrently.
- Users can easily perform company, keyword, industry and geography searches across investment research, filings, transcripts, and investor presentations content. The results can be viewed in a new Investment Research search results widget on the Document Viewer.
- Users can now perform enhance keyword search functionality enables users to search for keywords or phrases within an Investment Research report in the Document Viewer. This feature provides additional functionality of searching on synonymous keywords or phrases. Clicking on each instance of the keyword or phrase will automatically navigate users to the highlighted keyword or phrase within the document.
- Users can now utilize the Notepad annotation feature allows users to highlight a portion of text within the document, save it to a new or saved notepad, and add commentary associated to the selected excerpt.
ESG
Platform: S&P Capital IQ Pro
What’s new: In this release, we added new fields for revenue related information associated at the Trucost Business Activity level in Screener, S&P Capital IQ Pro Plug-in, and Dashboard that helps users to easily screen for companies and environmental data based on Trucost Business Activity. We also enhanced our ESG Portfolio Analytics capabilities by adding new Scenario and Forecast Decades for Harmonized Physical Risk Scores, enabling full Portfolio Analytics access to S&P Capital IQ Pro users with ESG subscription access, enhancing our ESG Scores criteria level coverage, and updating our Climate/Environmental analytics calculation logic. See the release notes>
Most relevant for: Socially conscious student managed investment funds, Company evaluation for student job placement, Sustainable Finance degree programs
Workflow improvements:
- Users can access new revenue related information associated at the Trucost Business Activity level within the Field Selector in Screener, the S&P Capital IQ Pro Plug-in, and Dashboard.
- Users can find consolidated Physical Risk Metrics to select the scenario level and forecast year in their Portfolio Analytics reports, which also include a new scenario (Medium-High) as well as outputs for an additional five decades of coverage (through the 2090s). The library of metrics has been refined, making the selection process more intuitive. These metrics continue to expand on our ESG offering and provide users deeper granularity into their portfolio’s Physical Risk exposure.
- Users with ESG profile specialization can access Portfolio Analytics tool directly, without having to switch their user profile selection to either Generalist or Cross Sector.
- Users can find updated ESG criteria score and weight metrics in Portfolio Analytics as part of the 2022 CSA Methodology updates.
- Users can analyze their portfolios using the same latest available version of Physical Risk and Paris Alignment data across all their holdings, without any look-back. However, for Carbon Earnings at Risk, when data is not available for a company in the selected year, users would see data using a three-year look-back logic to substitute the most recently available data, as is the case with Environmental data.
Private Markets & Private Company Expansion
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our private markets offering by adding valuation data on Market Maps to provide users with more insights during the deal exploration process and enhanced the Limited Partners view with investment criteria and LP Co-Investor information to assist users in fundraising and manager selection workflows. We added a time series view of aggregated Dry Powder & Assets Under Management (AUM) trends to provide users with insights on deployed and undeployed capital within Private Equity over time. We expanded the coverage of portfolio relationships and added new fund and firm criteria to Screener and the S&P Capital IQ Pro Plug-in for users with Preqin Premium access. We also expanded our private company people data coverage for Eastern European private companies, thereby significantly enhancing coverage for the geography. See the release notes>
Most relevant for: Equity Research curriculum, Valuation challenges, Financial Analysis Coursework
Workflow improvements:
- Users can view additional valuation metrics, such as Total Amount Raised, Latest Post Money Valuation, and Latest Round Size within the Private and Public Companies tabs in the Market Maps page.
- Users can access Limited Partners' Investment Criteria and LP Co-Investor data within the left-hand navigation menu for Limited Partners/Investors.
- Users can access aggregated Private Equity Dry Powder & AUM trends, derived from performance data sourced from Preqin, organized by fund strategy and geographic focus.
- Users with Preqin Premium subscription access can view additional portfolio relationship data (sourced from Preqin) on the PE Investors page, a firm/fund's Corporate Structure, Funds/Partnerships pages, and on the portfolio company's Private Ownership page.
- Users with Premium access will be able to screen for Investment Firms and Funds using new criteria in Screener, such as fund quartile, oversubscribed or undersubscribed fundraising, and management team staff. Users can also benefit from these premium additions within the S&P Capital IQ Pro Plug-in.
- Users can access additional officers and directors' data for small and medium enterprises in Slovenia and Slovakia in Eastern Europe.
Portfolio Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release we enhanced the Portfolio Analytics offering with improved usability, enhanced logic for quantiling and managing custom variables. We also added the ability for users to set Market Data, Estimates, and News/Restated Financial Period alerts on Portfolios that allows users, especially our Investment Management clients, to set security-based alerts and receive important updates on their portfolios. See the release notes>
Note: Access to portfolios requires an additional subscription, please reach out to your account team for details.
Most relevant for: Portfolio Analysis Coursework, Financial Analysis Curriculum
Workflow improvements:
- Users can access an enhanced quantiling logic to account for duplicate values when creating custom quantiles or bins based on user-defined or automated inputs to view different data sets and visualize results in Portfolio Analytics. Duplicate values for integer-like-scores, such as Alpha Factor Library factors or ESG Scores, will be accounted for to ensure all items with the same value will be grouped into the same bin. The enhanced quantiling logic provides a powerful view for users to digest information that is unique to Portfolio Analytics.
- Users can now access enhanced usability and discoverability of custom calculation options used in Portfolio Analytics. A majority of the ESG data sets require users to select an apportion to calculate the underlying information. Users are now specifically prompted as to what exact Custom Formula Option needs to be selected based on the metric chosen to create custom reports when and how they would like. This provides a substantial improvement for Portfolio Analytics users, specifically those who perform ESG analysis.
- Users with portfolios access can set up Market Data, Estimates, and News/Restated Financial Period Alerts on those portfolios.
Banking
Platform: S&P Capital IQ Pro
What’s new: In this release, we added fields from the Credit Union Financial Performance (FPR) for credit unions, Uniform Bank Performance Report (UBPR) for banks, the latest regulatory fields for Bank Holding companies, and expanded coverage of FFIEC schedules on Screener. These field additions for Banks and Credit Unions allow users to measure financial performance, key trends, balance sheet compositions for individual or a group of companies. We also added liquidity coverage ratio (LCR) composition for U.S. and global banks to have a better understanding of the liquidity risk inherent within banks or in the banking sector of the country. See the release notes>
Most relevant for: Finance Curriculum, Market Research Coursework
Workflow improvements:
- Users can access the Credit Union Financial Performance Report (FPR) fields within the Companies and Regulated Depositories (U.S.) datasets in Screener as well as Peer Comps.
- Users can access the most recent Uniform Bank Performance Report fields published by FDIC within the Regulated Depositories (U.S.) dataset in Screener.
- Users can access the latest reported Y-9C fields for bank holding companies within the Companies and Regulated Depositories (U.S.) datasets in Screener.
- Users can access Market Risk Capital Report (FFIEC 102) and RWAs & Operational Risk (Schs B, S) information within the Companies dataset in Screener.
- Users can access liquidity coverage ratio (LCR) composition data in Screener and the S&P Capital IQ Pro Plug-in. This will help users conduct risk assessments as LCR composition data is an essential component of the supervisory approach to managing liquidity risk.
Energy
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our Global Power Plant coverage in Latin America, Caribbean, and APAC regions, providing users with a broader global view of the Power Markets. We also improved the overall usability for the EQR Power Purchase Agreement product offering. See the release notes>
Most relevant for: Industry Analysis Coursework, Market Research projects
Workflow improvements:
- Users can access expanded Power Plant and Power Plant Unit coverage within Screener, along with Power Project data for several new Latin American and Caribbean countries and regions.
- Users can access expanded Power Plant and Power Plant Unit coverage within Screener, along with Power Project data for several new APAC countries and regions.
- Users can access enhanced Power Purchase Agreement (EQR) menu order which provides a more structured layout, from an aggregated view down to granular level transaction data. In addition, all pages feature intuitive hyperlinking that will route a user to a specific entity’s Power Purchase pages
Transactions
Platform: S&P Capital IQ Pro
What’s new: In this release, we added M&A bid premia averages and medians on the transaction statistics page so users can study the average deal premiums paid within a sector, region or a combination of region and sector. We also added new Initial Public Offering (IPO) analytics data points for users to analyze and compare IPO price versus the expected IPO price range and the premium or discount over the expected price. See the release notes>
Most relevant for: Industry Analysis Coursework, Market Research projects
Workflow improvements:
- Users can access M&A bid premia averages and medians on the Transaction Statistics page and compare M&A deal pricing over a period in the sectors they operate in.
- Users can now access 5 new Initial Public Offering (IPO) analytics data points.
- Users can quickly navigate to the IPO profile of a company from an IPO Date displayed on a Corporate Profile.
Search
Platform: S&P Capital IQ Pro
What’s new: In this release, we added Technology, Media and Telecommunications (TMT) content to New Search and enhanced search filters for companies and filings data. These enhancements will allow users to discover TMT and other content quickly and easily within the platform. See the release notes>
Most relevant for: All Academic users
Workflow improvements:
- Users can now search for Technology, Media, and Telecommunications (TMT) content within typeahead in New Search, allowing them to easily access TMT asset data on S&P Capital IQ Pro.
- Users can filter companies based on operating status (e.g. Operating, Out of Business, etc.), allowing them to quickly find the most relevant content.
- Users can search for Deals and Offerings of entities using the Transaction ID in the Advanced Search page.
- Users can add Insurance Statutory Groups to the company filter on Advanced Search page to return results for related filings.
Document Viewer
Platform: S&P Capital IQ Pro
What’s new: In this release, we added the ability to export Sentiment Score data and charts from Document Viewer to Excel, which allows users to view, analyze and customize the data and visualizations in Excel. See the release notes>
Most relevant for: Stock Pitching Challenges, Equity Research Coursework, Financial Analysis Curriculum
Workflow improvements:
- Users can export Transcript Sentiment Scores data and charts directly from the Document Viewer into Excel.
November 2022 Release Highlights:
Enhanced Macroeconomic Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we updated and expanded Country Risk Scores and Macroeconomic data by integrating data from the IHS Markit Economic & Country Risk offering. This enhancement provides more frequent updates, additional categories of risk, and country outlooks, offering desktop users value-added insights to help understand global economies and mitigate risks. See the release notes>
Most relevant for:
- Equity Research curriculum
- Valuation challenges
- Financial Analysis Coursework
Workflow improvements:
- Users can now access the enhanced Country Risk Scores to compare strategic risk for more than 200 countries and territories worldwide. Strategic risk scores offer six categories, including Security, Operational, Political, Economic, Tax, and Legal, with an overall risk score that encompasses the full spectrum of risks for private commercial enterprises operating in the given country or territory. Users can also view Outlook arrows that represent the projected direction of risk trends after a 12-month period for each score as well as the level or translated description of each risk score. To help users understand risk direction, the dates for Country Risk Score updates and the Prior Risk Scores are also available. Users can also view the Country Risk page in Dark Mode.
- Country risk data from the IHS Markit Economic & Country Risk offering is now also available in the Maps application. Additionally, users can navigate from the Country Risk page to the full Maps application via the "Customize Map" button.
- Users can now access improved Macroeconomic data on the Capital IQ Pro platform that covers over 50 macroeconomic indicators for more than 200 countries and territories. Improved visualizations are also available to help distinguish between actual vs. forecasted data. Users can also access this content in Screener and the S&P Capital IQ Pro Plug-in.
ESG Data & Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded the environmental data in S&P Capital IQ Pro by adding physical risk scores data from The Climate Services (TCS), and incorporated new physical risk hazards data in Portfolio Analytics. We also increased coverage of private companies with environmental data to ~2.25 million. Physical Risk Scores coverage includes 20K companies and 870K+ asset locations. See the release notes>
Most relevant for:
- Socially conscious student managed investment funds
- Company evaluation for student job placement
- Sustainable Finance degree programs
Workflow improvements:
- Users can now access the harmonized Physical Risk Scores with the integration of The Climate Service (TCS) data across the platform, including the Physical Risk page, Screener, Portfolio Analytics, and the S&P Capital IQ Pro Plug-in. As part of the integration, users will also see the addition of a new hazard (Drought), a new scenario (Medium-High), outputs for additional years of coverage (from 2020s to 2090s), an update to the Physical Risk universe of companies, and the renaming of existing hazards (i.e. Heatwave and Coldwave are now called “Extreme Heat” and “Extreme Cold”, respectively).
- Users can now access ~2.25 million private companies with Environmental data. This provides insights into the environmental performance for private companies, including Environmental Damage Costs, Air Pollutants, Greenhouse Gas, Land & Water Pollutants, Natural Resource Use, Waste, and Water using S&P Global Trucost’s Environmental Extended Input-Output Model.
- Users can now view the modified structure of formulas within the Field Selector in Screener and to more easily screen for companies and environmental data based on Trucost Business Activity.
- Users can now analyze how various drought scenarios could impact their portfolio holdings across multiple time horizons in Portfolio Analytics. These new metrics expand the already robust physical risk hazards available by showing exposure to drought conditions based on both temperature and precipitation levels. Users can also seamlessly select a forecast year and scenario to be used in their Portfolio Analytics reports that are calculated on-the-fly. These metrics continue to expand the ESG offering provided in the platform and provide clients deeper granularity into their portfolio’s Physical Risk exposure.
Portfolio Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, improvements were made to the Portfolio menu options which gives users immediate access to a set of featured reports directly from the Portfolio menu. We also provided the ability for users to exclude securities by sector, geography or user-defined groupings, from their analysis to see how hypothetical decisions impact their portfolio’s risk and return profile, and added the ability for users to set news and other content alerts on their portfolios. See the release notes>
Note: Access to portfolios requires an additional subscription, please reach out to your account team for details.
Most relevant for:
- Portfolio Analysis Coursework
- Financial Analysis Curriculum
Workflow improvements:
- Users can now access Featured Reports directly from the Portfolio menu in Capital IQ Pro. These reports enable clients to immediately begin analyzing their portfolios using Portfolio Analytics.
- Users can now choose to exclude specific securities, sectors, geographies, and other user-defined groups of securities from their portfolios when running Portfolio Analytics reports on Capital IQ Pro.
- Users who have access to Portfolios will now be able to set News, Documents, Events, and other related types of Alerts on those portfolios. This will allow users, especially our Investment Management clients, to ensure they receive the latest news and information about companies within their portfolios.
Private Markets & Private Company Expansion
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our private company data coverage including people data and as-reported industry codes for Eastern & Western Europe private companies. We have also expanded our private markets offering by adding five new Topic Tags for all users, expanding coverage of portfolio relationships, and adding key fund data metrics like Dry Powder, Assets Under Management and Unrealized Value for users with Preqin Premium access. See the release notes>
Most relevant for:
- Equity Research curriculum
- Valuation challenges
- Financial Analysis Coursework
Workflow improvements:
- Users can now access additional industry classifications for European companies, including NACE & UKSIC classifications. These industry classifications help users view as-reported industry codes (per the local registrars) along with the equivalent standard industry classifications.
- Users can now access additional officers and directors' data for Eastern-European small and medium enterprises, thereby significantly enhancing coverage for Czech Republic, Croatia, and Serbia.
- Users with premium access to Preqin data can now access additional portfolio relationship data, sourced from Preqin, within the Portfolio Companies page, Private Investment Timeline page and the Firm and Fund Profiles page. This enhancement provides an expanded view of the investments made by a fund or firm.
- Users with premium access to Preqin data can now view fund-level Dry powder, Unrealized Value, and Assets Under Management provided by Preqin on the Private Equity Fund profile page, Screener, and the S&P Capital IQ Pro Plug-in. These metrics help users assess the investment progress and performance of the fund and its fund manager.
- Users with premium access to Preqin data can now improve their Investor/Limited Partner screens with new Investor data items, such as Investor Involvement and various investment preferences in Screener and the S&P Capital IQ Pro Plug-in. Users can also improve their Private Equity fund screens with new Fundraising criteria.
- Users can now access Limited Partners (LP)’s direct investments and co-investors on S&P Capital IQ Pro. Direct investments (Portfolio Companies) and Co-Investors information on Investors/Limited Partners profiles will assist users in the deal exploration, fundraising, and manager selection workflows.
- Users can now access five new Topic Tags (Sports Franchises, Leagues & Clubs; Employee Benefits; Insurtech; CleanTech; and Video Games) on Market Maps, Screener, and the Corporate Profile page, providing them with the capability to identify private and public companies within these niche markets.
Banking Data
Platform: S&P Capital IQ Pro
What’s new: With this release, we are excited to announce the addition of the new Standard Adjustable-Rate Mortgage Products along with the Secured Overnight Financing Rate (SOFR) and Federal Home Loan Bank (FHLB) Index Rates into the Capital IQ Pro platform, providing a best-in-class solution in monitoring U.S. Depository Rates during a rising rate environment. See the release notes>
Most relevant for:
- Finance Curriclulum
- Market Research Cousework
Workflow improvements:
- Users now have access to 4 New Standard Mortgage Products, including 3/6 ARM Conforming, 5/6 ARM Conforming, 7/6 ARM Conforming, and 10/6 ARM Conforming
- Users will now have access to the SOFR and FHLB index rates on the Money Rates page and Money Rates Widget.
Ownership
Platform: S&P Capital IQ Pro
What’s new: In this release, we made improvements to Investor Targeting by expanding the ability to run ownership aggregates for up to 25 entities alongside an Index or ETF. We also enhanced the Institutions/Fund view on the Ownership Detailed page to see true roll-ups of the funds and firm relationships and their ownership in a company, as well as the ability to filter holders located in a specific geography. See the release notes>
Most relevant for:
- Equity Research curriculum
- Valuation challenges
- Financial Analysis Coursework
Workflow improvements:
- Users can now add up to a maximum of 25 entities in Investor Targeting, alongside an Index or ETF. This allows for a side by side comparison of aggregate ownership for more companies than previously supported. This helps users to easily identify investors who are underweight or overweight in certain companies versus an Index or ETF.
- Users can now utilize the Institutional & Funds view on the Ownership Detailed page to see a single view of the funds that roll up to its Institutional Holders and their ownership in a company. Users can also print and export the Institutional & Funds view to Excel, Word, and PDF.
- Users can now filter on a holder’s geography on the Ownership Detailed page of a company. Filters can be applied for holders of a specific geographic region to help identify the right group of investors for a company or for comparing holders of different companies within the same region.
Fixed Income
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced the Corporate Issuance pages by adding more options to easily view the debt capital securities across various pages along with a separate view of perpetual debt on the Debt Maturity profile page. The enhancements offer improved access to fixed income content with enhanced visualizations to help streamline a user’s workflow. See the release notes>
Most relevant for:
- Finance Curriclulum
- Market Research Cousework
Workflow improvements:
- Users can now view all the Debt Securities regardless of their Seniority level under the All tab in the Debt Capital Structure grid on Securities Summary page. The All tab offers quick and easy access to all debt associated to a company.
- Users can now pull perpetual securities on the Debt Maturity Profile page. These securities are displayed as a stand-alone bar in the Debt Maturity chart and can also be viewed in the Upcoming Maturity grid below the chart. Adding the perpetual debt to the debt profile chart helps users to view the entire debt capital structure of the entity.
Transactions
Platform: S&P Capital IQ Pro
What’s new: In this release, we have added the ability to customize the view of a company's transaction activity in the Details tab on the Transactions Summary page. See the release notes>
Most relevant for:
- Industry Analysis Coursework
- Market Research projects
Workflow improvements:
- Users can now select between viewing a company’s transactions in a single list or grouped together by Transaction Type (i.e. M&A, Equity Capital Markets, Debt Capital Markets, etc.), giving them the flexibility to customize their view of a company’s transactions.
Usability Improvements and Additional Data
Platform: S&P Capital IQ Pro
What’s new: In this release we improved our Index Pages to include Key Financials and Valuation Multiples for any index, along with the ability to see Sector and Geography pie charts. We also enhanced our Sentiment Scores on Document Viewer with a new industry average data item and the ability to toggle between line and bar chart views. We also made improvements in our Screener tool when screening on Business Description and Long Business Description fields, with a new text search algorithm. Lastly, we added new functionality on the Document Viewer related to search and document downloads. See the release notes>
Most relevant for:
Workflow improvements:
- Users can now access pre-defined Index aggregate data for Key Financials and Valuation Multiples for any index, and add Sector and Geography pie charts to the Index Profile page.
- Users can now access four years of sentiment analysis data in the document viewer and view this data via a line or bar chart, and see a new data item for Industry Average of sentiment scores.
- Users can now return more relevant companies and transactions in the Screener when screening on the Business Description and Long Business Description fields. The new text search algorithm leverages both stemming (e.g. the keyword “vaccine” returns descriptions with words such as “vaccines,” “vaccination,” “vaccine,” etc.) and proximity searching (e.g. the keyword “digital payments” returns descriptions where “digital” and “payment” appear within 10 words of each other).
- Users can now use Boolean search to combine keywords with modifying words like "AND," "OR," and "NOT" to produce more relevant and granular results. Users can also select a maximum of 25 documents and download them simultaneously.
July 2022 Release Highlights::
ESG Data & Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we added Estimated ESG Scores and Carbon Earnings at Risk to Portfolio Analytics, allowing users to evaluate their portfolio’s exposure to future carbon price risks. See the release notes>
Most relevant for:
- Socially conscious student managed investment funds
- Company evaluation for student job placement
- Sustainable Finance degree programs
Workflow improvements:
- Assess the potential earnings at risk from carbon pricing on a portfolio level with the Carbon Earnings at Risk report.
- Allows users to gain a more comprehensive understanding of potential vulnerabilities as it relates to future carbon prices, which is based off Unpriced Carbon Costs and Earnings at Risk metrics
- Incorporate Estimated ESG Scores into reports in Portfolio Analytics for publicly assessed companies
- These scores combine ESG Scores derived from company disclosures with S&P Global’s proprietary estimation methodology for improved peer comparability in portfolio analysis
Portfolio Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we enabled users to import their portfolios by static weight, run composite Portfolio Analytics reports using Since Inception logic, display client provided symbols in their portfolio holdings and transaction page, and turn on Dark Mode. See the release notes>
Most relevant for:
- Portfolio Analysis Coursework
- Financial Analysis Curriculum
Workflow improvements:
- Seamlessly load and maintain their static weight portfolios via Portfolio Direct (importing portfolio holdings via SFTP)
- Specify an inception date for composites, which will act as a start date for the composites and can be retroactively applied to existing composites. This optional field will flow from the composite and can be utilized when the “Since Inception” timeframe is selected in any Portfolio Analytics reports or for scheduled reports
- View the primary symbol that was provided when a portfolio holding was created on Portfolio Direct, and quickly map it to either a CUSIP, SEDOL, ISIN, ticker, IQT or proprietary identifier
- Users with Dark Mode enabled in their Capital IQ Pro settings will now see Dark Mode enabled in Portfolio Analytics
Private Company Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our private company data coverage, including people data, financials, revenues, business descriptions, and more for North America, Eastern Europe, and Western Europe. See the release notes>
Most relevant for:
- Equity Research curriculum
- Valuation challenges
- Financial Analysis Coursework
Workflow improvements:
- Access estimated revenue for ~150k private companies and ~1.5 million officers and directors’ profiles for North American (U.S. and Canada) private companies
- Access expanded data coverage for Eastern European private companies, including financials for ~50K small and medium enterprises that report revenues above 1 million EUR, as well as ~350K officers and directors' profiles
- Access expanded data coverage of western European private companies, including the business description for 30+ million companies, employee count for 20+ million companies, and the as-reported industry codes and registered industry classification for ~6.5 million companies
Private Markets
Platform: S&P Capital IQ Pro
What’s new: In this release, we enabled users to more easily analyze private markets holistically through updates to Market Maps and Private Market Trends and expanded benchmark and relationship data in Screener and the Excel plug-in. See the release notes>
Most relevant for:
- Equity Valuation Coursework
- Industry Analysis
Workflow improvements:
- View Topic Tag definitions and methodology directly on the Market Maps pages to better understand the data behind the tag. The definitions for all 266 topic tags are available through the Methodology toolbar button. Additionally, magnitudes for all financial figures have been aligned to Millions on the page
- Pull Preqin’s historical Public Market Equivalents (PME) into Screener and the Excel Plug-in
- Screen for Private Equity funds/firms using new metrics like Geographies of Interest, Fund Domicile, and Latest Fund Performance Date within Screener and the Excel Plug-in (only available to users with Preqin Premium access)
- Use the Formula Builder within the Excel Plug-in to identify relationships between Investors and Funds, between Fund Spondors and Funds, and between Funds/GPs and Portfolio Companies/Assets
- Use the Excel Plug-in to retrieve additional data on these relationships (i.e. relationship status, size of capital commitments from Investors to Funds, etc.)
- On the Private Capital Benchmarks page, users with Preqin Premium access can now view an expanded list of Private Equity Benchmarks fund constituents and their corresponding fund performance data on the Constituent tab, as reported by Preqin
Fixed Income
Platform: S&P Capital IQ Pro
What’s new: : In this release, we expanded our terms & conditions coverage for Corporate and Municipal securities, improved the Rates & Yields page, and added S&P Program Ratings. See the release notes>
Most relevant for:
- Finance Curriclulum
- Market Research Cousework
Workflow improvements:
- Access additional terms & conditions fields related to Advisors, Default & Bankruptcy Details, Reg D indicator and Credit Enhancers for Fixed Income Corporate securities and US Municipals in Screener and in the Office plug-in
- Easily search for rates and tailor page views based on a rate list or streamlined filter preferences
- New My Rates section allows users to chart or view their custom rates lists
- Filter improvements including a new search offers quicker navigation to a rate with an ability to select one or more rates to chart
- View Program ratings including Commercial Paper, Senior Secured or Unsecured assigned by S&P Global Ratings on the Company Credit Ratings page
Transactions
Platform: S&P Capital IQ Pro
What’s new: In this release, we enabled users to quickly answer common transaction questions using enhanced visualizations. See the release notes>
Most relevant for:
- Industry Analysis Coursework
- Market Research projects
Workflow improvements:
- Assess transaction volumes, top transactions by value and top advisers for a company through new visualizations on the page.
Panjiva Supply Chain Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we added new measurement units for macroeconomic trade and enabled the ability to screen and build models for companies that have certain geographic exposures in their supply chain. See the release notes>
Most relevant for:
- Supply Chain Analysis
- Global Trade Curriculum
- Macroeconomics courses
Workflow improvements:
- Users of Macro Trade data on Panjiva and Capital IQ Pro can now view and analyze macroeconomic trade flows in measurement units relevant to the good, e.g. barrels of petrochemicals, pairs of shoes, etc.
- Screen for companies that import and export goods from various countries around the globe and leverage common trade metrics to understand shipping activity
File Downloads and Saved Reports
Platform: S&P Capital IQ Pro
What’s new: In this release, we enabled users to download events and transcripts in bulk. See the release notes>
Most relevant for:
Workflow improvements:
- Use the ‘Add to Calendar’ button to download up to 100 calendar invites in a single ICS file
- Download up to 25 transcripts at once
May 2022 Release Highlights:
ESG Data & Analytics
Platform: S&P Capital IQ Pro
What’s new: In this release, we added Paris Alignment reporting to Portfolio Analysis, composite management and index selection improvements. We also added new Private Prisons and Predatory Lending Business Involvement screens, expanded Sustainable Financial Regulation Disclosures coverage, and Carbon Earnings at Risk in Dashboards. Additionally, we introduced ESG scores with estimated inputs for publicly assessed companies. See the release notes>
Most relevant for:
- Socially conscious student managed investment funds
- Company evaluation for student job placement
- Sustainable Finance degree programs
Workflow improvements:
- View scores with estimated inputs for publicly assessed companies on ESG company pages
- Analyze a portfolio's alignment to 2°C , or well below 2°C, scenarios using SDA and GEVA alignment methodologies for reduced emissions in line with carbon budget scenarios
- Access Composite Management from the ESG menu in the top navigation bar to easily create and maintain composites
- More transparency into whether or not users are entitled to run a report with an index as a portfolio or benchmark
- Analyze public debt instruments of private companies, if the immediate parent or ultimate parent is a public company and is covered
- View an enhanced Sustainable Finance Disclosure Regulations (SFDR) template in real-time, with expanded coverage, and aggregations of the portfolio
- Access two new screens, Private Prisons and Predatory Lending, on the Business Involvement Screens page on a company profile page
- Access the new screens, Private Prisons and Predatory Lending, in Screener and the Excel Plug-in under Business Involvement Screens
- Access Carbon Earnings at Risk on the Dashboard
- View key ESG filings for companies, including TCFD, Sustainability and Corporate Governance Reports, directly within the Documents & Transcripts widget on the Corporate Profile page (also viewable in the Document Viewer)
Private Company Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we added estimated revenues, firmographics, financials, and consolidated financials for various private companies. Furthermore, we released a sentiment signal page for private companies, and we added click through to national Registry for private company profiles. Lastly, we increased business description coverage by publishing a natural language algorithm-generated business description for integrated SME companies. See the release notes>
Most relevant for:
- Equity Research curriculum
- Valuation challenges
- Financial Analysis Coursework
Workflow improvements:
- Access Estimated Revenue for US & Canadian private companies
- Access vendor sourced firmographics and financials for Eastern-European small and medium enterprises that report revenues above €1 million
- Access consolidated financials for small and medium enterprises in France & Sweden
- View business descriptions for all Western European private companies on the Corporate Profile page
- Access the Private Company Sentiment Signal page for private companies
- Access the profile page of an entity on the local registry by clicking on the Registry ID for the company
Private Markets
Platform: S&P Capital IQ Pro
What’s new: In this release, we added a new Private Equity/Venture Capital fundraising trends page, and we released more fund and firm criteria within Screener and the Excel plugin. We also created new Topic Tags for the healthcare space and we added new LinkedIn links for professionals on company profiles. See the release notes>
Most relevant for:
- Equity Valuation Coursework
- Industry Analysis
Workflow improvements:
- View fundraising trends for Private Equity/Venture Capital funds over time on a new chart page, with fundraising data supplemented by Preqin.
- Slice and dice the chart and data by fund strategy, region focus, vintage year, and/or fund sponsor location
- Screen for Private Equity/Venture Capital funds and firms using 15 additional criteria on Screener and Excel, such as historical and latest firm AUM, women or minority owned firm, historical fund cashflow, and more (only users with premium access to Preqin can see these enhancements)
- Access the new Market Maps page with 266+ topic tags, covering 650K+ private and public companies and can see aggregated last-twelve-month trading multiples
- Explore 34 new Therapeutic tags on the Market Maps page, Screener, and company profiles
- Access LinkedIn professionals through a View LinkedIn Professionals link under the Officers & Directors widget on the Corporate Profile page and the People Summary page
Transcript Sentiment Scores
Platform: S&P Capital IQ Pro
What’s new: In this release, we added sentiment and behavioral-based scores for earnings calls using natural language processing. See the release notes>
Most relevant for:
- Stock Pitching Challenges
- Equity Research Coursework
- Financial Analysis Curriculum
Workflow improvements:
- View Net Positivity, Language Complexity, and Numeric Transparency metrics for earnings call transcripts in the Document Viewer, and can compare the scores against previous quarters' scores and an average
- View sentiment and behavioral-based scores of current and historical earnings call transcripts at the total transcript, speaker, and component levels within Screener, Dashboard, and the Excel plugin
Fixed Income
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Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced our Terms and Conditions data for corporate fixed income and US municipal securities. We also reintroduced key fields in the Screener and Office plugin, and updated fixed income pricing data in the Chart Builder and several widgets on the Dashboard. Additionally, we added Realized AONIA and TOM/Next rates to our existing coverage. Lastly, we updated the existing Issue Ratings folder structure. See the release notes>
Most relevant for:
- Finance Curriclulum
- Market Research Cousework
Workflow improvements:
- Access additional Terms & Conditions data for Fixed Income corporate and municipal securities, including advisors, default details, bankruptcy details, security notes, sinking fund schedules, credit enhancers, and more
- Access conversion type and conversion requirement type in Screener and the Excel plugin, along with issue level S&P Ratings for municipal securities
- Access the new LIBOR repalcement rates, Realized AONIA and TOM/Next, in Search and on the Rates & Yields and Market Charts pages
- View agency-specific folders for S&P Global Ratings, Moody’s, and Fitch Issue Ratings in Securities Summary perspective in Screener and Excel plugin
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Transactions Capabilities
Platform: S&P Capital IQ Pro
What’s new: In this release, we updated the transaction types tabs on the Transaction Statistics page and Dashboard. Additionally, we released the ability to download multiple documents tagged to a Deal or Offering at once, along with the ability on Screener to use deal conditions and deal response fields. See the release notes>
Most relevant for:
- Industry Analysis Coursework
- Market Research projects
Workflow improvements:
- Easily navigate between transaction types such as M&A, Equity Capital Markets, Rounds of Funding, etc. through newly created tabs
- Plot additional averages on the chart such as average transaction value, average IPO aftermarket performance, etc.
- Leverage the new tabs on the Dashboard as separate widgets to analyze market activity for multiple transaction types in one view
- Download multiple documents at once for M&A and Offering transactions
- Filter and view deal conditions and deals responses for M&A deals in Screener
Panjiva Supply Chain Data
Platform: S&P Capital IQ Pro
What’s new: In this release, we expanded our Vietnam data and launched two new data visualizations in our Macro Trade Data tool. See the release notes>
Most relevant for:
- Supply Chain Analysis
- Global Trade Curriculum
- Macroeconomics courses
Workflow improvements:
- Access two new visualizations for macro-level global trade data, including a Flow Map and a Sankey chart
- Access two additional years of global trade history, 2018-2019, from Vietnam, and view the Goods Described field translated into English from the original Vietnamese
Screen Reader Accessibility
Platform: S&P Capital IQ Pro
What’s new: In this release, we enhanced platform accessibility through compatibility with Screen Readers. See the release notes>
Most relevant for:
Workflow improvements:
- Use Screen Readers to accurately read out header icons, including Saved Items, User Profile, and Help, plus the three-dot action menu to users
