Infront announced today that it is collaborating with five major Nordic research providers to establish a new “Nordic Core Consensus” for the five research providers. The consensus estimates, provided by Infront, will combine financial data from the five top-ranked investment banks including ABG Sundal Collier, SEB, Nordea, Danske Bank and Carnegie.
The Nordic Core Consensus brings together the five banks’ analytical expertise and unique knowledge of Nordic listed companies, which Infront collates and analyses to provide sharp, relevant consensus estimates.
“With the banks’ data, we can provide our IR customers with the market’s best consensus estimates on Nordic listed companies. This secures our IR customers’ access to the market leading consensus estimates which they have come to trust from Infront,” commented Daniel Wrigfeldt, CEO of Infront’s data division.
“This unique collaboration between these five major Nordic investment banks and Infront works to give our IR customers the best possible information available. As a part of the agreement, Infront will also distribute the research reports and estimates through the Infront Professional Terminal to joint customers, making it easily accessible for them,” added Kristian Nesbak, CEO Infront.
“We are pleased to be part of this innovative partnership. It enables us to ensure that our data is included in high-quality consensus estimates provided to our customers, while at the same time securing our intellectual property rights,” the five research providers say in a joint statement.
Infront provides a unique combination of global market data, news, analytics and trading tools. As separate offers or as an integral part of the Infront Professional Terminal, Infront’s services help buy-side and sell-side institutions grow their businesses, reduce costs, adapt to fast changing market requirements and work more effectively with ever-increasing amounts of information. Over 20,000 subscribers worldwide rely on Infront’s services. Infront is listed on the Oslo Stock Exchange and has offices in seven countries.
For more information, please contact:
Daniel Wrigfeldt, CEO Infront Data division
Max Hofer, CFO and Head of IR