SAN FRANCISCO, CA--(Marketwire - Feb 4, 2013) - Revere Data, LLC, a leading provider of global sector classification and supply chain data, announced today the release of Revere Segment Revenue™, the company's latest addition to its suite of sector classification products. Revere Segment Revenue is a specialty dataset that comprehensively lists a company's reported business segment revenues and classifies the segment revenues by industry based on the Revere Hierarchy™. The database is normalized, providing investors the relative weights of a company's revenue attributed to their multiple business segments and offering an accurate measure of the market share of diversified companies in the specialty sectors where they compete.
Revere captures segment revenue data in unprecedented levels of detail. By grouping the data using the product and service categories that the Revere Hierarchy offers, Revere Segment Revenue gives market practitioners and business intelligence analysts a unique source for discovering valuation anomalies, analyzing market share, and understanding revenue exposures across hundreds of industry verticals.
Asset managers now have an easier way to test strategies about information anomalies in the marketplace. They will also be able to more efficiently decompose industry effects on a company to a series of relevant industries that are revealed through the Revere Segment Revenue dataset. Risk managers now have a dataset that quantifies attribution of a company's risk exposure to industry effects. Revere Segment Revenue data will also help identify the multiple industry, sub-industry, sector and sub-sector components that could influence a company's performance. Business intelligence professionals will be able to quickly assess the market concentration of hundreds of industry verticals as the dataset gives unprecedented visibility into how a company's revenues are distributed across all lines of business.
"Identifying which products and services are driving a company's revenue is critical to understanding the relative strengths or weaknesses of a company as compared to its peers," said Revere CEO Kevin E. O'Brien. "To date that process has been complicated, time-consuming and largely subjective. Revere Segment Revenue now provides an elegant, simple yet powerful source of research intelligence to make better investment and business decisions."
Revere Segment Revenue currently covers constituents of the S&P 500 and the Russell 3000 universes. The dataset comes with three years of history. The product is now available either bundled with the Revere Hierarchy or as a standalone datafeed.
Revere Data, LLC, is the leading provider of industry classification and supply chain specialty data, analytics, and index solutions for the global financial services industry. The Revere Hierarchy™, Revere Supply Chain Relationships™, RISC Focus™ and Revere GeoRev™ deliver a precise and meaningful view of the market for thousands of publicly traded companies in the U.S. and around the world. Revere's data is invaluable for traditional to alternative asset managers seeking alpha generation opportunities and better risk management capabilities. Index owners and fund sponsors use Revere to create innovative investment products for customers ranging from institutions to retail investors. Revere Data is headquartered in San Francisco with offices in New York and Youngstown, Ohio.