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Huddlestock Fintech is delighted to announce an agreement with Morningstar, to
provide both market and fundamental equity data through Huddlestock’s
white-label SaaS trading infrastructure, Huddlestock Trader. Clients offering
trading apps and brokerage services to retail clients with Huddlestock Trader
will be able to offer market data for global exchanges and fundamental equity
data to their end clients.
“Morningstar’s market data and fundamental equity data solutions will be
delivered straight to the end client via our white-label trader solution.
Huddlestock is taking a step further in empowering our clients to deliver a
superior customer experience journey, increasing share of wallet, customer
loyalty and retention for our clients,” said John E. Skajem, Group CEO,
Huddlestock Fintech AS.
“Morningstar’s product suite is expansive, and we are delighted Huddlestock has
chosen to work with us. Their clients need high quality, secure and reliable
market and fundamental equity data, enabling their teams and clients to open up
financial markets to all,” added Tim Kent, Sales Director, Morningstar Global
Market Data Solutions.
The Morningstar content, available through Huddlestock, is delivered through API
hooks directly pre-integrated into Huddlestock Trader. The ready-made
white-label trading solution will initially include data from Oslo Stock
Exchange, Nasdaq OMX, (Deutsche Börse’s) Xetra Exchange, Baltic Exchanges, CBOE
Europe and CBOE US, capturing the most traded stocks across European and US
exchanges. At a later stage, the services can be rolled out to other exchanges
and markets.
Morningstar’s fundamental equity data will be delivered alongside its market
data, opening the door to Morningstar’s proprietary historical equity
fundamental database. Retail End Users can access a range of fundamental data
such as company profiles, including company financial statements, earnings
reports and key ratios, measuring profitability, growth, cash flows, financial
health, efficiency, and valuation, providing extensive insights into a company’s
business.
About Morningstar: Morningstar, Inc. is a leading provider of independent
investment research in North America, Europe, Australia, and Asia. The Company
offers an extensive line of products and services for individual investors,
financial advisors, asset managers and owners, retirement plan providers and
sponsors, and institutional investors in the debt and private capital markets.
Morningstar provides data and research insights on a wide range of investment
offerings, including managed investment products, publicly listed companies,
private capital markets, debt securities, and real-time global market data.
Morningstar also offers investment management services through its investment
advisory subsidiaries, with approximately $253 billion in assets under
advisement and management as of June 30, 2022. The Company has operations in 29
countries.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
ABOUT HUDDLESTOCK FINTECH AS
Huddlestock Fintech is an innovative technology software provider with a leading
expert professional services business. We deliver innovative and sustainable
technology solutions to the capital markets, treasury and wealth management
industries.
Through its technology offering, Huddlestock offers an innovative, compliant,
and data-centric WealthTech SaaS, accelerating the digital transformation, and
trends of hyper-personalization and on-demand banking within the wealth
management industry. Huddlestock’s SaaS empowers the embedding of low-cost,
efficient white-label trading and investment services, underpinning
Huddlestock’s mission of delivering financial inclusion by democratizing access
to capital markets.
Through its world-class expert professional services business, Huddlestock
delivers strategic technology solutions and process automation for the financial
services industry. This range of services has propelled Huddlestock into
becoming the preferred supplier of financial consultancy services and technology
solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext
Growth Market 26th November 2020, as Norway’s first fintech company to be
publicly traded.
For more information, please visit www.huddlestock.com -
http://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/1802/2439/Download%20announcement
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