NEW YORK and LONDON, May 10, 2005 (PRIMEZONE) -- Fininfo, a leading provider of financial information in Europe, has signed an agreement to distribute the Industry Classification Benchmark (ICB) database on its FinWin and Finalim products. The agreement means that Fininfo will distribute ICB information across a range of financial institutions throughout Europe.
ICB was launched in January 2005 by Dow Jones Indexes and FTSE Group, and is quickly establishing itself as a global classification standard.
ICB data will be available to financial market Front-Office operators such as managers, traders, corporate treasurers and analysts via the FinWin terminal. Back-Office specialists will also be able to access ICB data through the Finalim datafeed request system.
Arnould Moyne, marketing director of Fininfo says "ICB is a truly global standard of classification covering a broad range of securities across the world. We chose ICB as it provides the flexibility and coverage our clients require."
James Cemprola, managing director of ICB says "ICB offers comprehensive global coverage and an innovative classification structure that appeals to clients across the investment community. We are delighted that Fininfo has signed on as a key distributor to financial firms throughout Europe."
More information about the Industry Classification Benchmark is available at www.icbenchmark.com.
Journalists wanting more information should contact:
Fininfo Arnould Moyne Tel +33 1 47 29 47 365 e-mail amoyne@fininfo.fr Dow Jones Indexes New York: Sybille A. Reitz +1-212-597-5735; Frankfurt: Simona Deckers +49-69-97142894 Nicole Wesch +49-69-97142893 pr-indexes@dowjones.com FTSE Group Lynne Sims FTSE Americas Tel +1 212 641 6168 e-mail lynne.sims@ftse.com Nicky Gardner/Jo Mayall FTSE Group Tel +44 20 7448 1821 e-mail media@ftse.com
Notes to Editors:
About Fininfo
Fininfo (www.fininfo.fr) is an international supplier of financial information services for financial institutions and companies. Fininfo has 900 staff. With 2004 turnover of 136.3 million Euros and 2004 net income of 17.7 million Euros (before consolidated goodwill), Fininfo covers three main areas: financial information, data distribution and commercial information.
About Dow Jones Indexes
Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans 50, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans, the Dow Jones Country Titans Indexes and is co-owner of the Pan-European Dow Jones STOXX Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE:DJ) (dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires, MarketWatch and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC Universal of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
About FTSE Group
FTSE Group is a world-leader in the creation and management of indices. With offices in London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index series, which includes world-recognised indices ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indices such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ and Taiwan exchanges, as well as Nomura Securities, Hang Seng and Xinhua Finance of China.
FTSE indices are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indices to ensure that they are made objectively and without bias. Real-time FTSE indices are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.
The Dow Jones Indexes logo can be found at http://www.primezone.com/newsroom/prs/?pkgid=1289
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