MUNICIPAL DISCLOSURE DOCUMENT PORTAL
July 19, 2001 - Murray Hill, NJ - Capital Access International LLC, a leading provider of market intelligence to the institutional broker/dealer community and DPC DATA™, a provider of data services for the municipal bond market, have joined forces on an Internet initiative that provides one-click subscriber access to essential resources from both companies.
As a result of the alliance, users of Capital Access International’s eMAXXsm, a browser-based market intelligence program, can now access municipal bond Official Statements, CAFRs, and material event notices through DPC DATA’s MuniDOCS ONLINE, a municipal disclosure document portal. In the near future, DPC DATA clients will also be able to access eMAXX through a link on dpcdata.com, the firm’s Internet-based disclosure document outlet.
According to Peter J. Schmitt, President of DPC DATA, and David D. Farrington, Chairman of Capital Access, the relationship is good news.
"Thanks to this collaboration, eMAXX users now have one-click access to detailed information on any of the 300,000 plus issues available through DPC DATA’s MuniDOCS ONLINE," said Schmitt.
"Phase two will provide www.dpcdata.com customers with one-click access to relevant bondholdings information available through the Capital Access eMAXX service," he added.
According to Farrington, the joint venture is consistent with industry trends.
"In our opinion, the epicenter of securities e-commerce is shifting from data aggregation to application aggregation," he said.
"By merging DPC DATA’s comprehensive online document collection with the already extensive eMAXX resources, we are providing traders, investment bankers, credit analysts, portfolio managers, bond issuers, and bond counsel with an extraordinary wealth of information."
About DPC DATA: Based in Fort Lee, New Jersey, DPC DATA is a 9-year old firm that provides data products and services to over 450 financial institutions including many of the nation’s largest, and is a strategic partner of Standard & Poor’s.
In addition to marketing a portfolio of trademarked financial data products, DPC DATA offers custom services in the areas of document conversion, data extraction, full-text indexing, software development, and Web technology. And DPC DATA is an SEC-designated Nationally Recognized Municipal Securities Information Repository (NRMSIR). Additional information is available at www.dpcdata.com.
About Capital Access International: Capital Access, a leading provider of market intelligence on the global institutional securities markets, was founded in 1989 to support the information needs of broker/dealers, underwriters and debt issuers worldwide.
The company’s renowned, proprietary FINCOMÃ¤ database of investor profiles, bondholdings and transaction data is used by more participants in the fixed-income market than any service of its kind. The company's popular Internet service, eMAXX, is used by more than 2,500 participants in the fixed-income securities markets including issuers, rating agencies, credit insurers and consultants along with institutional sales people, traders, investment bankers and marketers to manage sales and trading opportunities, and to retrieve information on bonds and bond buying firms around the world.
The firm also produces reports and surveys on trends in the fixed-income marketplace. Capital Access International is headquartered in Murray Hill, New Jersey and maintains a research and sales office in London.