Identify True Geographical Revenue Exposure for Securities and Portfolios
FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of financial information and analytical applications to the global investment community, today announced the release of the FactSet Geographic Revenue Exposure (GeoRevs) data within the FactSet Portfolio Analytics product to give investors a better way to uncover risk and fine-tune exposures.
Investment managers increasingly recognize that a firm's country of domicile can too often be an inaccurate reflection of geographic exposure. The addition of GeoRevs in FactSet Portfolio Analytics highlights where the companies in their portfolios derive revenue, both on an absolute basis and relative to a benchmark.
"Today, most firms conduct their business beyond their domestic borders, and yet conventional analytics continue to confine the geographic exposure of a company to a single country," said Doug Spelman, Senior Vice President, Director of Specialty Sales, FactSet. "The combination of GeoRevs data and Portfolio Analytics gives users a more insightful approach to accurately measure and report on geographic risk exposure."
With FactSet GeoRevs in Portfolio Analytics, active managers can construct developed market portfolios to gain exposure to emerging markets. Risk managers are able to quickly identify and avoid companies whose revenues are too dependent upon countries exposed to geopolitical risks, a natural disaster, or a health epidemic.
The GeoRevs data set covers 18,000 global securities with history to 2003 for U.S. firms and 2006 for international companies. The data set provides an information advantage to investors interested in measuring the multi-dimensional nature of geographic exposure risk for a company, portfolio or benchmark.
FactSet's Geographic Revenue Exposure data was acquired in September 2013 from Revere Data, LLC, along with Revere's robust database of supply-chain relationships and their dynamic industry taxonomy. All of these content sets are now available within the FactSet workstation and as a data feed.