Edinburgh Partners selects SAS® Enterprise MinerTM to support analysis of global equity markets
MARLOW, UK (Apr. 08, 2010) – Edinburgh Partners, an independent investment management company, has chosen SAS, the leader in business analytics software and services, to enhance the research efforts of its specialist Applied Research Team. Using SAS® Enterprise Miner, Edinburgh Partners will be able to build powerful predictive models and screening tools that will enhance their understanding of global equity markets.
SAS will provide Edinburgh Partners with a solution to analyse the complex interrelationships that exist within equity markets. Utilising a vast dataset containing more than 40 years worth of financial data from across more than 50 countries, Edinburgh Partners will use cutting-edge data mining techniques to analyse the historic stock price performance of companies according to fundamental valuations and economic characteristics.
Dr Sandy Nairn, Chief Executive and Investment Partner at Edinburgh Partners, says: “Edinburgh Partners is unique in the financial industry, in that whilst many focus on speed and shorter-term strategies, we focus on detailed fundamental research and analysis with a long term view. Using SAS as an innovative research tool will enable us to better understand the markets in which we invest.”
Edinburgh Partners considered several options, including in-house development, before selecting SAS Enterprise Miner. Based on previous experience coupled with further industry research, Edinburgh Partners recognised SAS’ leadership in the field of business analytics.
Dr Sandy Nairn, of Edinburgh Partners, continues: “Given the size of Edinburgh Partners, this was a substantial investment decision for us. However, fundamental company analysis is the most important activity that our investment team undertakes and a deep understanding of the dynamics that drive individual company valuations is critical. We are confident that SAS Enterprise Miner will support our efforts in this area.”
Ian Manocha, Managing Director of SAS UK and Ireland, says: “We are really looking forward to seeing Edinburgh Partners roll out SAS Enterprise Miner in the coming months. Their fundamental focus on long-term, in-depth analysis and research naturally lends itself to the use of this product and we expect to see it support their intelligent decision making.”
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world
The Power to Know®