OTC Markets Group Inc. (OTCQX:OTCM) said it has introduced Excel-based data sets associated with Bank Call Reports and Bank Holding Company Y-9 Financial Statements.
The operator of financial markets for 11,000 US and global securities noted that the latest initiative builds upon its multi-year strategy to provide technology and data that drives transparency.
Since 2019, OTC Markets has leveraged risk and performance analytics software, Qaravan, to provide investors, bank executives, regulators, and analysts with improved access to fundamental bank regulatory reports.
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Following the initial launch of Call Reports PDFs (the original format that issuers file with their regulators), the application has expanded to include Holding Company reports and a dynamic charting capability that adds analytical depth to the once static PDFs. Excel-friendly data sets provide the investor community with enhanced functionality and a more convenient way to engage with bank regulatory disclosure.
"As we expand on the coverage and capabilities of Qaravan, we continue to look for ways to share that data across our ecosystem and more broadly with the banking and investment community," said Matthew Fuchs, executive vice president of Market Data and Strategy at OTC Markets Group in a statement.
"Excel has evolved to become one of the most commonly used analysis platforms, and including these data sets complements the rich disclosure, financial and operating information we provide," he added.
Excel data formats for Call Reports and Bank Holding Company Y-9s, are available on bank disclosure pages on OTCMarkets.com and Canari. Complete bank performance data can be found in Qaravan, OTC Markets Group's web-based risk and performance analytics software covering more than 5,000 US Banks.
OTC Markets Group's Market Data provides mission-critical data to broker-dealers, compliance, and risk management teams. As the primary market operator, it delivers the most comprehensive, contextual, real-time and analytical data on OTCQX, OTCQB and Pink securities.
The company operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market. Through OTC Link ATS and OTC Link ECN, it connects a diverse network of broker-dealers that provide liquidity and execution services, enabling investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
Contact the author at jon.hopkins@proactiveinvestors.com