Standard & Poor’s Capital IQ business has integrated UK share register data from London-based independent shareholder analysis house JunctionRDS into its platform. The data set allows users to view detailed ownership information on listed UK companies with breakout analysis of nominee shareholdings at both the investment manager and beneficial owner level, says the vendor.
Ian Rosner, senior vice president in Europe for Capital IQ, explains that the deal is the last piece in the puzzle for the launch of the new platform, which aims to provide transparent insight into a company’s ownership structure. The S&P business is seeking to provide high quality analysed share register data on UK companies via the integration.
Under UK regulations, companies must keep a register of all their shareholders, which becomes the basis for compiling a share ownership profile, says the vendor. Ownership holdings are declared on the share register but are often hidden behind individual or pooled nominee names but the JunctionRDS data reveals the actual beneficial owners of these shares, thus providing a full ownership profile of a company, explains Rosner.
Share register data in Capital IQ includes common shares held, percent of common shares outstanding, market value, and percent change in ownership position. Data is viewable in multiple currencies and is updated on a regular basis by periodic inspection and analysis of the share register.
Subscribe to our newsletter