A Single Platform. Your Many Investment Ideas. - S&P Global

A single platform.Your manyinvestment ideas.Comprehensive Alpha Research andPortfolio Management PlatformClariFI, our alpha research and portfolio management platform,provides powerful analytics and global market data solutionsthat let investment managers and quantitative researcherseasily access S&P Global Market Intelligence’s data librariesthrough a secure, hosted, or locally installed environment.Combining industry-leading analytics and content into a singleplatform reduces time-to-market without compromising thecomplexity and uniqueness of your investment strategies.

Reduce time-to-market—without compromising thecomplexity and uniquenessof your investment strategies.Integrated WorkflowsThe platform’s full set of functionality, consisting of screening,backtesting, event study, portfolio construction, optimizationand portfolio attribution are all tightly integrated for increasedoperational efficiency and accelerated ideation. Each can be usedinteractively or incorporated into scheduled production routines.All factors, models and activities are automatically catalogedand organized for continued use or access at a later date.Powerful Alpha Research & Portfolio Management PlatformClariFI enables youto generate andtest new ideas,and understandmarket themesand opportunities—in order to createactionable investmentsignals on-the-fly.

Speed and Ease of UseData ManagementOperational Efficiency and FlexibilityIntegrate and Create Complex DataSets Without ProgrammingClariFI’s Visual Query Language eliminates the needto learn a programming language without sacrificingmodel or strategy complexity. New models can be built,tested, and implemented in days as opposed to months.Our web-based delivery option completely eliminateshardware and installation requirements, while allowingfor the integration of proprietary data. For enterpriseapplications, a local installation allows for fullintegration with any number of proprietary relationaldatabases. Either way, hardware requirements can becustomized to meet the most advanced use cases.The reduction or complete removal of operationalinfrastructure costs, alongside the benefits of industryleading analytics and data, maximizes efficiencyand profitability and offers significant competitiveadvantage. Validate and bring your new ideas tomarket before the competition. To further enhanceyour research, the ClariFI offering enables clients toseamlessly incorporate proprietary and third-partydata, and to augment the platform’s already matureformula library with R and MATLAB if the need arises.ScreeningGenerate New Investment IdeasWith Advanced Screening ToolsLeverage the Screening module to create customizedsecurity universes, analyze characteristics of yourscreen, calculate and plot return statistics, and exportcustomizable reports.–Quickly perform screens for immediateinsight into historical screen performance–Create hierarchies of multiple screeningrules on-the-fly for dynamic analysis–Export customized results, including livecharts and company-level data, to Excel The Data Management module enables you to quicklyand accurately integrate, construct and organizecomplex data sets in a visual fashion, withouthaving to work with a programming language.–Access seamless historical security mappingwith time-varying identifiers through the robustSecurity Master–Leverage S&P Global Market Intelligence’s plugand-play Xpressfeed SQL data warehouse–Reduce data validation efforts by easily examining,scrubbing, preparing, exporting and chartingcomplex data sets–Build powerful, predictive models from raw data–Incorporate S&P Global Market Intelligence’s AlphaFactor Library of stock selection signals for accessto hundreds of factors on day one–View and transform Point-In-Time matrices using awide variety of Point-In-Time Transforms

Event StudyUnderstand the Abnormal Return AssociatedWith Event-Driven Equity StrategiesThe Event Study module opens up new areas ofpotential alpha research and strategy outperformance,allowing managers to test the effectiveness of events inthe marketplace—using our data or yours.–Analyze the impact of any event on marketprices using any combination of economic, pricing,fundamental, analyst estimate, or qualitativeinformation such as categorized news–Get detailed views of an event’s effect in sectors,industries, countries or any custom grouping withinsightful drill-down analysis–Identify abnormal returns with dynamic eventvisualizations which display event timelines on asecurity-by-security levelBatching WorkflowsIntelligent Iteration AcrossMultiple Scenarios–Select sets of universes, date ranges and concepts–Drag & drop multiple sets into a group to performsmarter iterations–Glance over a quick visual of possiblescenarios and outcomes

Backtesting & Alpha ResearchTest your Investment Ideas’Performance StrengthThe Factor Backtesting module ranks factors by theircorrelation to future returns across multiple investmentuniverses, cross-sections—such as sector or country—and holding periods. In a few quick steps, you caneasily test a variety of single or combined signals andincorporate results downstream in your investmentprocess. Run single or multi-factor tests to understandthe predictive power of factors.–Accelerate the construction and estimation ofeffective factor models–Analyze factor performance across differentgeographies, market segments andeconomic regimes–Test historical predictions from forecast modelswith no look-ahead bias out of sample

Strategy SimulationSimulate Realistic Portfolio PerformanceOver TimeThe Strategy Simulation module provides detailedtrade-by-trade performance of rules-based oroptimization strategies to provide deep insightinto an investment strategy’s historical performance.–Incorporate existing models into the simulationenvironment to build long-only or long-/shortportfolios in a realistic fashion, taking intoaccount customized trading rules, market impact,commissions, and the effect of cash positions–Access a scripting environment to accommodatefully flexible trading strategies including enhancedmean-variance optimization and constraints–Manage and optimize risk exposure beforeimplementation, and evaluate the effects onoverall strategy performance across portfolioconstruction scenariosPortfolio OptimizationEffectively Solve Mean-Variance PortfolioOptimization ProblemsThe Portfolio Optimizer is a mixed-integer optimizationmodule that provides you the tools to rapidly solve themost challenging real-world portfolio construction andrebalancing problems.–Perform optimizations with integrated long-shortcapabilities in a historical research or productionsetting and with many options including quadraticconstraints and advanced use of risk terms–Eliminate the burden of translating data betweendisparate systems–Quickly move new investment ideas frombacktesting to portfolio construction–Utilize S&P Global Market Intelligence’s EquityRisk Models to create portfolios with desiredrisk characteristics, meeting complex linear orquadratic constraints, or easily incorporate thirdparty and proprietary models

Portfolio AttributionGain Detailed Insight into Sources ofPortfolio Risk and ReturnThe Portfolio Attribution module provides portfoliomanagers and reporting teams with a flexible,easy-to-use tool for identifying sources of portfolioreturn and risk.–Calculate portfolio return and risk contributionacross standard and custom groups–Understand the fundamental compositionof investments at the portfolio and grouplevel over time–Automate performance reporting across multipleportfolios and key holding periods, through batchreporting of customizable templates–Fully customizable attribution reports, along withaddition of company logosProduction SchedulerAutomate Research and Production ActivitiesThe Production Scheduling module provides completeautomation capabilities of all modules without the needfor scripting, or the assistance of IT personnel.–Create automation dependencies in a “drag-anddrop” fashion, ensuring proper order of execution–“Smart Cache” complex data sets for maximumproductivity and research speed throughout entireroutine production cycle–Update screens and models, execute backtests andoptimizations, and output trading signals–Daisy chain job runs with data packageupdates in Xpressfeed–Get reports directly emailed to your inbox–Create job containers that allows for conditionalscheduling and optimizing throughput

About S&P Global Market IntelligenceS&P Global Market Intelligence integrates financial and industry data,research, and news into tools that help track performance, generatealpha, identify investment ideas, understand competitive and industrydynamics, perform valuation, and assess risk.S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI),which provides essential intelligence for individuals, companies, andgovernments to make decisions with confidence. For more information,visit www.spglobal.com/marketintelligence.CONTACT USThe Americas 1-877-863-1306Europe,Middle East& Africa 44-20-7176-1234Asia-Pacific 852-2533-3565Copyright 2020 by S&P Global Market Intelligence Inc. All rights reserved. No content, including byframing or similar means, may be reproduced or distributed without the prior written permission ofS&P Global Market Intelligence or its affiliates. The content is provided on an “as is” basis.spglobal.com/marketintelligence0520 SPGMI223

overall strategy performance across portfolio construction scenarios Portfolio Optimization Effectively Solve Mean-Variance Portfolio Optimization Problems The Portfolio Optimizer is a mixed-integer optimization module that provides you the tools to rapidly solve the most challenging real-world portfolio construction and rebalancing problems.