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Loan Pricing Corporation Launches European DealScan Database
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| Loan Pricing Corporation Launches New And Improved DealScan Database Solution |
LONDON, February 10, 2003 - Loan Pricing Corporation (LPC), a Reuters company, is pleased to announce significant enhancements to its market-leading, web-based DealScan database. European loan market users now have a new user interface, additional functionality, new search capabilities and new reporting capabilities, all designed specifically for the European user. These enhancements have been developed in direct response to business and productivity requirements specified by the key players in the European loan market.
DealScan is the world's pre-eminent source for comprehensive, reliable and actionable information on the global commercial loan market. It contains detailed terms and conditions on over 131,000 loan and bond transactions, including current and historical structure and pricing data. The new and improved database release is part of LPC's ongoing and broader efforts to deliver the most timely, comprehensive and relevant loan data, news and analytic product solutions to its global client base.
Nigel Pavey, Director Global Loans of Barclays said, "We have worked with LPC globally for many years and they continue to respond to our information needs with products that facilitate easy access to real-time data, news and analytics." He added, "This database launch will provide our European users with searching and reporting capabilities designed specifically for financial professionals operating within the European market."
"As the European loan market continues to grow so does its need for a quick, easy to access and web-based deal tool like DealScan," said Bill Petrunik, LPC's Managing Director of International Business. "Our goal with this project was to listen to our European customers and come up with a revamped product aimed at increasing productivity, and according to our customers, we have succeeded," he added.
Working in collaboration with the European loan market, LPC determined that the new DealScan features and functionality would considerably improve European users' business operations and productivity. DealScan now includes single-click access to reports and company news, daily updates through the web, an improved on-line help system, a reorganized menu and classification system, and more powerful search capabilities.
About Loan Pricing Corporation
Since 1985 Loan Pricing Corporation (LPC), a Reuters Company, has provided syndicated lenders around the world with the most complete and accurate news, data and analytics on bank loans. LPC's coverage spans the United States, Europe, Middle East, Africa, Latin America, and Asia-Pacific via subsidiary Basis Point Publishing Limited. LPC's content is delivered via publications, on-line services and databases.
Loan Pricing Corporation (LPC) has earned its reputation as the premier global provider of loan market information and analysis through its in-depth focus on the loan industry and development of state-of-the-art products and services for bankers, borrowers, and loan investors.
About Reuters
Reuters (NASDAQ:RTRSY) (www.about.reuters.com) is the leading global provider of financial information, news and technology solutions to financial institutions, the media, businesses and individuals. Reuters strength is our unique ability to offer customers a combination of content, technology and connectivity. Our premier position is founded on continuous technological innovation and a reputation for speed, accuracy, integrity and impartiality. We have over 18,140 staff in 97 countries, including some 2,498 editorial staff in 198 bureaux serving approximately 150 countries, making it the world's largest international multimedia news agency. In 2001, Reuters had revenues of (pound)3.9 billion.
Reuters and the sphere logo are the trademarks of the Reuters group of companies.
For more information contact:
Loan Pricing Corporation
Bill Petrunik
Tel: 212-833-9236
Email: bpetrunik@loanpricing.com
Kevin Elphick
Tel: 212-833-9362
Email: kelphick@loanpricing.com
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