Houston, Texas (January 20, 2010) -LIM, the leader in data delivery for energy markets, has announced that it will continue to make strong investments in the company's Energy and Agricultural Data services.
The announcement was made, today, at LIM's 2010 North American User Conference in Houston, Texas. LIM was recently acquired by Morningstar?, Inc. a world leader in independent investment research.
"We intend to leverage Morningstar's footprint in 22 countries to expand our sales and service network, especially for our global clients" said Kishore Gangwani, LIM's newly appointed President. "In addition, we will increase our focus on Energy and Agricultural markets and make investments in data procurement, technology and R&D."
With Morningstar's strong focus on design and tradition of data quality, LIM is prepared to leverage new infrastructure to drive new solutions to its customers. "As energy data management expands to handle cross commodity markets, Morningstar supplies LIM with the tools and techniques to lead the industry," says Chris Hambrecht, Vice President of Energy Products.
During the LIM 2010 North American User Conference, LIM announced the following new initiatives:
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Onsite Data Quality model - Clients will have the ability of designing and managing their own data quality checks on data stored in ETRM/CTRM systems as well in LIM's onsite MIM Server.
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Expansion of Web Services - New services for loading data and extracting data allow clients greater flexibility when integrating with the MIM server.
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Expanded Research & Development Group - The larger R&D department of LIM has been investigating cloud computing to further meet client needs for Software as a Service (SaaS) solutions.
LIM's Market Information Machine? (MIM) delivers a comprehensive, real-time solution for research, analysis and trading that enables traders and risk managers to make the best decisions as quickly as possible. MIM contains daily (7 day), intraday, and tick data values from over 380 sources available to users from a single location. In addition, LIM provides a wide array of sophisticated but easy-to-use application tools so users can extract, analyze and utilize the data quickly, efficiently and accurately.
About LIM
LIM is a leading supplier of data, analytics and research, using proprietary technology and data management solutions providing its customers with actionable information primarily in the energy and financial sectors. The world's most influential companies leverage LIM's industry-specific data solutions to perform the most sophisticated, global historical research, and real-time, predictive analyses to gain competitive advantage, create efficiency and increase profits. Founded in 1988, and now a subsidiary of Morningstar, Inc., LIM is headquartered in Chicago with offices in Austin, Houston, New York, London, and Singapore. For more information please visit www.lim.com.
