Croesus Partners with Morningstar, an Industry Leader in ETF Data

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Croesus Partners with Morningstar, an Industry Leader in ETF Data

MONTREAL, Canada, June 21, 2012—Croesus announces an agreement with Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research. Under this agreement, Croesus users will have access to detailed asset allocation and distribution data for American and Canadian ETF’s. This information will be taken into account in various calculations including class weightings. This new capability will facilitate IPS monitoring, allowing users to provide more detailed performance reports to their clients.

Morningstar data feeds strengthen activities that range from conducting research and financial modeling, to creating investor-friendly communication materials and delivering industry-standard statistics. Morningstar continually adapts its data feeds to meet client needs, regulatory changes, and marketplace trends.

“We are pleased to offer Morningstar data feeds to our customers. Quality data means improved decision making for our clients and Morningstar is internationally recognized for the quality of its data”, says Remy Therrien, Croesus President & CEO.

About Croesus
Since 1987 Croesus has provided brokerage firms and independent advisors an advanced portfolio management and integrated CRM software. Croesus enables investment advisors to improve the management of portfolios and relationships, optimize the assessment of performance returns, while reducing exposure to risk by meeting GIPS compliance requirements. As a comprehensive solution, the Croesus SaaS platform integrates with major back-end systems such as IBM, custodians like TD Ameritrade and financial information providers that include Morningstar, Thomson One and Fundata. The software of choice for leading brokerage firms like CIBC Wood Gundy and National Bank Financial, Croesus clients manage over $350 B in total Assets Under Management.

About Morningstar
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has more than $186 billion in assets under advisement and management as of June 30, 2012. The company has operations in 27 countries.

Frédéric Le Bouar
Director of Product Marketing and Business Promotion

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