Retail and Consumer-Driven Organizations Now Empowered to Understand How Wall Street Views Them While Gaining A Lens into Competitor Performance
NEW YORK–(BUSINESS WIRE)–#data—1010data, a leader in cloud-based analytical intelligence, consumer insights and alternative data solutions, as well as the established provider of consumer transaction data to the buy-side, today launched 1010reveal™IR, its first-ever offering for the Investor Relations function in retail as well as consumer goods and services companies.
A multi-source platform leveraging credit and debit card data with robust panels of millions of consumers, 1010reveal™ is the industry’s most actionable data set for hedge funds, asset managers and traders to optimize trading decisions and generate alpha ahead of quarterly reporting. The platform now has been adapted to provide Investor Relations groups with the same timely information used by the buy-side, while additionally lending visibility into competitors.
“Many retailers already have access to data that they use for purposes such as marketing—but not data that replicates the overall market views seen by the investment community,” said Andy Mantis, Chief Business Officer of 1010reveal, the suite of data products offered by 1010data. “The new 1010reveal™IR was specifically created to provide these companies’ Investor Relations teams with this state-of-the-art credit and debit card data tool to optimize their view into their competitors’ performance, as well as their own. With investors already benefiting from the power of transaction-level trends, which 1010reveal offers closer to real-time than anyone else in the industry, now retailers can anticipate and respond to trends as well as prepare for earnings with the same data that’s feeding the market.”
1010data uses multiple datasets to deliver daily performance signals on hundreds of public and private companies. 1010reveal™IR delivers data to develop granular insights based on credit and debit transactions, consumer trends and sales drivers such as average transaction value and customer growth. The platform also offers diagnostics such as best customer analysis, vintage spend over time, online and offline splits and geodata views, furnishing investor relations teams with the same metric-rich signals and trends currently available to the financial services industry including:
- Omnichannel Approach: leverages credit and debit card data to provide comprehensive merchant and consumer data, as well as points of validation
- Robust Panels: each with millions of U.S. consumers, inclusive of mobile and desktop shopping activity
- Full Online Path-to-Purchase Context: Searches, clicks, product views, cart additions, and conversions
- Daily Data Detail: The most granular data availability in the market updated daily on a 6-day lag
1010data (www.1010data.com) transforms Big Data into smart insights to create the high-definition enterprise that can anticipate and respond to change. Our modern cloud-based analytical intelligence, consumer insight and alternative data solutions enable over 850 clients to achieve improved business outcomes quicker, with less risk. The world’s foremost companies, including Rite Aid, Dollar General, Procter & Gamble, Coca Cola, GSK, 3M, Bank of America and JP Morgan, consider 1010data the partner of choice for mastering customer touchpoints, optimizing product portfolio health and digitally renovating operations. We’ve been recognized as a Challenger in the Gartner Magic Quadrant for Data Analytics Solutions, named a Leader in the Forrester Wave for Cloud Business Intelligence Platforms and honored as a Big Data Analytics Player by Information Week. 1010data is delivering on the promise of Big Data, and we’re just getting started.
Meir Kahtan Public Relations
+1 212.575.8188 ‖ [email protected]
John Seaner, Chief Marketing Officer
+1 646.300.8138 ‖ [email protected]