Ibbotson and NQI (Nikkei Quick Information Technology) Sign International Development and Distribution Agreement

Nikkei Quick Information Technology to create financial planning web application for the Japanese financial planning and brokerage community using Ibbotson's software engines


CHICAGO, June 6, 2000 (PRIMEZONE) -- Ibbotson Associates today announced an international development and distribution agreement with Nikkei Quick Information Technology Company, Ltd. (NQI), the joint venture of Nihon Keizai Shimbun, Inc. (NIKKEI) and QUICK Corp. NQI will create a Japanese financial planning website using Ibbotson's financial planning engines and adapt the software to the Japanese tax and social security system. NQI will distribute website subscriptions to the Japanese financial planning and brokerage community.

"Offering the largest economic databank in Japan and real-time delivery, NIKKEI and QUICK are the leaders in delivering information to the Japanese financial markets," said Mike Henkel, president of Ibbotson Associates. "This arrangement will allow us to create a superior product that takes the best of NIKKEI, QUICK and NQI's information and delivery, and combine it with Ibbotson's asset allocation knowledge and technology. These new products will help financial institutions provide cutting edge products and services to their clients during a time of tremendous change and innovation in Japan's financial systems."

The new web application will allow financial representatives to build optimal asset allocation portfolios; identify a portfolio's current style weights; discover the investor's risk profile; implement an asset allocation strategy using mutual funds; and project the potential growth of wealth for a particular strategy. Ibbotson will advise NQI on the construction of the system flow and the use of asset allocation.

Ibbotson Associates

Ibbotson Associates, founded by Professor Roger Ibbotson in 1976, is the world's leading authority on asset allocation, providing products and services to help investment professionals make the best asset allocation decisions for their clients.

The company's business lines include consulting and research; investment forecasting, planning and analysis software; educational services ranging from on-site workshops to computer based training; and a widely used line of presentation materials designed to educate clients on asset allocation concepts and investment principles. With offices in Chicago and New York, Ibbotson Associates fills a growing need in the finance and investment industry for an independent, single source provider of investment knowledge, practical application expertise, leading edge technology, educational services and sales presentation tools. Ibbotson markets its integrated product line of investment analytical tools and services to institutional money managers, plan sponsors, and consultants for quantitative analysis, high level decision making and presentations. The company's clients also include financial planners, brokers, mutual fund firms, private bankers and small money managers.

225 North Michigan Ave Suite 700 Chicago, Illinois 60601-7676 Phone 312 616 1620 Fax 312 616 0404 www.ibbotson.com



            

Contact Data