WASHINGTON, DC--(Marketwired - May 26, 2016) - Frontier Strategy Group (FSG), the leading emerging market information services and advisory firm, won a total of 19 awards in this year's FocusEconomics Forecasts Awards. These awards recognize FSG and its analysts among the most accurate economic forecasters of emerging markets.
Each month, FocusEconomics aggregates forecasts from a variety of data providers, financial institutions, and international banks. Using this data, it was able to rank all forecasters in terms of their accuracy by calculating the error rate (the difference between the forecast and the actual value) for the past 24 months, weighting recent months more heavily than older months. FSG won awards in each of its major emerging market regions across Asia, Latin America, Europe, Middle East and Africa.
"We believe that our ability to combine secondary research with in-market experiences and conversations with clients allows us to estimate changes in the macroeconomic environment quickly and accurately," remarked Nicole Goodman, who leads FSG's FrontierData™ team. "Additionally, our refined methodology and strict quality control processes ensure our forecasts are aligned globally with our regional and country-level views."
Since launching FrontierData in 2014, FSG's proprietary data forecasts have consistently outperformed many of its peers in the market, including the IMF. In a previous analysis comparing FrontierData forecasting performance to the IMF's World Economic Outlook, FSG's forecast estimates were found to be two to four months ahead of the IMF.
Two to four months of additional visibility into market performance is extremely valuable to FSG's more than 200 corporate clients who all operate in emerging markets. FSG has found that leading indicators and scenarios are essential tools when forecasting for international markets. Oil price declines, currency depreciation, and financial-flow reversals have had complex effects, tumbling some emerging markets into recession while highlighting the resilience of others.
Through its FrontierData and scenario planning capabilities, FSG helps its clients understand which available indicators to track, and how to link them to vulnerabilities and potential opportunities.
For more information about Frontier Strategy Group, its forecasting capabilities, or broader service offering, email info@frontierstrategygroup.com or visit www.FrontierStrategyGroup.com.
About Frontier Strategy Group
Frontier Strategy Group (FSG) is the leading emerging market information services and advisory firm. Through a robust offering of research, analytics, data and custom advisory engagements, FSG partners with business leaders at over 200 multinationals to power their emerging markets business strategies. FSG is headquartered in Washington D.C. with regional offices in Singapore and London.
Contact Information:
Contact:
Meghan Kelly
mkelly@frontierstrategygroup.com
+1 202 741 1333