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Real Estate
EnergyBanks & Thrifts
Financial
InsuranceServices
SECTOR-FOCUSED NEWS, DATA ANDESSENTIAL BUSINESS INTELLIGENCE
Media & Communications
Whether selecting stocks, planning mergers or mapping competitive strategies,
leading investors and corporate decision-makers rely on SNL Financial for data,
news and analytics.
SNL’s sector-specific coverage.
Our coverage includes 40% of the U.S. market, with a growing international focus.
SNL is recognized as the premier information provider in the sectors it covers:
Banks and Thrifts, Financial Services, Insurance, Real Estate (both North America &
Europe/Asia-Pacific), Energy and, most recently, Media & Communications.
Accuracy and Timeliness: Data you can trust, and we guarantee it.
SNL updates information 24/7 and gives you online real-time access to the latest
news and numbers. We’re fast, but we
also guarantee accuracy. Our data is
carefully scrubbed, our QC precise.
We are so confident in our accuracy that
we offer rewards for finding errors.
Completeness and relevance: One
standardized template doesn’t fit all.
SNL has built a platform and process
designed for major business sectors with
fragmented data sources, unique metrics
and/or regulatory requirements. Our
Information Service is not only
comprehensive, it’s flexible. Instead of
applying one general financial format to
fit all, we create a unique information
template for each industry. And then we
standardize data to fit that unique mold.
The result: a more relevant picture.
Standardization of fields within our
industry-specific templates makes it easy
to compare companies and sectors.
SNL is the single best source for financialinformation on business sectors critical tothe global economy.
F O U R C O R E T E N E T SS N L ’ s
1 Accuracy2 Relevance 3 Completeness4 Timeliness
BANKS & THRIFTS
Industries we coverInsight and depth you won’t find anywhere else.
No other resource can match our level of industry-specific coverage.
Bloomberg, Reuters and Thomson give you basic financial data and
broker research reports. So do we. But nobody else has our standardized
and as-reported financials, sector-specific templates, asset-level data,
mapping or regulatory data. Even if you spend the time compiling data
from various sources, you won’t come close to what the SNL Information
Service delivers on a single platform.
Analytical tools: Link your models to our database.
SNL provides a host of customizable analytical tools, including valuation
tools and M&A models. SNLxl, our Web-enabled Excel® Add-In, allows
you to seamlessly integrate SNL data into your spreadsheets and
analytical models. Build your template once, then refresh data later
with one click.
SNL is recognized as the premier
provider of financial data, news and
analytics for the following business
sectors, encompassing coverage of
more than 3,300 public companies
and over 50,000 private companies.
SNL currently serves over 4,000
clients and more than 15,000
users, ranging from Wall Street
institutions to top management at
the companies we cover. Clients
include leading investment banks,
mutual funds, hedge funds, lending
departments, M&A departments,
equity and debt finance, financial
analysts, consulting firms, law
firms, government and trade
associations. Client satisfaction is
reflected in a subscription renewal
rate of 93%.
A single source: SNL eliminates the tedious and time-consuming task ofmanually extracting data from different sources. Instead, you have a singlesource for relevant and in-depth data on a specific sector. Included areadvanced analytical tools that help you make better decisions.
SNLSINGLE SOURCE DATA AND
THE TOOLS TO USE IT
EVENTS, FILINGS,CALL TRANSCRIPTS
ASSET-LEVEL DATA
SELL-SIDE ESTIMATESAND RESEARCH
INDUSTRY NEWS
REGULATORY DATA
CAPITAL MARKETSHIGH-LEVEL
FUNDAMENTALS
INDUSTRY COMMENTARY
Global reach: SNL has offices worldwide. Corporate headquarters are inCharlottesville, Virginia. Other locations include New York, India, Pakistan andthe United Kingdom.
FINANCIAL SERVICES
INSURANCE
REAL ESTATE
ENERGY
MEDIA & COMMUNICATIONS
A broad client base
Our clients place tremendous trust in our data.Our QC systems ensure that we earn this trust.
1Accuracy
I brought a data error to the attention of the SNL support teampertaining to an incorrect branch location. Their response was extremely
timely, and the support staff were very courteous and friendly. I was impressedby SNL’s value of customer feedback on data quality, and how that feedback isincorporated into a continuous data quality improvement process. That was a refreshing experience as a customer, andfurther reinforces my confidence in SNL’s data quality.
SNL data is compiled by sector experts, carefully scrubbed and put
through rigorous quality control before it is published. We have radically
transformed the way we collect data and news to simultaneously speed
up turnaround and improve quality. In fact, obsession with data quality
is part of the SNL culture. Our QC system involves a combination of
trained analysts and computer checks.
The numbers speak for themselves: In the most recent quarter, our
already low error rate declined by 10% despite a 42% jump in usage.
The SNL Information Guarantee.
We are so confident in our data that we offer the SNL Information
Guarantee: You can rely on SNL’s data to be accurate, but if you
can find an error, we will reward you with an American Express® gift
certificate.
Whether you use information to
make recommendations to clients,
modify your portfolio, structure an
acquisition or run your business,
SNL knows that you count on our
data to be accurate. Our sector-
specific models, like this SNL
Energy model for load and energy
forecasts, are both innovative and
reliable.
WHEN INACCURACYIS NOT AN OPTION
EVALUATE M&ATRANSACTIONSTHE SMART WAY
SNL Merger Model
E x a m p l e s
Accurate SNLxl updates: When you refresh your SNLxl models from ourdatabase, you can be sure they’re correct. Because SNL’s accuracy isguaranteed. The SNLxl example above updates REIT portfolio values andexposure based on dollar values of individual holdings.
Michael BastedoAVP, PFS Branch Network StrategyHSBC Bank USA, N.A.
“”
Mission-Critical Data
Creating deals is as simple as
dragging and dropping companies.
The formula: buyer + target +
assumptions = deal. Instantly
analyze 50 deals for three different
scenarios (all stock, mix, all cash),
a total of 150. Use our accurate
data to determine the buyer’s
capacity to pay, filter for deal
breakers or query for targets by
geography, size or other criteria.
SNL knows that different industries report different financial items in
different ways. So we standardize and analyze data in an industry’s own
language, formats and fields. Company profiles highlight sector-specific
performance metrics. You can see overviews of multiple companies,
tracking criteria such as exposure or risk, exactly as it’s measured in a
given sector. SNL even recalculates every ratio from the balance sheet
and income statement line items using standard, industry-accepted
formulas.
To accommodate the wide swing in performance metrics from industry to
industry, SNL provides diverse fields of measurement—from loan loss
reserves/ratios in the Bank & Thrift sector to slot machines/square foot in
the Gaming sub-sector of Real Estate.
SNLxl: Pick the industry-specific
performance metrics and ratios, the
comparison indexes, the market
data, and the peers. You have an
instant report, which will refresh on
command with new data in real
time. All data is standardized to
guarantee apples-to-apples
compatibility.
SNL Mapping: Easily convert data into sector-specific geographical overviews forplanning and presentation. Map against competitors and demographics.Banking: Map competitive branch locations to guide M&A or branch marketing.Energy: Map plant locations. Real Estate: Map properties.
PEER COMPARISONMADE SIMPLE
SNLxl: Peer Evaluation
Want to know your investment
exposure as of this minute based
on industry-specific risk criteria?
Just enter individual stock positions
and click “Create Exposure Report”
on our SNLxl template. Example:
SNL Real Estate—exposure based
on holdings in every real estate
market in the U.S.
INDUSTRY-SPECIFICEXPOSUREREPORTS
SNL Analytics: Exposure
E x a m p l e s
SNL is a powerful tool for two reasons: They have good data that’s scrubbed, and they make their data interactive in Excel format, so
that I can manipulate it the way I want. It’s all about picking the best stocks.My bets are supported by good data. Without good data I could not be confident in executing my own models. SNL data is always solid.
Barry Oxford DirectorUBS Global Asset Management
“ ”
While generalist providers skim the surface, SNL takes a “deep dive”
into each sector that we cover. We aggregate data from fragmented
sources. We go beyond the basic financial data, collecting memo items
and supplemental financial schedules to present the most complete and
relevant picture of a company and industry.
SNL focuses on breadth of information as well as depth. Where it isn’t
practical for us to collect information on our own, such as stock prices,
institutional ownership data and call transcripts, SNL partners with
best-in-class information vendors to redistribute their data through
our products.
A higher standard.
No other data provider delves into as much detail or is as focused on
industry standardization as SNL. Our ability to standardize data for all
companies within a particular industry is a prime differentiator and
advantage for our clients. Doing so allows our clients to build peer
comparisons without having to spend time making adjustments to
produce an apples-to-apples scenario.
The M&A Briefing Book provides
a complete snapshot of a deal—
current or historical—including
links to related documents and
news, buyer and target financials,
and pre- and post-deal stock
charts. (Example shown below:
Banks & Thrifts)
CREATEMULTIPAGEPROFILES OF M&ATRANSACTIONS
M&A Briefing Book
This tool allows bankers, analysts,
asset managers and IR pros to
perform institutional prospecting,
road show intelligence or
competitor analysis through a
single, simple interface. (Example
shown below: SNL Real Estate)
COMPARE THEOWNERSHIPPROFILE OF ACOMPANY AGAINSTITS PEERS
Ownership: Peer Comparison
Briefing Books: Build investment banker–quality corporate summaries witheverything you need to know about a selected company by using point-and-click menus. Select a company and the reports you want. In two minutes, youhave a presentation-ready “pitch book.” Want to build an equivalent profile foran M&A deal? No problem. Instead of company info, choose reports on dealpricing, financials and related news.
E x a m p l e s
Our Financial Institutions Group relies on SNL more than any other product or service available. The depth, reliability and timeliness of data that
SNL puts at one’s fingertips is essential to our investment banking platform.
Brian M. Mellone, CFAManaging DirectorMorgan Keegan Financial Institutions Group“ ”
The latest news and the most current data.Link your proprietary models for automatic updates.
4Timeliness
SNL integrates news, data and analytics in real time. The news is
plugged into the database, and the data is plugged into the latest news.
Subscribers can link to the latest news and archives on any company,
directly from the database.
Our data is scrubbed, approved and published in what we believe to be
the fastest cycle time in the industry. In an average quarter, we process
30,000 source documents, then review and release them to clients in
under 6 hours. Aggregating from a variety of sources, we cover a
complete set of financial, operational and asset-level detail. In addition
to reported financial data, which we standardize in our industry-specific
templates, our database encompasses everything from SEC filings to
regulatory agency documents to M&A activity. All updated 24/7.
SNLxl: Your models are as current as our data.
Your proprietary models are your competitive edge. SNLxl eliminates
time-consuming manual updates. Tie any Excel spreadsheet to the SNL
database for instant updating. Tap into our library of reports, stocked
with templates based on analytical best practices. Or have SNL Support
consult on a custom model for you.
You have 24/7 access to SNL’s
complete data set. Use our easy
DataWizard to pull the information
you want, and integrate it into your
proprietary models. Refresh your
data online from anywhere, with the
click of a button.
REFRESH YOURMODELS INSECONDS
SNLxl: Real-Time Updates
Newsletters: SNL publishes an extensive range of daily, weekly and monthlynewsletters providing comprehensive news and feature stories for each of thesectors we cover. Delivered via email as PDF files or accessible online, theseelectronic publications provide exclusive, market-moving information that’slinked to our vast databases.
E x a m p l e s
I depend on their current news on domestic fuels and energy markets, and SNL’s real-time alerts and scrolling news make it superior to other
news services. Also, the SNLxl Add-In is the easiest and fastest I’ve seen. .
Fadi ShadidEnergy ResearchFriedman Billings Ramsey
“ ”
From a news team of more than 50
reporters and editors, SNL’s online
and up-to-the-minute news
coverage includes keyword email
alerts, RSS feeds, original columns,
exclusive commentaries and 360-
degree reviews of the most urgent
topics in SNL-covered industries.
FAST & EASYACCESS TOCOMPLETE NEWSCOVERAGE
SNL News: My Home
After establishing its leadership as an information provider in North America,
SNL is now expanding into international markets. SNL Real Estate is the
first of SNL’s electronic databases to include global coverage, and it fills a
huge gap in a growing market.
The first single source for worldwide real estate investment data.
A new wave of real estate securitization is gathering momentum across the
globe. Until now, investors have not had a single data resource. Finding
information has required time-consuming searches through multiple sources,
with the added complication of reporting differences from country to
country. SNL applied its expertise to this fragmented market, gathering and
quality-checking data from a variety of international sources, many of which
are extremely difficult to access. From current financial documents to
historical information, it’s all there online, continually updated and easily
accessible for the first time.
Bridging the differences.
Not only did SNL create the first
central database for global real
estate investors, we developed
standardized templates broad enough
to encompass all the differences in
reporting standards and accounting principles, without sacrificing the depth
and detail for which SNL is known. Investors can evaluate property
portfolios. Access asset-level data. View source documents. And instantly
convert any screen or report into the currency of their choice. For over 200
companies in more than 20 countries.
You have instant real-time accessto source documents for currentdata and historical data that wouldbe virtually impossible to obtain—from past financials to pressreleases.
USE HISTORY TOPROJECT THEFUTURE
Documents archive
Our currency converter toolallows you to seedata in a varietyof currencies.Instantly view theentire report inthe currency ofyour choice,whether it’s theeuro, the U.S.dollar, theJapanese yen orthe Swiss franc.
E x a m p l e s
View a company’s property portfolio holdings by property types,tenants, markets and propertytransactions. Standardizationmakes peer comparisons possibleacross companies and countries.
IN-DEPTH DETAILAND PEERCOMPARISONS
Property portfolios
SNL closes information gaps by acquiring andintegrating best-in-class data and research firms.
PlusSNL
SNL Kagan: The first single source for media & communications data.
From telecom and cable to broadcasting and wireless, media &
communications is a fast-growth area with multiple sectors. Until now,
there was no single source for financial and operating data. To meet the
need, SNL acquired Kagan Research, the leader in media business
research for nearly four decades.
The integration of Kagan’s proprietary data and forecasts with SNL’s
electronic platform marks a complete transformation in how media &
communications information is delivered and used. This powerful
combination provides a seamless linkage of data, news and analytics
across sectors, all available for a single subscription price. The Media &
Communications industry has its own set of metrics and its own
language, so SNL Kagan has created a unique information template for
each sector. Data is standardized and analyzed using the sector’s own
language, formats and fields. SNL’s online platform provides 24/7 access,
with point-and-click menus making data easy to manipulate and analyze.
Regulatory Research Associates (RRA): An edge in Energy.
One of the keys to success in the energy business is knowing the
financial and strategic impact of state-level regulation. To deliver this
added value to our energy customers, SNL acquired Regulatory
Research Associates (RRA), the leading specialist in electric utility
securities and regulation, with a 25-year track record. RRA’s expert
analysis and proprietary data provides SNL customers with the best
available intelligence on regulatory issues affecting utilities.
RRA products and services include commission profiles, rate case
histories and statistics, events calendar and report searches.
SNL Kagan’s proprietary forecasts,reports and newsletters provide theobjective benchmark by whichinvestors measure the value andperformance of media companies.That’s why key players in eachsector rely on them to makestrategic decisions.
FORECASTS, REPORTSAND NEWSLETTERS
SNL Kagan proprietary intelligence
REAL-TIME PROFILESAND RANKINGS
RRA sheds light on utilityregulation
View continuously updated profiles of state regulatory commissions withRRA’s valuable rankings, all of whichcan be easily exported to spread-sheets via SNLxl or converted toPDFs. Key details on commissionersand topics related to utility regulation are available in real time.
Telecom Entertainment Broadcasting Cable
New Media Satellite Wireless Publishing
If you are an SNL-covered company, our onlineIR solution gives you a unique perspective.
IR SolutionsSNL
INTERACTIVEGRAPHING: THE BESTJUST GOT BETTER
Instant graphs made to order
Specify page templates from a widerange of choices. Modify companyname for all pages. Upload charterdocuments. Keep shareholders up todate with HTML email banners.Easily integrate new email lists.Upload any form of presentation orWebcast right from your console.
MORE CONTROL,EASIER CHANGES
Our updated IR console
E x a m p l e s o f i m p r o v e m e n t s
Wall Street already looks to SNL as the primary source of data, analytics
and news on our chosen business sectors. So it only makes sense for IR
pros in those industries to outsource online investor relations
management to SNL IR Solutions.
Our service will build and manage your IR Web site, automatically posting
key updates. Because SNL already provides data for your industry, we can
enrich your site in ways that none of our competitors can, with sector-
specific data, documents and other exclusives. SNL IR Solutions is
your central hub for investor communications and compliance. We
handle webcasts, conference calls, interactive annual reports, tools for
compliance with corporate governance requirements and more.
Outsourcing without the outrage.
If you’re already outsourcing, the outrageous “last straw” could come at
any time. The irritating extra charges. The missed press release. SNL
takes a completely different approach to customer service. We give you a
dedicated account manager and a flat fee, so you avoid being “nickel-and-
dimed.” You have one point of contact at SNL to help you with training,
changes and management. And there’s no charge for answering questions.
Free SNL analytics: As an added value, you receive free access to the SNLInformation Service when you sign up with SNL IR Solutions. Depending on yoursubscription level, this includes real-time industry-specific news, peer data (withindexes and charts), and mapping relevant to your industry (branches, propertyholdings, power plants, telecom service areas).
SNL IR Solutions simply works and is awesomely efficient.Whenever we need something it is attended to quickly and correctly.
Plus SNL understands and provides the transparency that is required by regulators and expected by the investment community.
Bill TraynhamPresident and CFOCommunity Bankshares, Inc.
“ ”
Select from more than 100 peerindexes to build a total returnperformance graph with a fewclicks. Comply with the SECrequirement while showing yourcompany in the best light. The TotalReturn Calculator graphs ROI over a 12-month period. Site visitors cangraph stock performance againstpeers and/or indexes.
SNL Support: Our industry experts help you harnessthe power of SNL to meet your objectives.SNL customer support advisors are experts in financial analysis, your sector, and SNL’s products. Tell your
SNL expert what you’re trying to do from a business perspective. You’ll get some easily applied tips that
will harness the power of SNL to your goals.
SNL Support people aren’t tech reps, although they’re well-versed in how to apply our technology.
They have backgrounds similar to yours.
Maximize the ROI on your SNL subscription.
Talk to an SNL expert to unleash the full benefits of
everything SNL offers. Learn tips that translate
into bottom-line results. Gain a competitive
edge, cut hours of manual updating, and make
your life easier. Find out how easy it is to link
your spreadsheets to the SNL database,
using SNLxl. Ask about the Briefing Book
report-builder function to produce in-depth,
presentation-ready pitch books on a
specific company—in minutes, not hours.
Get up to speed on mapping in all its
colorful dimensions. Find out the details on
the newest improvements being made
continuously. Take advantage of SNL Support
to get the most out of SNL.
SupportSNL
Other SNL products and services.SNL offers a number of ancillary products and services that complement
our core information services.
Statutory Insurance Data.
It’s the dawn of a new era for SNL’s Financial Institution subscribers, who
can now access the immense and intimidating statutory dataset with ease.
Thanks to a groundbreaking
agreement with the National
Association of Insurance
Commissioners (NAIC), SNL
is publishing more than a
decade of stat insurance
data in a new form. Rather
than struggling with
overwhelming datasets, you can see snapshots, ratios and preformatted
analysis in seconds. With all these unique shortcuts, you still have easy
access to every single data point through SNLxl. With special features like
bottom-up group analysis, Schedule P analysis and ratings data.
You get detailed financial information for every insurance company in the
country. With relevant ratios concerning premiums, claims and losses.
Market share. Portfolio statistics. Demographics. Loss triangles. And more.
Full integration with our news, documents, M&A and public company
insurance data gives you all the tools necessary to analyze insurance
companies from top to bottom. All included in your subscription.
Data publications
SNL’s Executive Compensation
Review is available in four editions:
Bank and Thrift (vol. 1 & 2),
Insurance and Real Estate
Securities. It’s the only source that
names names, with peer
comparisons of historical executive
compensation figures and company
performance. The Review also
includes industry trends in
compensation and benefit
packages, including options
awarded, exercised and held.
The SNL Center for Financial Education (CFE),
an SNL affiliate, is a training resource for
commercial and investment banks,
insurance companies, asset management
and venture capital firms, consultants and
federal agencies.
More than 4,000 professionals have attended our content-rich programs
that focus on analytical tools and concepts attendees can put to immediate
use. Seminar speakers are noted industry experts who provide a wide variety
of perspectives.
We publish a full lineup of printed
directories for sectors we cover.
From executive compensation to
mergers and acquisitions, these
authoritative desk references
provide quick and easy access to
hundreds of rankings, listings and
industry trends.
Published annually,
the SNL Financial
Institutions Deal
Book is the
authoritative source
for information on
financial industry
M&A deals and capital offerings, as
well as the players involved. It is the
most complete directory available of
M&A and underwriting professionals
in banking, financial services and
insurance, with rankings of advisors
by deal value. Deals are ranked and
reviewed state by state, with
complete statistics.
Banks &Thrifts
FinancialServices
Energy
Real Estate
Media & Communications
Insurance
Banks &Thrifts
FinancialServices
Insurance
Real Estate
Media & Communications
Energy
Headquarters One SNL PlazaP.O. Box 2124Charlottesville, VA 22902866.296.3743434.977.1600434.977.4466 fax
Ahmedabad, IndiaSNL House5, Sunrise Park SocietyDrive-in Road, VastrapurAhmedabad: 380054+91 079 40207200
Arlington, VA1700 North Moore Street11th Floor, Suite 1110 Arlington, VA 22209703.373.0150703.373.0159 fax
Boston, MA15 Broad StreetSuite 501Boston, MA 02109617.371.3983212.542.8047 fax
Boulder, CO921 Walnut St.Suite 250Boulder, CO 80302303.501.1671303.501.1672 fax
Islamabad, Pakistan101-W 3rd FloorAl-Khair PlazaFazal-ul-Haq RoadBlue Area, Islamabad, 44000+92 51 2276592
Jersey City, NJ30 Montgomery StreetJersey City, NJ 07302201.433.5507201.433.6138 fax
London, England7 Birchin Lane, 8th FloorLondon, EC3V 9BWUnited Kingdom+44 (0)20 7398 0870+44 (0)20 73980871 fax
Monterey, CAOne Lower Ragsdale DriveBuilding One, Suite 130Monterey, CA 93940831.624.1536831.625.3225 fax
New York, NYTrinity Centre115 Broadway, 16th FloorNew York, NY 10006212.364.7530 212.364.7566 fax
www.snl.com