The Hemmington Scott Data Story
The information in REFS is sourced from the Hemmington Scott Securities and Corporate Information Database - widely regarded as the most extensive and reliable source of fundamental data on UK quoted companies.
At Hemmington Scott we realise that first and foremost you want date you can trust, so we've spent a long time developing our systems for data collection and analysis. As a result, our quality standards are, we believe, the most exacting in the industry.
The Hemmington Scott 'Superteam'
As an investor, you're looking at the overall picture of a company - the historical data as well as current and forecast information. Your informed decision is based on assessing the information presented to you in its totality, so it makes sense for the information to be collated in the same way. This is why the production line approach to data collection and analysis doesn't provide quality data.
You'll be glad to learn we do things differently.
Our approach has evolved so it matches yours. Hemmington Scott analysts collate and anlayse all the information related to a particular company. By having this overview they understand the relationship between different factors - and ensure that the overview makes sense.
Today, our Securities and Corporate Information Desk (SeCID) is made up of four 'superteams' of analysts, with each team dedicated to providing quality information on companies falling into a given alphabetic range.
How does SeCID operate?
All information coming into the department is derived form primary sources - daily closing prices and news releases from the London Stock Exchange; company information from annual Reports and company accounts, and profit, earnings and dividend forecasts from Stockbrokers.
Our dedication to quality means that every single piece of information entered on our database is checked, then re-checked by a more senior analyst with further spot checks being carried out on a weekly basis.
We set ourselves tough objectives regarding the timeliness and accuracy of our database. To maintain these standards all information coming into the department on a given day is analysed and entered on the database the same day it is received.
With up to 9000 incoming broker forecasts a month, plus a high volume of price sensitive news and other data, we need a highly dedicated tam to maintain the quality and timeliness of our information. We've found that the 'superteam' approach, which provides analysts with an interesting and varied role, gives our people the necessary motivation to maintain high standards.
A measure of our success is that our data is now so highly regarded that raw data from our database is bought by ICV/Datastream, Collins Stewart, PricewaterhouseCoopers, Nomura and a number of the UK's most powerful fund managers. If they can rely on our information you can be sure that REFS is completely dependable. |
REFS is
a mine of invaluable information for the private investor.
