Visual representation of digital customer experience transformation in finance - Global Banking & Finance Review
Image illustrating the partnership between Instinct Studios and Morningstar to enhance digital customer experiences in financial services. This collaboration aims to revolutionize how investors access fund information.
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INSTINCT STUDIOS TO TRANSFORM FINANCIAL DATA AND ENHANCE DIGITAL CUSTOMER EXPERIENCES WITH MORNINGSTAR DATA

Published by Gbaf News

Posted on September 19, 2014

2 min read
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~ Exclusive agreement set to change the way fund information is consumed ~

Instinct Studios Partners With Morningstar

Instinct Studios, a FinTech company that creates smarter digital customer experiences, has announced a preferred data provider deal with independent investment research firm Morningstar, Inc.  The arrangement will give Instinct Studios’ innovation area, the FinTech Lab, access to Morningstar global fund data. Instinct will license the data to develop digital financial services solutions, designed to help investors make better informed financial decisions.

Access to Comprehensive Fund Data-Set

With Morningstar as the preferred data provider, Instinct Studios will have access to a comprehensive fund data-set, including hundreds of individual data-points. Instinct’s aim is to use Morningstar’s daily fund data to create engaging, interactive and insightful user experiences across web, mobile and touch-enabled devices.

Leadership Insights on the Strategic Deal

”We’re delighted to work with Morningstar, as the quality of its data and proven expertise will add significant value to our FinTech Lab,” said Majid Shabir, CEO and Founder at Instinct Studios. ”When it comes to delivering fund information that investors can easily understand, the industry has so far been making small incremental changes, but we’re now looking for ways to raise the bar to a completely new level. I’m confident that by having access to Morningstar’s fund data, we’ll quickly find ways to transform the way investors’ access and consume fund information.”

Morningstar’s Commitment to Data Excellence

Joanna McGinley, head of global alliances and redistributor solutions for Morningstar, said, “We’re committed to providing investors with the most effective data, research, and ratings, and we’re pleased to provide more investors with access to our fund data and information to help them conduct due diligence and reach their financial goals.“

Key Takeaways

  • Instinct Studios secured a preferred data provider agreement with Morningstar to access global fund data.
  • The deal enables Instinct’s FinTech Lab to license hundreds of data points for digital financial services solutions.
  • Instinct aims to use Morningstar’s daily fund data to build engaging, interactive user experiences.
  • Morningstar supports the initiative, emphasizing its commitment to help investors through high-quality data.

References

Frequently Asked Questions

Who are the parties involved in the agreement?
Instinct Studios and Morningstar, Inc. entered a preferred data provider agreement.
What will Instinct Studios use the Morningstar data for?
They’ll license Morningstar global fund data to develop digital financial services solutions through their FinTech Lab.
What kind of data will Instinct access?
They’ll access a comprehensive global fund data‑set, including hundreds of individual data points on a daily basis.
What is the goal of this partnership?
To transform how investors access and consume fund information by creating engaging, interactive experiences across digital platforms.
How did Morningstar describe the agreement?
Morningstar said it is pleased to provide more investors access to its fund data and information to support due diligence and financial goals.

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