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OTC Markets Group Introduces Excel-based data sets for Bank Call Reports and Bank Holding Company Y-9 Financial Statements

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OTC Markets Group Inc. (OTCQX: OTCM) has launched Excel-based data sets for Bank Call Reports and Bank Holding Company Y-9 Financial Statements. This initiative enhances the transparency of financial data, building on OTC's ongoing strategy since 2019 using its Qaravan software, which offers investors improved access to regulatory reports. The new Excel formats make regulatory disclosures more accessible and functional, complementing the existing data provided. Matthew Fuchs emphasized the importance of sharing this data with the banking and investment community.

Positive
  • Introduction of Excel-based data sets improves accessibility of bank financial data.
  • This initiative enhances transparency and builds on OTCM's multi-year strategy.
  • Qaravan software provides improved access to fundamental bank regulatory reports.
Negative
  • None.

NEW YORK, March 10, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today introduced Excel-based data sets associated with Bank Call Reports and Bank Holding Company Y-9 Financial Statements. This latest initiative builds upon OTC Markets Group's multi-year strategy to provide technology and data that drives transparency.  

Since 2019, OTC Markets has leveraged risk and performance analytics software, Qaravan, to provide investors, bank executives, regulators, and analysts with improved access to fundamental bank regulatory reports. Following the initial launch of Call Reports PDFs (the original format that issuers file with their regulators), the application has expanded to include Holding Company reports and a dynamic charting capability that adds analytical depth to the once static PDFs. Excel-friendly data sets provide the investor community with enhanced functionality and a more convenient way to engage with bank regulatory disclosure.

"As we expand on the coverage and capabilities of Qaravan, we continue to look for ways to share that data across our ecosystem and more broadly with the banking and investment community," said Matthew Fuchs, Executive Vice President of Market Data and Strategy at OTC Markets Group. "Excel has evolved to become one of the most commonly used analysis platforms, and including these data sets complements the rich disclosure, financial and operating information we provide."

Excel data formats for Call Reports and Bank Holding Company Y-9s, are available on bank disclosure pages on OTCMarkets.com and Canari®. Complete bank performance data can be found in Qaravan, OTC Markets Group's web-based risk and performance analytics software covering more than 5,000 U.S. Banks.

OTC Markets Group's Market Data provides mission-critical data to broker-dealers, compliance, and risk management teams. As the primary market operator, we deliver the most comprehensive, contextual, real-time and analytical data on OTCQX, OTCQB and Pink securities. 

For more about OTC Markets Group's market data products, including connectivity information, visit https://www.otcmarkets.com/market-data/overview.  

To contact OTC Markets Market Data, call +1 (212) 220-2166 or e-mail marketdata@otcmarkets.com.   

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for over 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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Media Contact:
OTC Markets Group Inc.
+1 (212) 896-4428
media@otcmarkets.com

(PRNewsfoto/OTC Markets Group Inc.)

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-introduces-excel-based-data-sets-for-bank-call-reports-and-bank-holding-company-y-9-financial-statements-301244107.html

SOURCE OTC Markets Group Inc.

FAQ

What new data sets did OTCM introduce on March 10, 2021?

OTCM introduced Excel-based data sets for Bank Call Reports and Bank Holding Company Y-9 Financial Statements.

How does OTCM's Qaravan software enhance investor access?

Qaravan provides improved access to fundamental bank regulatory reports since its launch in 2019.

Why are Excel formats important for OTCM's data offerings?

Excel formats are commonly used for analysis, making regulatory disclosures more user-friendly for investors.

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