Upcoming AWS Coverage on FLEETCOR Technologies Post-Earnings Results
LONDON, UK / ACCESSWIRE / March 1, 2017 / Active Wall St. blog coverage looks at the headline from Verisk Analytics, Inc. (NASDAQ: VRSK) as the Company announced on February 28, 2017, that it has acquired Emergent Network Intelligence (ENI), a leading innovator in insurance claims efficiency and fraud detection solutions based in Newcastle upon Tyne, United Kingdom. Transaction details were not shared. This was the Company's third deal in a flurry of recent acquisitions. Register with us now for your free membership and blog access at:
http://www.activewallst.com/register/
One of Verisk Analytics' competitors within the Business Services space, FLEETCOR Technologies, Inc. (NYSE: FLT), reported on February 08, 2017, financial results for its Q4 and year ended December 31, 2016. AWS will be initiating a research report on FLEETCOR Technologies in the coming days.
Today, AWS is promoting its blog coverage on VRSK; touching on FLT. Get all of our free blog coverage and more by clicking on the link below:
http://www.activewallst.com/register/
About ENI
Founded in 2012, ENI provides UK domestic insurers with technological innovations that enable them to process claims more efficiently and to detect fraud. ENI's core products have led to drastic reductions in claims cycle time and have enabled insurers to discover suspicious claims by accessing a fraud detection and investigation system that analyses both structured and unstructured data. Verisk stated that with the acquisition of ENI, Verisk's clients in the UK can take advantage of technologically advanced tools that allow them to improve motor claims workflow and reduce their costs and exposure to fraud.
"ENI has demonstrated a commitment to helping insurers meet the challenges of making substantive reductions in claims cycle time and detecting fraud," said Mark Anquillare, Executive Vice President, and Chief Operating Officer of Verisk Analytics.
Acquires Fintellix
On February 27, 2017, Verisk Analytics announced that it will acquire Fintellix, a Bangalore-based data solutions company specializing in the development of data management platforms and regulatory reporting solutions for financial institutions. Fintellix will become part of Verisk's Argus business.
Founded in 2006, Fintellix enables agility in risk and regulatory reporting practices in enterprise banks and lowered cost of compliance. Fintellix provides analytics, risk, and compliance solutions for the banking sector. It offers a banking data management infrastructure for data management and processing, content management and administration, and content and collaboration. The Company also offers products such as Fintellix Compliance, which provides regulatory reporting; Fintellix Risk; and Fintellix Analytics. In addition, the Company provides information management services, such as strategy consulting, architecture consulting, design and development, and managed services.
"Fintellix and its advanced data management platform, along with its regulatory reporting expertise, will be a valuable addition to both Argus and Verisk Analytics," added Scott Stephenson, Chairman, President, and Chief Executive Officer of Verisk Analytics.
The transaction is subject to the completion of customary closing conditions.
Acquires Healix
On February 16, 2017, Verisk Analytics announced the acquisition of Healix Risk Rating, a leader in automated medical risk assessment for the travel insurance industry for an undisclosed amount. Healix Risk Rating, a subsidiary of Healix International Holdings Limited, will be integrated in Verisk's ISO business, a leading source of information about property/casualty insurance risk for more than 45 years. Healix Risk Rating is located in Surrey, United Kingdom. It was founded in 2000 as a wholly owned subsidiary of Healix International Holdings Limited. The acquisition will further expand Verisk's risk assessment offerings for the global insurance industry, providing solutions that are embedded with customer workflows and can help underwrite medical coverage for travelers with greater speed, accuracy, and efficiency.
"Healix Risk Rating and its unique underwriting tools will be a valuable addition to Verisk Analytics as we develop new ways to innovate with our customers around the world," said Mark Anquillare.
Stock Performance
At the close of trading session on Tuesday, February 28, 2017, Verisk Analytics' stock price fell 1.04% to end the day at $82.92. A total volume of 863.09 thousand shares were exchanged during the session, which was above the 3-month average volume of 669.30 thousand shares. The Company's share price has gained 13.84% in the past twelve months and 2.16% on a YTD basis. The stock currently has a market cap of $13.70 billion. Furthermore, shares of the company have a PE ratio of 31.44.
Active Wall Street:
Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
AWS has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active Wall Street