MAY 26, 2010 5:07am ET

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Real-Time Data Warehouse Launched

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A Morningstar subsidiary said it is introducing a "real-time" data warehouse.

Logical Information Machines, now known as the LIM unit of Morningstar, is launching a data warehouse that allows customers real-time access to data feeds from vendors, exchanges and proprietary sources.

The LIM Evolution warehouse is designed to sit alongside a customer's existing Market Information Machine server, which provides comprehensive historical financial and energy market data.  Customers with LIM Evolution can select which feeds they want to receive in real time from nearly 400 vendors.

The historical database goes back as far as 100 years for the financial sector. The energy feeds include data from all Independent System Operators in the distribution businesss.

LIM aggregates data from all the major exchanges, the electricity system operators (ISOs), price-providing services, major commodity brokers, weather vendors, and other key data sources.

Morningstar acquired Chicago-based LIM, which provides data, analytics, and research primarily in the energy, commodity, and financial sectors, in December 2009.

This article can also be found at SecuritiesIndusty.com.

Tom Steinert-Threlkeld is the editor-in-chief of Securities Technology Monitor.

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