Databases

For scientific activities, the Department of Banking and Finance (DBF) as well as the University of Zurich offer access to various databases.

These databases mainly indicate stock exchange rates for shares, companies’ financial key data, exchange rates for options and macro economic variables. They are acquired at a number of suppliers.

  • The Wharton Interface enables access to a number of databases through a unitary surface. For the University of Zurich, the following sections are available:
    Prices for US-shares and US-options, US -treasuries and banks’ financial key data. The respective databases are: CRSP, Optionmetrics and Bankscope.
  • EUROFIDAI provides access to verified and controlled historical data from European, Asian, Pacific and Middle-Eastern markets. For the Department of Banking and Finance the following daily databases are available: Stocks (Europe), EUROFIDAI benchmark indices (Europe) and other indices.
  • Bloomberg offers access to information of various instruments as share-, bond and option rates as well as financial key data of companies and macro-economic data such as GDP, interest rates and exchange rates. Contrary to most of the Wharton Databases, Bloomberg indicates data from most countries all over the world.
  • Datastream offers access to various products of Thomson such as share-, bond and option rates as well as financial key data of companies and macro-economic data such as GDP, interest rates and exchange rates. Contrary to most of the Wharton Databases, Datastream indicates data from most countries all over the world.
  • Reuters covers a similar spectrum as does Datastream. Reuters offers real-time data and more widespread tools for data analysis. Reuters generally gives shorter time series than Datastream.
  • The CCRS-DBF Risk Factor Database provides country-specific risk factors for several European countries.
  • SDC Platinum TM is a sub database from Thomson Reuters and is the indus-try standard for information on new issues, M&A, syndicated loans, private equity, project finance, poison pills, and more.
  • As well, the libraries of the University of Zurich dispose of a number of access possibilities to various Databases. Most of them are literature based databases. Lexis Nexis supplies data of firms. Macro-economic data is accessible on the OECD-Databases. There is also an access to the Federal Administration "Swiss Statistics".
  • The SNL Database combines exclusive analysis and in-depth data in real time for the banking, financial services and insurance industries.

A number of legal aspects must be considered for the use of the Databases (these rules can vary according to the supplier).

Issues to be followed:

  • Data which is used within a piece of work must contain the name of the respective Database. When using Wharton Interface, also “Department of Banking and Finance” is to be cited.
    An example for Optionmetrics: "the Authors acknowledge the data from Optionmetrics which were obtained through Wharton Research Data Services (WRDS) and sponsored by the Department of Banking and Finance of the University of Zurich."
  • All Databases may be used by entitled users only. The various suppliers apply different rules.
  • Raw data material from the databases may only be published after permission by the supplier.
  • No data may be passed on to third parties.
  • Account details (login and password) not be passed on to any third party which also applies to co-authors!
  • Any commercial use of data is strictly prohibited (including private trading). Only academic use of the data is allowed.
  • The suppliers are not liable for the accuracy of their data.
  • For CRSO data furthermore applies:
    Any approved publication or dissemination (including by electronic means or in any other form) by Subscriber or its employees or consultants of the data contained within or information derived from the Data Files shall contain attribution to CRSP® and shall bear the words "Source: CRSP®, Center for Research in Security Prices. Graduate School of Business, University of Chicago. Used with permission. All rights reserved. crsp.uchicago.edu"

    This being the case, if you are going to use raw data in your paper you would need to submit this to CRSP first and obtain their approval. If you are just summarizing results from your research using the CRSP database, you can use the wording listed above. Once this is published you can send a copy to Matthew Frego (Matthew.Frego@crsp.ChicagoGSB.edu) and we will keep this in our files.