TheMarkets.com Signs 150 Research and Estimates Contributors
November 03 2008 - 4:27PM
PR Newswire (US)
Brokers to offer real-time and aftermarket research to the
thousands of clients of TheMarkets.com NEW YORK, Nov. 3
/PRNewswire/ -- TheMarkets.com, a leading provider of research,
estimates and workflow solutions to the buy-side, today announced
that over 150 brokers have signed contribution agreements with the
Company during the three months since it began its program to
accept research directly from brokers other than its owners. The
new contributing brokers include many of the world's largest
brokers. Based in 31 countries, these brokers cover thousands of
companies worldwide. "Over the years, TheMarkets.com has
continually received requests from brokers to take advantage of our
expansive research distribution network. The value we can deliver
as an established and fast-growing research platform has been very
compelling to brokers looking to have a wide reach while
maintaining control and transparency in the distribution process.
The demand among brokers to participate is even greater than we had
previously expected," said Amy Kadomatsu, Chief Product Officer of
TheMarkets.com. Brokers that have signed on so far include BMO
Capital Markets, Exane PNB Paribas, FBR Capital Markets*, ING,
Thomas Weisel Partners, and UniCredit, among many others.
Contributing brokers have access to a buy-side audience that
includes over 2000 asset managers, representing 21 of the 25
largest U.S. asset managers, 38 of the top 50 European asset
managers, and 75 of the top 100 hedge funds. "Our mandate at
TheMarkets.com has always been to provide a research-centric
platform that enables the buy-side to get the most out of research
in the least amount of time--and the sell-side to protect the value
of that research through our industry-pioneering research delivery
protocols. By building our own research and estimates offering,
we're excited to be extending these benefits to a broker audience
that has grown 15-fold in the past three months," said Kadomatsu.
About TheMarkets.com TheMarkets.com is a leading provider of
research, estimates, and workflow solutions to over 2000
institutional investment management firms worldwide. TheMarkets.com
is owned by: Banc of America Securities, LLC (NYSE:BAC), Citi
(NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB),
Dresdner Kleinwort, part of Dresdner Bank AG and a member of the
Allianz Group (NYSE: AZ), The Goldman Sachs Group (NYSE:GS),
JPMorgan Chase (NYSE:JPM), Merrill Lynch (NYSE:MER), Morgan Stanley
(NYSE:MS), UBS Investment Bank (NYSE:UBS), and Thomson Reuters
(NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq; TRIN). * Research provided
by Friedman, Billings, Ramsey & Co., Inc. CONTACT: Jasmine
Swann TheMarkets.com +1 212-812-4631 DATASOURCE: TheMarkets.com
CONTACT: Jasmine Swann of TheMarkets.com, +1-212-812-4631, Web
Site: http://www.themarkets.com/
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