RSRCHX changes institutional research 21 September 2015London Reporter: Stephanie Palmer
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RSRCHXchange has launched RSRCHX, an online marketplace for institutional research allowing asset managers to source and purchase research in a more transparent and efficient way.
The platform allows buy-side firms to access the marketplace free of charge, and uses a more advanced distribution tool to improve client reach, reduce the administrative burden and speed up payment terms.
Firms can search assets and purchase multi-asset and non-broker research on one single platform designed to work with existing workflow processes. They can also search aggregated content from various sources, and purchase the research they need quickly.
The system is designed to allow firms to manage and measure consumption, while maintaining confidence in the due diligence and compliance checks of all providers available.
Jeremy Davies, co-founder of RSRCHXchange, said: “The world of research provision and procurement is undergoing far-reaching, radical change. Not only is this an opportunity for the buy-side to re-evaluate existing research arrangements, as each piece of research will now need to be valued and paid for in an unbundled way; regulatory change also brings with it new opportunities for asset managers to access a wider range of truly independent research, irrespective of asset class, as and when they need it.”
Co-founder Vicky Sanders added: “We launched RSRCHX with the needs of the asset manager of the unbundled era in mind. We have been delighted with the uptake to date and are proud to have more than 50 research providers and a number of prominent buy-side clients on board even before launch, bringing valuable research content to the platform.”
“Our early success is very encouraging and testament to our belief that our model brings superior choice and availability of research for our institutional asset management clients. We believe that by delivering a smarter, better marketplace, this will drive greater innovation in research and an improvement in quality that ultimately benefits all.”
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