The number of research providers available on the RSRCHXchange RSRCHX platform has doubled since it launched just over a month ago.
The platform, which launched at the end of September, provides institutional research content to buy-side asset management firms, and now has more than 100 providers on board, including economic, strategy and equity research firms, consultants, and market research companies.
An online environment allows asset managers to access research on a one-off purchase or subscription basis, and is intended to modernise the was users interact with research, moving away from research distribution and procurement.
The platform can also help asset managers to stay ahead of regulatory change, while improving client reach and reducing the administrative burden.
Providers include specialists in commodities, European online retail, global liquidity flows and the financial technology sector, many of which are offering content to asset management firms for the first time. All providers have to complete an onboarding process including a compliance questionnaire.
Vicky Sanders, co-CEO of RSRCHXchange, said: “We are delighted to see such great momentum in our provider numbers. It’s our aim to bring to our fund management clients a centralised, searchable access point for research from the leading providers with whom they have existing relationships.”
Co-CEO Jeremy Davies added: “The business case for more discerning research procurement practices, setting research budgets and measuring consumption, is certainly there. We see both users and providers of research making changes today, ahead of regulatory deadlines, because it makes business sense.”
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