NEW YORK, Oct. 28 /PRNewswire/ -- TheMarkets.com, a leading provider of research, estimates and workflow solutions to the buy-side, today announced that over 550 brokers have agreed to deliver their content to the Company's global network of research and estimates clients. TheMarkets.com is used by over 2400 investment management firms in 51 countries worldwide.
Over the last six months, TheMarkets.com added 350 brokers to its already vast contributor offering, and now distributes research from brokers in 56 countries across the globe. Contributing brokers have access to a buy-side audience that includes 21 of the 25 largest U.S. asset managers, 39 of the top 50 European asset managers, and 73 of the world's largest 100 hedge funds.
"We have focused our efforts on the sell-side research providers our clients most value and demand," said Amy Kadomatsu, Chief Product Officer of TheMarkets.com. "And, those brokers have seen significant value in distributing their content to our customers on our award-winning research product. We are at least twelve months ahead of where we anticipated we'd be with brokers, which is a testament to the quality of our platform for research distribution."
TheMarkets.com now plans to augment its broker content by adding independent research providers to its platform. "Based on client requests and contributor interest, we plan to begin to add a select offering of high-quality independent research to our platform over the coming months, enabling independent research providers to reach a leading distribution network of top-tier buy-side readers," said Kadomatsu.
TheMarkets.com is an award-winning provider of research, estimates, and workflow solutions to over 2400 institutional investment management firms worldwide. TheMarkets.com is owned by: Bank of America Merrill Lynch (NYSE: BAC), Citi (NYSE: C), Credit Suisse (NYSE: CS), Deutsche Bank (NYSE: DB), Dresdner Kleinwort, the commercial and investment banking division of Dresdner Bank AG, The Goldman Sachs Group (NYSE: GS), JPMorgan Chase (NYSE: JPM), Morgan Stanley (NYSE: MS), UBS Investment Bank (NYSE: UBS), and Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; Nasdaq: TRIN).