Liquidnet buys RSRCHXchange
May 13, 2019

Liquidnet, the global institutional investment network, says it has acquired RSRCHXchange, an aggregator of institutional research. Liquidnet says the buy supports its evolution as a global investment network and enables it to embed a new level of research and analytics into the global investment process. Liquidnet says it will now be able to deliver relevant, actionable insights directly to investment teams through the Liquidnet platform.

Says Brian Conroy, President of Liquidnet: "This acquisition brings the worlds of investment research and alternative data together in a fundamentally new approach to alpha creation. We can now support our Member firms across the entire investment spectrum - from idea to implementation.

"By adding RSRCHXchange to our already extensive network, we are taking another important step in our mission to intelligently connect the world's investors to the world's investments and leverage technology to add value to each stage of the investment process."

Launched in 2015, RSRCHXchange's research marketplace and distribution network digitizes massive amounts of content and provides a centralized, cloud-based hub that allows providers to deliver research, and asset managers to efficiently source it.

The RSRCHX platform applies analytics to personalize each user's experience and optimize content discovery, streamline workflows around investment research, and help offset the burden placed on fund managers by new regulations such as MiFID II (markets in financial instruments directive II).

As a result, research providers can better monetize the value of their research while buy-side firms can purchase the research they need, as and when they need it.

Says Vicky Sanders, Co-Founder of RSRCHXchange: "The investment research process has barely evolved in the past 20 years. RSRCHXchange was created to leverage technology-driven solutions to empower members of an investment team to efficiently access the most relevant research and market insight to help inform their investment decisions.

"Tapping Liquidnet's global resources will help us accelerate innovation, insert this critical insight into the investment process at the earliest stage possible, and seamlessly distribute it through the Liquidnet platform," added Jeremy Davies, Co-Founder of RSRCHXchange.

Approximately 400 research providers regularly contribute to the RSRCHX platform, with nearly 40 percent of the research coming directly from investment banks and sell-side brokers. To date, approximately 1,200 asset managers subscribe to the platform.

Sanders and Davies will continue to oversee the day-to-day operations of RSRCHXchange and work closely with the Liquidnet team to develop an integrated solution, reporting directly to Brian Conroy, Liquidnet's President.

NovitasFTCL acted as the exclusive financial advisor to RSRCHXchange.





This site, like many others, uses small files called cookies to customize your experience. Cookies appear to be blocked on this browser. Please consider allowing cookies so that you can enjoy more content across globalcustody.net.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

Liquidnet, the global institutional investment network, says it has acquired RSRCHXchange, an aggregator of institutional research. Liquidnet says the buy supports its evolution as a global investment network and enables it to embed a new level of research and analytics into the global investment process. Liquidnet says it will now be able to deliver relevant, actionable insights directly to investment teams through the Liquidnet platform.

Says Brian Conroy, President of Liquidnet: "This acquisition brings the worlds of investment research and alternative data together in a fundamentally new approach to alpha creation. We can now support our Member firms across the entire investment spectrum - from idea to implementation.

"By adding RSRCHXchange to our already extensive network, we are taking another important step in our mission to intelligently connect the world's investors to the world's investments and leverage technology to add value to each stage of the investment process."

Launched in 2015, RSRCHXchange's research marketplace and distribution network digitizes massive amounts of content and provides a centralized, cloud-based hub that allows providers to deliver research, and asset managers to efficiently source it.

The RSRCHX platform applies analytics to personalize each user's experience and optimize content discovery, streamline workflows around investment research, and help offset the burden placed on fund managers by new regulations such as MiFID II (markets in financial instruments directive II).

As a result, research providers can better monetize the value of their research while buy-side firms can purchase the research they need, as and when they need it.

Says Vicky Sanders, Co-Founder of RSRCHXchange: "The investment research process has barely evolved in the past 20 years. RSRCHXchange was created to leverage technology-driven solutions to empower members of an investment team to efficiently access the most relevant research and market insight to help inform their investment decisions.

"Tapping Liquidnet's global resources will help us accelerate innovation, insert this critical insight into the investment process at the earliest stage possible, and seamlessly distribute it through the Liquidnet platform," added Jeremy Davies, Co-Founder of RSRCHXchange.

Approximately 400 research providers regularly contribute to the RSRCHX platform, with nearly 40 percent of the research coming directly from investment banks and sell-side brokers. To date, approximately 1,200 asset managers subscribe to the platform.

Sanders and Davies will continue to oversee the day-to-day operations of RSRCHXchange and work closely with the Liquidnet team to develop an integrated solution, reporting directly to Brian Conroy, Liquidnet's President.

NovitasFTCL acted as the exclusive financial advisor to RSRCHXchange.



Free subscription - selected news and optional newsletter
Premium subscription
  • All latest news
  • Latest special reports
  • Your choice of newsletter timing and topics
Full-access magazine subscription
  • 7-year archive of news
  • All past special reports
  • Newsletter with your choice of timing and topics
  • Access to more content across the site

More on:  Asset management