Best Research Provider: BlueMatrix
Inside Market Data & Inside Reference Data Awards 2019
In past years, many of these awards were taken home by a small number of the largest data providers. This year—reflecting today’s diverse financial information ecosystem—there are some inaugural recipients, including the winner of the Best Research Provider award, BlueMatrix.
BlueMatrix’s position in the market is neutral, and it follows the founders’ vision for the equitable exchange of investment insights, connecting asset and wealth managers with close to 1,000 research firms across more than 50 countries.
“When we started in 1999, there was a need to automate the production of research, which was cumbersome and labor-intensive. Sending research was manual and was done with a different interface for each aggregator,” says Patricia Horotan, co-founder of BlueMatrix. “Our initial clients were tier two and investment banks, and boutique and independent research firms, and we helped these smaller firms compete with the bulge-bracket players. They could write the research and distribute it just as fast but spend less money doing this, and this is how we grew.”
BlueMatrix provides a suite of services and tools for the publication, dissemination, consumption and evaluation of investment insights. Reports are automatically formatted for preselected outputs such as PDF or HTML5, which can be custom-designed to showcase a company’s brand, and simultaneously distributed via email to aggregated research vendors and internal libraries for browser and mobile accessibility. Distribution has been built into the process through the platform’s customer relationship management (CRM) capabilities or via integration with a client’s preferred CRM system, and users can protect their intellectual property through controlled distribution that restricts accessibility and forwarding on a case-by-case basis, while showing readers’ identities.
BlueMatrix completes the feedback loop with real-time readership data that analysts can use to drive future research. The built-in analytics module features an interactive dashboard with granular insights and trends about who is reading the research, who is disengaged, and the most popular analysts, reports and regions.
Regulation such as the second Markets in Financial Instruments Directive (Mifid II), which requires research to be priced separately from execution, has boosted the use of BlueMatrix’s platform, Horotan says. “Buy-side firms have to show investors what they are consuming. They want to track and lock down the consumption of research and can use our platform to do this. On the sell side, Mifid II has fueled a more competitive environment, and our distribution and readership—plus the ability to use our readership data to help quantify the value of their research—has become more of a must-have than a nice-to-have for sell-side and niche research providers.”
Read more about the Inside Market Data & Inside Reference Data Awards 2019 winners
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Women in Technology & Data Awards 2024: All the winners
WatersTechnology honored the winners of the 36 categories in the 2024 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on International Women's Day on March 8.
AFTAs 2023: Best new technology introduced over the last 12 months (data & data services)—SS&C Aloha
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
AFTAs 2023 winner's interview: CompatibL
CompatibL won Best new technology introduced over the last 12 months (AI & machine learning) in the 2023 American Financial Technology Awards.
AFTAs 2023 winner's interview: Northern Trust
Northern Trust won Best reporting initiative in the 2023 American Financial Technology Awards.
Best overall technology provider for 2023 winner’s interview: BlackRock
BlackRock won Best overall technology provider for 2023 in the recent Buy-Side Technology Awards
S&P Global: Delivering quality data faster to private market managers
S&P Global Market Intelligence won Best buy-side managed data service at the Buy‑Side Technology Awards 2023. Kevin Guy, head of iLEVEL Managed Data Services at S&P Global, discusses the service, its benefits and key differentiators.
S&P Global’s EDM platform continues its evolutionary course
S&P Global Market Intelligence won the Best buy-side data management product category at the Buy-Side Technology Awards 2023 thanks to its successful EDM offering. Neslihan Yegul, Emea head of commercial strategy for software solutions at S&P GMI,…
Most read
- Women in Technology & Data Awards 2024: All the winners
- Man Group’s proprietary data platform is a timesaver for quants
- Dark horse: Deutsche Börse building dark pool