TheMarkets.com Launches Broker Meeting Management Platform for the Buy-Side
09 Juin 2008 - 10:35PM
PR Newswire (US)
NEW YORK, June 9 /PRNewswire/ -- TheMarkets.com, a leading provider
of research, estimates and workflow solutions to the buy-side,
today announced the launch of a meeting management system that
enables buy-side professionals to manage and track the meetings
they set up through their brokers. The system is available as an
add-on to the Company's broker voting platform, MeritMark, or as an
independent workflow tool. The meeting manager streamlines the
process of handling meeting calendars, while enabling users to
track their feedback on broker meetings over time. It offers a
single view both of what the brokers have offered, as well as which
meetings have been attended. Key features of the system include: --
Historical and forward-looking calendar of broker event data --
Meeting data populated by direct feeds from the sell-side, taking
the onus off the buy-side to manage this data and automating the
calendaring process -- Function to manually add additional meetings
or upload them from Excel -- Ability to integrate meeting details
into calendar in Microsoft Outlook or Lotus Notes -- Historical
repository of meetings-both invited and attended-for client
reference and compliance -- Rating functionality, enabling the
buy-side to determine the value of meetings provided by their
brokers and to track this information over time -- Integration with
MeritMark; meeting ratings flow into the broker vote automatically
"We added the meeting management capability in response to client
feedback showing that this tool would provide significant
time-savings in the buy-side workflow," said Bryan Lewis, General
Manager of MeritMark. In a recent survey of the buy-side conducted
by TheMarkets.com, nearly 90% of 400 respondents from over 200
institutions indicated that this would be a valuable innovation.
"For individual users, the meeting manager streamlines the time
spent managing their calendars. At the same time, buy-side firms
are able to assess the overall value their brokers provide," said
Lewis. About MeritMark and TheMarkets.com MeritMark is the broker
vote standard developed by institutional investors, leading
investment banks, and TheMarkets.com. TheMarkets.com is a leading
provider of research and estimates services to over 2000
institutional investment management firms worldwide. TheMarkets.com
is owned by: Banc of America Securities, LLC (NYSE:BAC), Citi
(NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB),
Dresdner Kleinwort, part of Dresdner Bank AG and a member of the
Allianz Group (NYSE:AZ), The Goldman Sachs Group (NYSE:GS),
JPMorgan Chase (NYSE:JPM), Lehman Brothers (NYSE:LEH), Merrill
Lynch (NYSE: MER), Morgan Stanley (NYSE:MS), UBS Investment Bank
(NYSE:UBS), and Reuters (NASDAQ:RTRSYNASDAQ:LSE:NASDAQ:RTR). In
addition to the founding investment banks of TheMarkets.com,
MeritMark is also sponsored by Bear Stearns (NYSE:BSC). For more
information, visit http://www.themarkets.com/ or
http://www.meritmark.com/. Press Contact: Jasmine Swann
TheMarkets.com +1.212.812.4631 DATASOURCE: TheMarkets.com CONTACT:
Jasmine Swann of TheMarkets.com, +1-212-812-4631, Web site:
http://www.themarkets.com/ http://www.meritmark.com/
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