RSRCHXchange and Substantive Research expand integration to include payment for research

London - 6 June 2017

RSRCHXchange, the MiFID II research aggregator and marketplace for institutional research, today announces the expansion of their partnership with Substantive Research, curator of macroeconomic investment research. This latest integration phase means that Substantive ResearchMatch Curations are now integrated into the RSRCHX platform, enabling clients to seamlessly move from research curation to purchasing subscriptions and reports.

The Substantive ResearchMatch Curation service highlights must-read publications by banks and independent providers on a given theme, and hunts for research outside a portfolio manager's core providers that matches their current needs and preferences. ResearchMatch Curation combines technology and human expertise to curate at an individual portfolio manager level, ensuring there is a match by style and process as well as relevance.

The collaboration will now enable Substantive’s fund management customers to quickly and easily purchase the research content best suited to them via one exclusive, single connection to the RSRCHX platform. Meanwhile RSRCHX users who opt into ResearchMatch will benefit from content curation, simplifying the discovery of research that matches their investment style and needs.

Mike Carrodus, Founder and CEO at Substantive Research said: “The research needs of each portfolio manager vary dramatically depending on their personal preferences and expertise. Our ResearchMatch Curation service takes them to relevant and high quality research whilst also matching by process and style. Working with RSRCHXchange is a great way to give them direct access to purchase that research.”

Vicky Sanders, Co-CEO, RSRCHXchange, commented: “With just seven months left before MiFID II unbundling comes into effect, clients are struggling with research pricing and ensuring that they subscribe to the right providers in time for the deadline next year. Our collaboration with Substantive provides a solution to these issues.”

Jeremy Davies, Co-CEO, RSRCHXchange, added: “This latest development in our partnership programme further improves the user experience and will enable their customers to procure their research via RSRCHX. Our network continues to grow, with some of the largest global asset managers and banks  joining over 1,000 asset managers already on the RSRCHX platform and we expect to accelerate further client onboarding as we approach the January 2018 MiFID II deadline.”

RSRCHXchange is the MiFID II research aggregator and marketplace for institutional research, a purpose-built unbundling solution.  Designed in consultation with asset management institutions and research providers, the RSRCHX platform enables asset management firms to read, purchase and monitor research services from banks, brokers & boutique providers in a more efficient and transparent way. RSRCHXchange was launched in 2014 by an experienced industry team and has grown its user base to over 1,000 buyside firms and over 200 research providers. 

Substantive Research provides independent valuation, sourcing and comparison data on research providers to ensure compliance and make budgets work harder for portfolio managers’ needs. Substantive curates and distributes tailored briefings for portfolio managers that summarise and highlight the best investment research for their process, whilst also providing automated independent data solutions that complement and complete firms’ research valuation processes. Publications are ranked by an internal methodology which can be tailored to each portfolio manager’s priorities, as well as to the comparison and valuation needs of operational and compliance functions. Substantive’s provider base spans over 50 banks and 150 independent research providers. 

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