The spotlight on sell-side research will shine a bit brighter in
late June when 12 leading investment banks officially roll out a
Web-based platform to facilitate the assessing and rating of
sell-side analyst performance.
MeritMark, as the platform is called, will be launched with, and
be available over, TheMarkets.com, where votes can be registered
starting at the end of this month, according to officials.
The consortium has company: Thomson Financial last week
announced the Thomson Extel Surveys' Internal Broker Review (IBR),
an online service for the buy side that compiles and collates
internal feedback, commentary and voting on the services received
from brokerage and research firms. The Web-based program follows
the approach of the annual Pan-European Extel Survey that dates
back to 1974. IBR is now available on the Extel Web site and is
scheduled to launch on the Thomson One platform in late 2007,
Thomson Financial said. |
