OBTAIN THE BEST QUALITY RESEARCH
EFFICIENTLY IN A MIFID II WORLD
Thomson Reuters Buy-Side Research Solutions
With research and execution services becoming unbundled as part of the upcoming MiFID II regulations,
buy-side firms will be required to select and pay for the research they consume. This change puts the onus
on your firm to uncover the most relevant information, analyze its quality and value, and pay for it in a
budget-restrained environment. Thomson Reuters provides the means to efficiently streamline the process.
COST-EFFECTIVELY MANAGING RESEARCH CHOICES
MiFID II’s disclosure requirements will limit the amount of research fees that can be passed along to
investors, increasing your firm’s costs and reducing margins. With that in mind, research expenditures
will require careful consideration.
Choice in research is almost unlimited, but quality and price vary greatly. As the largest aggregator of
real-time research in the world, we serve up a comprehensive listing of research so you’re able see a full
menu of choices, understand pricing and request the entitlements required to gain the best research to
meet your needs. Currently, nearly 1,300 brokers and independent research providers actively contribute
research and estimates covering more than 90 countries. Growth in contributors has steadily increased
around the world, with weightings toward emerging markets.
Thomson Reuters research solutions facilitate MiFID compliance for the buy-side
OBTAIN THE BEST QUALITY RESEARCH EFFICIENTLY IN A MIFID II WORLD
IMPROVED SEARCH AND DISCOVER
SUPPORTS ALPHA GENERATION
Thomson Reuters Eikon powerful search and discover tool
The ability to search for and discover new
research quickly is critical to generating
alpha. The new search and discovery
application on Thomson Reuters Eikon
enables:
• Keyword and search by subject, topic
and related synonyms linked across
all research, transcripts, press releases
and news
• At-a-glance selection, with all sources,
highlighted text and content presented
by relevance in a results viewer
• Analysis that identifies market sentiment
based on themes or industry subjects
in seconds, increasing value of research
that otherwise may not have been
discovered
INTELLIGENT TAGGING SUPPORTS DISCOVERABILITY
Big data challenges and the management of unstructured data
can limit the value of research due to the volume and noise of
information. By uploading all proprietary, third party and Thomson
Reuters content through our Intelligent Tagging service, users
can quickly and easily identify all relevant and related search
information by company, people, event and location.
analyst accuracy as well as relative analyst ranking by security and
sector. Part of our proprietary StarMine investment analytics, our
Analyst Score Card and rankings help you make or justify broker
selection decisions by:
• Weighting buy, sell and hold recommendations and earnings
forecasts
• Creating a relative and absolute excess return calculation
OBJECTIVELY ASSESS ANALYST QUALITY
• Assess performance by star rating vs. peer
To help make research-provider choices and to meet regulator and
client requirements justifying expenditures, assessing research
quality and value is critical. Thomson Reuters Eikon provides an
unbiased sell-side analyst performance evaluation focusing on
Relative performance assessment can help identify analyst value
based on performance relative to their sector and security peers.
• View absolute and relative/excess return at a stock level
Analyst Score Card rankings on Eikon assess accuracy and relative performance
Analyst
Recommendation
Ranking detailed
with star rating
Analyst Estimate
Ranking detailed
with star rating
Analyst Score
Card access to
contact details and
performance
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OBTAIN THE BEST QUALITY RESEARCH EFFICIENTLY IN A MIFID II WORLD
MEASURE VALUE THROUGH USAGE ASSESSMENT
Knowing how research is used within your organization can help
you measure its value and relevance, and aid in discussions
with sell-side firms. Thomson Reuters enables you to track
usage by enterprise, departments or individual buy-side analyst
consumption. Research usage can be assessed either at sell-side
analyst level or at a broker level versus peers, and you can control
the period being assessed to monitor usage changes.
In addition, if you use the Eikon platform to host your own
proprietary research and distribute it within your firm or to external
partner firms, you can track its usage alongside that of third party
content. This can help you gain an understanding of the strengths
of your internal research — and know where your firm relies on
outside perspective. You can also learn how each professional or
team uses information, where it comes from and what the cost is.
Eikon provides valuable research consumption information and reporting
EFFECTIVELY EVALUATE YOUR FIRM’S ANALYSTS
Cost pressures due to MiFID II and increased competition will put greater focus on whether research value and
consumption translate into better performance. Thomson Reuters Eikon includes extensive portfolio analytics
functionality to help you evaluate absolute, relative and total return results and assess the performance of
your analysts.
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OBTAIN THE BEST QUALITY RESEARCH EFFICIENTLY IN A MIFID II WORLD
Thomson Reuters can help you comply with changing research regulations.
To learn more, contact your account manager or visit us online at mifidii.thomsonreuters.com
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