BNY ConvergEx Group, LLC, a provider of agency brokerage and investment technology solutions, has launched Jaywalk 360SM, a new independent research service designed to deliver the best and brightest ideas and analysis from its BNY Jaywalk Independent Research Provider (IRP) network.
Jaywalk 360 is a unique, proprietary service for institutional investors that provides access to IRPs that collectively offer the most comprehensive and in-depth coverage of equity securities available to the marketplace. BNY Jaywalk operates a growing, worldwide network of more than 150 IRPs who actively cover nearly 7,000 equity securities. IRPs maintain broad areas of expertise, including fundamental evaluation, forensic accounting, channel checking, multi-factor fundamental modeling, macro-strategy analysis, technical research and more.
Through a dedicated Jaywalk 360 coverage team, BNY ConvergEx Group clients receive customized research that is matched to each client’s unique investment parameters and individual areas of interest. Real-time monitoring of IRP recommendations and performance by the Jaywalk 360 coverage team drives research from IRPs directly to the client. Utilising proprietary screening technology and performance measurement tools, the Jaywalk 360 service offers clients the discovery, evaluation and introduction to highly valuable IRPs.
“We are extremely pleased to provide our clients with the new Jaywalk 360 service,” says Joseph M. Velli, Chairman and CEO of BNY ConvergEx Group. “This unique, innovative offering is designed to deliver performance-driven results, customised to each client’s specific research needs and requirements. The Jaywalk 360 service is another example of our dedication to providing added value to our clients and represents our firm commitment to leverage our capabilities and expertise in the expanding independent research arena.”
“Our institutional clients are constantly looking for the best content while being challenged by information overload on a daily basis,” adds John D. Meserve, the President of BNY Jaywalk. “With Jaywalk 360, our clients receive customized independent research coverage through a dedicated research team that delivers innovative ideas based solely on our clients’ individual interests.”