TheMarkets.com Forms Contributor Relations and Operations Division

Date : 07/07/2008 @ 4:32PM
Source : PR Newswire
Stock : Deutsche Bank AG (Germany) (DB)
Quote : 82.71  0.74 (0.90%) @ 8:00PM
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TheMarkets.com Forms Contributor Relations and Operations Division

Starts accepting research and estimates from brokers and independent research firms in addition to owners

NEW YORK, July 7 /PRNewswire/ -- TheMarkets.com, a leading provider of research, estimates and workflow solutions to the buy-side, announced today the formation of its global Contributor Relations and Operations Division. This division has been created to develop and manage relationships with brokers and independent research providers, and to deliver their research and estimates content directly to the Company's thousands of buy-side clients.

TheMarkets.com has been a distributor of real-time research from the world's leading investment banks since 2001, and has grown since its founding to serve over 2000 institutions in 46 countries. In 2003, TheMarkets.com began redistributing research and other content from hundreds of additional contributors through data feeds provided by third parties. At the request of many of these contributors, the Company is now accepting data feeds directly from contributors and offering them additional services from TheMarkets.com, including user-level entitlements control, of which the Company was an industry pioneer.

"Broadening our broker and independent research provider relationships, and distributing research and estimates content directly from these contributors to our subscribers is an important and exciting development for TheMarkets.com. We look forward to the continued growth of these relationships, as well as the teams that will be supporting them," said Amy Kadomatsu, Chief Product Officer.

The Company also announced the appointment of Peter Epstein to the position of Head of Contributor Relations, North America. Epstein is charged with building and managing the Company's relationships with North America-based brokers and independent research providers, and will be further expanding the Contributor Relations team headquartered in New York. The Company is also forming a team to be based out of its London office. Epstein has spent the past nine years working closely with brokers and other research providers in a sales capacity, both at Multex, where he formed and led the contributor relations efforts, and, since its acquisition of Multex in 2003, at Reuters America, where he was most recently Vice President, Head of Broker Relations.

"We are very pleased to welcome Peter to TheMarkets.com and our Contributor Relations and Operations group," said Kadomatsu. "We are confident that his outstanding knowledge of and reputation with brokers and other research providers, combined with our company's record of being a broker-friendly distribution platform, will allow us to aggressively grow the number of research and estimates providers we support and serve."

About TheMarkets.com

TheMarkets.com is a leading provider of research, estimates, and workflow solutions 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 Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq: TRIN).

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/

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