Investment Technology Group has made a strategic investment in Disclosure Insight, Inc., a provider of independent research and due diligence to the institutional investment community. This is ITG’s first move into the research business and is part of a plan to expand its content offerings to institutional investor clients.
Disclosure Insight assesses risk at publicly traded companies. Its core product, D.I. Report, saves institutional investors time by summarizing 100 different risk factors found over a five-year period. This report includes undisclosed SEC activity, accounting/auditor problems; unusual capital markets events; and stability of the board and executive suite.
Under terms of the investment ITG will be the exclusive distribution channel to large institutional investors Disclosure Insight research. According to ITG, the DI research will complement ITG’s existing decision support and research tools, including economic forecasts and advanced work on transaction cost analysis (TCA) and portfolio optimization.
“Our partnership with Disclosure Insight enables us to provide additional value-added content to our clients,” commented Bob Gasser, CEO and President of ITG,” in the release. “This unique research offering bolsters ITG’s commitment to our clients throughout their investment process, from research and decision support to superior execution and post-trade analytics. Their product is consistent with ITG’s historical research focus on providing unique insight grounded in rigorous analysis,” stated Gasser.
John Gavin, CEO of Disclosure Insight, also commented on the partnership, “With ITG we get the capital needed to rapidly expand our library of companies under coverage, the benefit of ITG’s deep relationships within the global institutional investment community, and the comfort in knowing our partner is free of the conflicts that can compromise analytical integrity.”
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio