Wachovia Securities Joins Group of Brokers Offering TheMarkets.com's Broker Vote Program
2008年5月20日 - 5:22AM
PRニュース・ワイアー (英語)
NEW YORK, May 19 /PRNewswire/ -- TheMarkets.com, a leading provider
of research, estimates and workflow solutions to the buy-side,
announced today that Wachovia Securities has joined other leading
sell-side firms to include TheMarkets.com's broker vote platform,
MeritMark, in its service offering to clients. Clients of Wachovia
Securities can now provide feedback through the only web-based
broker evaluation program designed by and for institutional
investors and sponsored by a growing consortium of brokers.
Buy-side participants in MeritMark fill out a single survey to
evaluate multiple brokers across the spectrum of sell-side
personnel and services. Currently deployed at buy-side firms around
the world, the web-based platform is customizable to the
requirements of every client firm and is scalable across office
locations, with no consulting fees. MeritMark, on delivery to the
user, is pre-populated with data for nearly 700 brokers,
independent research firms and service providers, and over 16,000
professionals at these firms. "We are thrilled that Wachovia
Securities has chosen to join our network of brokers taking the
lead to serve the buy-side better," said Bryan Lewis, General
Manager of MeritMark. "TheMarkets.com has, from its inception, been
dedicated to creating new efficiencies in the relationship between
the buy- and sell-sides. MeritMark is a critical part of that
mandate, and one that an increasing number of brokers are enlisting
to build their service to the buy- side. As it joins this group of
dedicated brokers, Wachovia Securities becomes part of a leading
community dedicated to serving the buy-side better." The growing
list of brokers collecting votes through MeritMark includes Bank of
America, Bear Stearns, Citi, Credit Suisse, Deutsche Bank, Dresdner
Kleinwort, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch,
Morgan Stanley, UBS Investment Bank and Wachovia Securities. About
MeritMark and TheMarkets.com MeritMark is the broker vote standard
developed by institutional investors, leading investment banks and
TheMarkets.com. TheMarkets.com is a leading provider of research
and estimates services 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 Reuters
(NASDAQ:RTRSYNASDAQ:LSE:NASDAQ:RTR). In addition to the founding
investment banks of TheMarkets.com, MeritMark is also sponsored by
Bear Stearns (NYSE:BSC) and Wachovia Corporation (NYSE:WB). For
more information, visit http://www.themarkets.com/ or
http://www.meritmark.com/. About Wachovia Corporation Wachovia
Corporation (NYSE:WB) is one of the nation's largest diversified
financial services companies, with assets of $808.9 billion and
market capitalization of $53.8 billion at March 31, 2008. Wachovia
provides a broad range of retail banking and brokerage, asset and
wealth management, and corporate and investment banking products
and services to customers through 3,300 retail financial centers in
21 states from Connecticut to Florida and west to Texas and
California, and nationwide retail brokerage, mortgage lending and
auto finance businesses. Globally, clients are served in selected
corporate and institutional sectors and through more than 40
international offices. Our retail brokerage operations under the
Wachovia Securities brand name manage more than $1.1 trillion in
client assets through 18,600 registered representatives in 1,500
offices nationwide. Press Contact Jasmine Swann TheMarkets.com +1
212-812-4631 DATASOURCE: TheMarkets.com CONTACT: Jasmine Swann,
TheMarkets.com, +1-212-812-4631, Web site:
http://www.themarkets.com/ http://www.meritmark.com/
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