This Startup Wants to Change How Wall Street Shares Research
- Toronto's Street Contxt shows clients the hottest research
- Half of top 20 brokerages are testing service, company says
Building a Marketplace for Financial Reports
This article is for subscribers only.
For years, Wall Street research firms haven’t known for sure if clients are reading their analysts’ reports. Now a Canadian startup is bringing transparency to financial research.
Street Contxt, founded in 2012 and based in Toronto, helps analysts -- and their bosses -- track which clients are reading what. Figuring that out isn’t merely a feel-good exercise. The more clients read the analysis, the more the research firms can charge, at least theoretically. On the other side, brokerages that subscribe to Street Contxt can see what research is being most read and get reports from small firms they might not otherwise have access to.