Liquidnet Expands Research with RSRCHXchange Acquisition

Liquidnet, the global institutional investment network, announced it has acquired RSRCHXchange, a leading marketplace and aggregator for institutional research. The acquisition enables it to embed a new level of research and analytics into the global investment process. Liquidnet will now be able to deliver relevant, actionable insights directly to investment teams throughout the Liquidnet platform. Following its acquisition of OTAS Technologies in 2017, Liquidnet has focused on integrating AI-powered decision support and analytics into its institutional execution technology. By combining RSRCHXchange’s technology, research, and distribution with Liquidnet’s AI-based analytics platform, Liquidnet can help its network of asset managers revolutionize the way they source, access, evaluate, and act on data and insights to enhance investment decisions and generate alpha. Launched in 2015, RSRCHXchange’s research marketplace and distribution network digitizes massive amounts of content and provides a centralized, cloud-based hub that allows providers to deliver research, and asset managers to efficiently source it. Approximately 400 research providers regularly contribute to the RSRCHX platform, with nearly 40% of the research coming directly from investment banks and sell-side brokers. To date, approximately 1,200 asset managers subscribe to the platform.