BNY ConvergEx Group Launches Independent Research Service

By Tim Clark, Wall Street & Technology

BNY ConvergEx Group , a provider of agency brokerage and investment technology solutions, recently launched Jaywalk 360, a research service designed to deliver in-depth analysis from its BNY Jaywalk Independent Research Provider (IRP) network.BNY Jaywalk operates a growing, worldwide network of more than 150 IRPs who actively cover nearly 7,000 equity securities. Through a dedicated Jaywalk 360 coverage team, BNY ConvergEx Group clients receive customized research that is matched to each client's unique investment parameters and individual areas of interest. Real-time monitoring of IRP recommendations and performance by the Jaywalk 360 coverage team drives research from IRPs directly to the client.

"Our institutional clients are constantly looking for the best content while being challenged by information overload on a daily basis," said John D. Meserve, president of BNY Jaywalk, in a release. "With Jaywalk 360, our clients receive customized independent research coverage through a dedicated research team that delivers innovative ideas based solely on our clients' individual interests."