Business News
TheMarkets.com Appoints Head of Contributor Products and Operations
2008-08-04 15:00:00
TheMarkets.com Appoints Head of Contributor Products and Operations
NEW YORK, Aug. 4 /EMWNews/ -- TheMarkets.com, a leading provider of research, estimates and workflow solutions to the buy-side, announced today that David Krzemienski has been appointed Head of Contributor Products and Operations. For the past five years, the Company has distributed research from hundreds of brokers to leading investment management firms worldwide. While this research has largely been distributed under third-party distribution agreements, the Company recently announced that it has begun receiving content directly from brokers other than its eleven owners. Based in the Company's New York headquarters, Krzemienski and his new team are charged with building the organization and maintaining the software that will support the brokers in integrating their content sets into the Company's suite of products for investment managers. TheMarkets.com has long been a leader in providing unique services to the sell-side, including being the industry pioneer in establishing user-level research entitlements control over seven years ago. "TheMarkets.com is looking forward to expanding the group of contributors we serve through our unique broker-friendly services," said Krzemienski. "We already have in place a pain-free feed integration process to get new contributors up and running as quickly as possible. I look forward, through this new role, to expanding the benefits of our system to additional contributors," he said. Since its founding, TheMarkets.com has been an active participating member of RIXML.org (Research Information Exchange Markup Language), the consortium of buy-side and sell-side firms that established an open standard for investment and financial research. Jack Roehrig, Executive Director of RIXML.org, said, "From its inception, TheMarkets.com has been an important member of RIXML.org and an active contributor in advancing our research standard, making it an ideal choice for brokers seeking a leading research distribution partner." TheMarkets.com is also an active member of the industry's Research Entitlements Consortium. "Our entitlements system provides the flexibility and transparency the contributor community has been asking for," said Krzemienski. "Through our system, contributors can completely manage which clients have access to which content. And this enables TheMarkets.com to better serve our buy-side clients by delivering premium content such as earnings models in Excel via a fully entitlement-compliant, online platform." Krzemienski has served as Vice President of Technology at the Company since he joined in 2003. Prior to that, he was the senior project manager on the TheMarkets.com project during its incubation at Sapient Corporation. David Eisner, CEO and President of TheMarkets.com, said, "Dave has been a significant contributor to TheMarkets.com since our founding. We are delighted that he has stepped up once again to a large new leadership role in our service to our broker partners. He and his team will guide our efforts as we continue to lead the industry in building and enhancing broker tools that significantly exceed standards for tagging, entitlements control, and other broker requirements, while we work to establish direct relationships with content providers."
About TheMarkets.com TheMarkets.com is a leading provider of research, estimates, and workflow solutions 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 Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq; TRIN).
CONTACT: Jasmine Swann TheMarkets.com +1 212-812-4631 [email protected]
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