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HSBC invests in investment research technology firm Visible Alpha

Published 23 March 2018

Investment research technology firm Visible Alpha has announced HSBC as a new investor.

Visible Alpha raised $38m in January with participation from new investors Goldman Sachs, Banco Santander, Exane BNP Paribas, Macquarie Group, Royal Bank of Canada and Wells Fargo, as well as additional investment from Visible Alpha’s founding investors, Bank of America, Citi, Jefferies, Morgan Stanley and UBS.

Visible Alpha is using the investment proceeds to continue to drive its explosive growth and leadership position in delivering transparent, efficient and alpha generating investment research solutions to its clients and helping them meet the research valuation and budgeting requirements of MiFID II.

More than 450 research providers are now actively participating on the platform, along with over 100 buy-side firms with a combined AUM of $16 trillion. In addition to investing in Visible Alpha, HSBC will be adding its research analyst models to the Visible Alpha Insights platform and contributing to Visible Alpha Consensus Data.

With the formation of an Advisory Board, Visible Alpha will seek guidance from the global financial institutions that have invested in the company to ensure product development is focused on the specific needs and regulatory requirements of its clients.

HSBC Research Global Head and Advisory Board member David May said: “Visible Alpha has rapidly become a leader in helping both the buy side and the sell side overcome the myriad of challenges involved in creating and disseminating investment research. We look forward to working with them to provide a valuable service to our clients.”

Visible Alpha CEO Scott Rosen said: “We are pleased that HSBC embraces our vision for the future of institutional research and appreciates the ability of our platform to enhance the gathering of insights from their analysts’ underlying company forecasts and assumptions.

“We are committed to improving the value of communication between all market participants and helping investors find unique insights into the future performance of companies.”

Source: Company Press Release