Efficiently Managing your
Most Important Source of
Most Important Source of
Everyone, irrespective of their industry or role wants to be fully prepared for meetings to ensure they are a valuable use of all the participants time. This is especially true of Investor Relations teams who are often managing one of their company’s most important resources - senior management’s time.
For IR teams, being fully prepared for investor meetings typically means having all the details from prior meetings, answers to any questions that have been previously raised and an overall understanding of what the investor cares about. Shareholding data and generic investor profiles sourced from vendors only go a small part of the way to providing what is needed to maximize the value of a meeting - real investor intelligence comes from the notes that IR teams diligently create after each meeting and build up over a number of years.
This is the database that informs IR teams of the key concerns an investor has about the company and the triggers for them to increase their shareholding - intelligence that can only be obtained after 1x1 meetings or calls with investors. Yet, despite the importance of these notes, from speaking with IRO’s it is clear that too much time is being spent in existing systems trying to manage this information and valuable insights are being lost due to the difficulty in extracting key details from the mass of information.
Adding a meeting note function is one of the most popular feature requests we get from our users which tells us that existing solutions for managing this process are not delivering the value that IR teams need. Armed with this feedback, we have been working with IRO’s to build something that improves the way notes can be used, ensures key insights are immediately accessible and brings efficiency to the whole process.
We will be releasing three features in the coming months that will deliver a simple solution for taking and using notes intelligently and help IR teams to fully maximize the value of the investor intelligence they collate.
When creating a note, every dimension is automatically stored against the note (event, meeting type, location, date and time, meeting participants, who created the note and when etc.) with the added option to add relevant tags - Enabling powerful search and providing the tools to always find the information you need.
IR teams can filter their complete database of investor intelligence by any criteria to pull out individual or groups of notes to find common themes. Want to view all notes related to Hedge Funds who are Shareholders and based in North America, or which investors have highlighted dividends as an area of interest - Key insights are at your fingertips.
WeConvene Individual Pages are your single repository of information on an investor with easy access to each investors contact information, biography, meeting history, calls, meeting invites sent and notes added - Every detail is automatically recorded and aggregated for a complete investor profile, accessible in a single click.
WeConvene is a global, independently owned web-based platform that automates corporate access consumption and evaluation for the investment community. Events large and small directly impact investment strategies and WeConvene provides value to buy-side, sell-side and corporate organizations by enabling efficient discovery, booking and tracking of meetings. To learn more, visit us at www.weconvene.com or request a demo.
More News & Resources
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The Unsustainable Mismatch in Pricing for Corporate Access
The operating model for Corporate Access delivery has remained relatively unchanged since its inception as a service, but post-MiFID II the traditional providers of corporate access (the sell side) are realizing they need to perform a radical review of their corporate access offerings to ensure the business remains viable and sustainable. This will have far reaching implications for the entire corporate access ecosystem and result in it looking very different in 12-18 months time - something that will also have a significant knock-on effect for Investor Relations (IR) teams.
Bloomberg and WeConvene Announce New Partnership
Today, Bloomberg and WeConvene announced plans to centralize corporate access events on the Bloomberg Professional service. By partnering with WeConvene, a provider of web-based tools that streamline the corporate access process for the global investment community, Bloomberg will distribute events on a permissioned basis to its network of investment professionals.
MiFID II: The New Reality for Investor Relations
A tremendous amount of work has been done on both the buy and sell side, quantifying, implementing and testing new technology and processes in an effort to comply with the MiFID II regulatory requirements. One group of MiFID II stakeholders however, still seems to have its collective head in the sand: Investor Relations Teams. In this whitepaper we examine the new reality of a post-MiFID II world for Investor Relations teams and what they need to prepare for.