Nasdaq Launches ConnectIR™
For Investor Relations Professionals
May 8, 2019
New Solution Leverages WeConvene Technology to Simplify Investor and Analyst Engagement
NEW YORK, May 08, 2019 -- Nasdaq, Inc. (Nasdaq:NDAQ), today announced the launch of ConnectIR, a new solution designed to simplify capital markets stakeholder engagement for investor relations (IR) professionals. ConnectIR will be available as a supplementary service to Nasdaq IR Insight©, Nasdaq's award-winning IR technology platform trusted by 3,000 public companies listed on all major exchanges, allowing IR professionals to seamlessly communicate and schedule meetings with the buy-side and sell-side directly from the platform.
ConnectIR leverages technology from WeConvene, one of the industry's largest investor access platforms, which will integrate within Nasdaq IR Insight. Users will notice a unified workflow that streamlines engagement and scheduling for all investor access-related events, including: regular shareholder meetings, analyst days, investor days, earnings calls, ESG meetings, non-deal roadshows and industry conferences. ConnectIR is designed to supplement traditional corporate access activities.
Companies are interacting directly with investors and analysts now more than ever before, and we are taking the lead to help corporate clients adapt to this changing environment with the latest technology,” said Nelson Griggs, President of the Nasdaq Stock Exchange and Executive Vice President of Corporate Services, Nasdaq. “Our aim with ConnectIR is to offer an efficient method of communication that eliminates any friction with scheduling meetings and other activities with the buy- and sell-side, thereby freeing up more time for users to maximize the effectiveness of their strategic IR initiatives.”
IR teams will be able to enhance traditional investor targeting strategies by combining Nasdaq IR Insight, ConnectIR, and the consultative services of Nasdaq's experienced team of Strategic Capital Intelligence analysts who provide actionable intelligence on investor targets through an evidence-based methodology. The ConnectIR enhancement also comes as the IR community is adapting to critical market and regulatory changes, such as MiFID II, which are driving the need for more direct channels of communication between the IR and investment communities.
WeConvene's investor access platform connects all capital markets constituents, so we are excited to be the enabling technology used by Nasdaq's ConnectIR solution, which will extend connectivity between the buy-side, sell-side and IR professionals,” commented Radek Barnert, CEO of WeConvene. “WeConvene's technology makes the creation, execution, distribution and booking of investor meetings as easy as booking a restaurant reservation, giving all capital markets participants more time to focus on more valuable activities.”
Nasdaq has a long history of partnering with corporate clients through our software and consultative IR services to support their capital markets engagement and IR workflow,” said Brian Reynolds, Vice President of IR Intelligence, Nasdaq. “By combining Nasdaq's technology with WeConvene, ConnectIR allows us offer the latest solution to address the new demands and opportunities within the IR community.”
To learn more about Nasdaq IR Intelligence and subscribe to ConnectIR, please visit: https://nq.nasdaq.com/connectir-learn-more.
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $14 trillion. To learn more, visit: http://business.nasdaq.com.
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
How to Manage Complex Events the Easy Way
Putting together an event schedule is always a time consuming process. Aligning meeting participant’s availability; deciding locations; making sure meeting rooms are available; factoring in travel time and then trying to get the right investors into meetings is rarely a straightforward process. But after speaking with hundreds of event organizers across the corporate access and investor relations space, two types of events are specifically highlighted as causing a scheduling headache:
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.
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.