WeConvene introduces functionality to
address Earnings Call challenges
address Earnings Call challenges
New York, July 2018 — WeConvene the largest meeting platform for the capital markets community today announces the introduction of new functionality designed to help streamline the earnings call preparation and management process for public companies, the C-Suite, Investor Relations professionals, investors and sell-side analysts.
Announcing the new earnings call features, CEO Radek Barnert stated,
“more than 97% of public companies host quarterly earnings calls, but publishing dial-in details and waiting for participants to join without knowing who is joining, is far too reactive with no transparency for the issuer. WeConvene’s new functionality makes earnings calls easy to organize but more importantly removes the anonymity prior to the event”.
From today WeConvene IR platform customers (including IR Officers and IR Firms) will have the ability to:
- Create earnings call invitations which can be easily booked by invited participants;
- Publicize the earnings call to the world’s largest buy-side audience via Bloomberg EVTS;
- Improve participant vetting and remove attendee anonymity via a simple booking process;
- Utilize information about participants to better prepare the earnings call script and Q&A responses;
- Provide a registered attendee list to the C-Suite ahead of the earnings call;
- Include meeting notes for post call analysis and discussion with the C-suite; and
- Distribute post call transcripts to participants via the WeConvene platform.
These new features will benefit buy-side and sell-side participants because the process for booking into the earnings call is streamlined, just like booking a restaurant, so that once booked, all details are automatically placed in the participant’s calendar.
“Soon, gone will be the days where IROs fret about hosting earnings calls, managing the attendees and ensuring timely follow up. This is because a largely automated pre and post-meeting management workflow will put much more information into the hands of the IRO and their C-Suite”
Barnert added. WeConvene remains the only global investor meeting platform that enables corporate, buy-side and sell-side participants to offer, book and track all of their meetings with each other in real-time.
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.
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.