The True Cost of Direct Corporate Access
Although corporate investor relations (IR) teams are not bound by MiFID II regulatory changes, but they are certainly being impacted by them. European regulators are forcing a fundamental change to the way corporate access operates and the early signs are that this is leading to IR teams taking greater control of their roadshow programs. In this changing landscape, it is important for IR teams to consider the economic implications of organizing roadshows independently and that they do all they can to ensure they are a worthwhile investment rather than a costly missed opportunity.
Topics covered in this white paper:
- What is the dollar value of a CEO’s time?
- The economic implications for companies organizing their own roadshows.
- The importance of IR teams pre-qualifying investors.
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.