Bloomberg hosted the quarterly RIXML.org meeting yesterday to a packed house in their office overlooking the historic Grand Central Station. After the successful roll-out of the RIXML Interaction Standard v2.0 in September, it was the first meeting in over 2 years where the Interaction Standard was not the main focus.
The agenda included a presentation by Michael Mayhew of Integrity Research Associates on the 2020 outlook for sell side research, including equity research commission outlook, opportunities in the research market, research sales data and the convergence of investment research and alternative data.
Standards Committee chair Sal Restivo announced the start of determining what might be included in the next version of the RIXML Research Standard. Deirdre Goldenbogen reviewed upcoming website and documentation changes. Executive Director Jim Ulrich discussed the shortcomings of ESG disclosures and how RIXML.org can add value to the process. Patty Lynch discussed the key takeaways from the Linkbacks subcommittee kickoff meeting.