For all parts of the
investment research lifecycle
The RIXML Research Standard is designed to reduce friction across all parts of the investment research distribution lifecycle.
How your firm will benefit from using the RIXML standards depends on the role or roles your firm plays:
Efficiency
built in
from the beginning
Before investment research can be created, the tools needed to do so have to be built.
Some buyside, sellside, and independent research firms build their research creation tools in-house, others purchase third-party products created by vendors who specialize in creating these tools and customize them to meet their firm’s needs.
Creating content
Investment professionals, independent research creators, and others producing research content for investment professionals use these tools to create research. Templates automate much of the process, such as populating the author’s contact information, inserting financial data based on the company ticker, and selecting the relevant sector from a drop-down menu.
Describing content using
automatically and manually added metadata
Creating the RIXML metadata file is a critical part of publishing research content, but that doesn't mean that research authors need to become metadata experts or spend time manually adding metadata to ensure it gets to the right audience.
The features built into research creation tools that make it easier for investment professionals to produce their research reports also facilitate the process of capturing RIXML metadata behind the scenes. Dedicated fields for entering estimates, price targets, or other data provide additional automation opportunities.
The template an author uses, the values selected from dropdown menus, and the data pulled in based on the ticker allow much of the needed tagging to be added behind the scenes. Additional tagging can be added based on a publisher's needs and preferences.
Distributing content
Research content is usually published to multiple places, including to the firm’s own institutional research platform, to a variety of aggregation vendors, and often via direct feeds to institutional clients.
When research content is published, a RIXML tag file travels along with it, allowing the publisher to clearly indicate important information about the research, including authorship and copyright information, subject matter, and publication details.
Aggregating content
After publication, research begins traveling to the systems that will help the end users find it. Generally, this means that it is commingled with other research content. Internally, this may mean research content from other departments or divisions; externally, this will mean research from other firms.
The things that make RIXML a more efficient way for publishers to transmit their content to multiple aggregators also make it a more efficient way for aggregators to collect research content from multiple publishers.
Major aggregation vendors have used RIXML for decades, and their content aggregation systems are built to parse the structured data in each RIXML record to populate their metadata database. With all publishers using a common language to describe their research content, aggregators can develop products and services to help their clients find and make use of the investment research they need.
Benefitting from RIXML –
usually without even knowing that it exists!
Because all research publishers who use RIXML are using the same set of tags to describe their content, and aggregators have developed their searching, alerting, and research discovery features based on this tagging, end users benefit from RIXML without even knowing it exists.