Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced an alliance with Freeman & Co., a management consulting services firm that serves financial institutions, to jointly produce imputed investment banking analysis and league tables for Thomson ONE Investment Banking clients.
Thomson Financial's new fee-based league tables will include transaction data from its own industry-leading Securities Data database combined with advanced analytical models developed by Freeman & Co. These models, developed over the course of 15 years of analysis of actual investment banking fees, approximate how a pool of fees is apportioned to all investment banks participating in a given transaction, taking a variety of relevant factors into account, such as financing type and the role of the bank. This type of information is widely used by investment banks for market share analysis, resource allocation, and revenue/strategic planning.
"The market has trended towards using fee-based league table data as a measurement of performance. Thomson Financial has chosen to innovate in this area by partnering with Freeman to leverage their deep knowledge, experience and credibility in this arena," said Debra Walton, global managing director of Thomson Financial's Investment Banking and Research Group. "This offering is also an important enhancement to our Thomson ONE enterprise workflow solution for Investment Banking."
"We have invested heavily to develop our imputed fee algorithm to ensure that it is the most accurate and predictive model available to our clients. Our relationships with the global investment banking community spans over 15 years and draws on actual investment banking fee data over that period," said Jim Freeman, Founder and Chief Executive, Freeman & Co. "Thomson Financial has the most robust and comprehensive M&A and capital market deal criteria, developed through its considerable experience in providing solutions to the investment banking community. We are confident our partnership will help offer valuable market insight for our clients".
Freeman & Co imputed fee content add-on module allows users to assess their clients' revenue-generating capacity. Benefits include:
- One-click access to league tables - Enables the user to benchmark fees against competitors and compare fees over time across all product segments using a proven and consistent methodology.
- Comprehensive transaction tear sheets - Freeman & Co imputed fee content is available at the deal and manager/advisor level for individual transactions.
- Advanced screening capabilities - Use the advanced search tool to create and access custom defined reports, including wallet-share, market-share and banking relationship exhibits.