Integrity Research Associates, a Darien, CT based investment research advisory firm, and StreetFeeds, a Long Island, New York-based market data consulting firm, have formed a joint venture to help independent research firms diversify their revenue by launching ETFs, UITs, and other investment products based on their research. The joint venture is called Integrity Index Services.
For over 12 years, Integrity Research has tracked the evolution of the global investment research industry and the 4,000 plus research and data providers that comprise it. StreetFeeds brings its expertise in working with research firms to build proprietary indices and launch ETFs based on that research. The combination of these two firm’s skill sets makes Integrity Index Services a truly unique venture.
Integrity Index Services will work with a select group of research firms to craft unique indices leveraging their proprietary research and market the indices to sponsors seeking to create and launch ETFs, UITs and other investment products.
Mike Mayhew, founder of Integrity Research, explained in the motivation for the new venture, “In the past few years, a growing number of independent research firms have diversified their business by launching ETFs and other investment products. The partnership we have formed with StreetFeeds now enables us to help other unique research and data providers build and launch these highly profitable products.”
In addition, Integrity Index Services is uniquely positioned to work with sponsors to create bespoke indices designed to implement their strategies. The venture’s in-depth knowledge of the research industry enables it to identify research firms ideally suited for a sponsor’s new index/ETF strategy or to optimize an existing index.
“ETF Sponsors are always on the lookout for innovative index ideas and proprietary research methodologies that can meet a wide range of investment criteria and add alpha to investors’ portfolios,” explains Jeff West, CEO of StreetFeeds. “Working with Integrity Research gives us the perfect opportunity to identify these unique research and data sources, enabling us to become a “one stop shop” for product-hungry sponsors.”
Although Integrity Index Services has only recently been launched, the venture is already engaged with three independent research firms to launch ETFs, and is negotiating commercial arrangements with a handful of other research and data providers.
For more information on how your firm might work with Integrity Index Services, please contact: