Societe Generale today announced a new agreement with Smartkarma, an informational online investment platform which focuses on the Asian markets. Under this global agreement, Societe Generale will provide its institutional clients access to a new form of equity research based on demand driven and customised content provided by the industry’s highly ranked analysts, academics, data scientists and strategists.
“In a short span, Smartkarma has emerged as the industry-leading model for research creation, distribution and monetisation. We are committed to bringing unbeatable efficiency and unprecedented transparency to the market while promoting revolutionary economics and seamless access,” indicated Smartkarma CEO and Co-Founder Raghav Kapoor. “Smartkarma is excited to be working alongside Societe Generale in unveiling this new paradigm. Over the coming months we will work together to help clients optimise research budgets and meet evolving regulatory requirements without any need to modify workflow or add to administrative overheads.”
Singapore-based Smartkarma provides investors with direct access to insight providers, creating a much stronger correlation between research demand and supply and addressing information overload concerns. Smartkarma’s predictive search engine matches research in real time with investor mandates, helping clients consolidate relevant information and stay abreast of evolving, complex financial issues.
“Societe Generale is excited to offer institutional investors an innovative solution to access high quality, independent equity research on Asian stocks with insightful investment ideas,” opined Societe Generale Head of Cash Equities & Global Execution Services, Asia Pacific Stephane Loiseau. “This offering is complementary to our strong Cross Asset Research and Trading capabilities with access to over 125 markets and exchange venues globally. With this fast-growing ecosystem, we are providing clients with a new way to access research content that is compliant with the increased unbundling and transparent pricing requirements of research and trading services.”
Societe Generale believes itself to be the first global investment bank to have an agreement with an emerging fintech company to provide equity research that is compliant with evolving research unbundling requirements, such as MiFID II. Smartkarma analysts currently provide access to over 100 investment insight firms, having written about over 1600 companies across 15 Asian markets. On average, 25 insights are published daily with active minute by minute discussions, where themes and ideas are debated, discussed and questioned among a community of experts, in real time.