Data correction, analytics and distribution services provider Visible Alpha is adding corporate access information to its services through an acquisition of ONEaccess, an analytics hub that provides corporate access events information and analysis of related interactions between market professionals, according to company officials.
Corporate access events include roadshows, conferences, speaking panels and one-on-one meetings.
“Prior to the acquisition, Visible Alpha did not have any sources of corporate access events on its platform,” says Scott Rosen, CEO, Visible Alpha.
By including ONEaccess services in its offering, Visible Alpha expects to “create a more integrated workflow for discovering, tracking and valuing all sell-side interactions including research, corporate access and analysts’ financial models,” says Rosen. “That will bring greater efficiency to the buy-side/sell-side relationship.”
ONEaccess has 185 sell-side firms and 150 buy-side firms as clients. Visible Alpha is backed by a consortium that includes Bank of America Merrill Lynch, Citi, Jefferies, Morgan Stanley and UBS.