NEW YORK, June 20 /PRNewswire-FirstCall/ -- 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.
Thomson ONE is the leading desktop for investment banking, offering a flexible framework that allows clients to combine Thomson and third-party resources with their own data and applications into a proprietary workflow solution that makes bankers more productive at generating business. Thomson content easily integrates with third-parties and clients' own data into a desktop that empowers bankers to generate pitches and win deals.
About Freeman & Co. LLC
Founded in 1991, Freeman & Co is a strategic management consulting services firm that serves financial institutions. Over the years, Freeman & Co. has developed many strategies and management tools that have become industry standards. In addition, Freeman & Co has also built and maintains an industry leading, algorithm-based model for imputing investment banking fees associated with securities, loan underwriting and M&A. (http://www.freeman-co.com/)
About Thomson Financial
Thomson Financial is a US$1.73 billion provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (http://www.thomson.com/), a global leader in providing integrated information solutions to more than 20 million business and professional customers in the fields of law, tax, accounting, financial services, higher education, reference information, corporate e-learning and assessment, scientific research and healthcare. With revenues of US$8.10 billion, The Thomson Corporation lists its common shares on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Website: http://www.thomsonfinancial.com/
Website: http://www.freeman-co.com/
Website: http://www.thomson.com/