Swiss investment bank UBS is to use Really Simple Syndication (RSS) technology to distribute equity research to its institutional clients.
UBS says the technology, which is traditonally used for syndicating the content of news sites, will enable clients to receive its equity research - including changes to company earnings, ratings, as well as the issuance of new research reports - without having to visit its Web site.
Since this information is structured, an RSS reader can be used by a client to more effectively aggregate and screen information from multiple sources, says the bank.
Tim Baker, CTO for equity research at UBS, comments: "RSS technology has been widely used by news sites and blogs. We believe, this is the first time the technology has been used by an investment firm in order to provide clients with information they can use in their investment decisions."
Earlier this week investment bank Dresdner Kleinwort Wasserstein (DrKW) launched a bespoke service for capital markets research delivery via e-mail.