UK-based Researchsummary has developed a new solution to help investment banks translate PDF-formatted equity research into RIXML (Research Information Exchange Mark-up Language).
The new NavigateDepth application enables investment organisations to implement, via any platform or application, a solution to deliver and/ or receive and manage XML documents, without the need to change their systems, says the company.
Researchsummary claims the application is currently being evaluated by four global banks.
RIXML uses XML to tag research content, in any form or media, with enough meta-data information for the consumer to search, sort and filter through publisher research and quickly provide highly relevant information to their decision makers. It also gives buyside firms the facility for efficient comparative analysis and interrogation of multiple broker reports. Users can create their own customised reports, aggregating information from various sources.