Beyond the horizon

Every potential partner looks good on paper. They all talk a good game.

But what do people say about them when they aren’t in the room? What do they really do well? And how do they stack up against their competitors?

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A gathering place for the investment community

Evolving originally from a magazine survey into the most comprehensive provider of data-driven accountability, we help you answer these questions by delivering unmatched data and actionable insights from the three sides of the investment community.

Over the decades, we have developed a unique role in the capital market ecosystem. Our surveys of the buy side, sell side and C-Suite and IR teams have set the standard in using accountability and transparency to drive performance improvement.

We measure what really matters and we empower customers to make smarter decisions.

Achieving a ranking(s) in the Institutional Investor survey is a way of crystallizing the importance and relevance of aspects of our franchise to our clients.

David May

Global Head of Research

There’s a saying in the consumer and retail world that what’s said about you when you’re not in the room is the best validation of how good you are.

JP O'Meara

SVP Investor Relations

The feedback we receive from Institutional Investor Research is valuable to us as it represents the views of our institutional clients and crystalizes their assessment of our thought leadership as a firm overall and in individual sectors.

Nick Rosato

Head of North America Equity Research

From Institutional Investor Research to Extel

Some years ago, we acquired Extel – a firm that can trace its roots to the dawn of stockmarkets – and began combining the best of both businesses. In 2024, our parent company restructured, separating Institutional Investor Research from its Membership and Forums segment. For clarity and focus, we’ve rebranded as Extel, drawing on its century and a half of accumulated experience serving investors.

Crucially, what hasn’t changed – and what never will – is our commitment to delivering cutting-edge data and insights to our clients. We will continue to be the leader in empowering strategic decision-making and resource allocation.

You can expect the highest quality, independent, peer-to-peer performance analysis and competitive benchmarking with the tools – and the expertise – to make it work for you.

We power smarter decisions. Unmatched data and actionable insights from the three sides of the investment community.

Sell Side

Do what works

The most trusted data on sell-side research advisory services to help you optimize your services, manage your resources and focus on the most profitable market segments.

C-Suite & IR

Recognize and reward the best

Quality of engagement and communication measurements to inform market sentiment monitoring, benchmarking and annual performance evaluations.

Buy Side

Drive improvement industrywide

Your judgment generates actionable data on sell-side broker and research evaluations and improves corporate communication and investor engagement.