To stay on the cutting-edge of information and technology, investment bankers need to have the most relevant informational sources. Finance investment banks in particular is one industry in which being technological tools are constantly being updated. It is essential to keep up with these trends in order to stay ahead of the competition.
What resources and websites can investment banks use to stay up to date on all the latest financial news and insights? This article will review different resources to help investment banking firms create solid relationships within the financial industry.
The key to staying relevant as an investment bank is to use the proper resources. Let's dive into some of the most valuable and publicly available resources bankers depend on.
Standards and Poor's indices are widely used to understand financial markets through global and local lenses. They boast more than 150 years of data collection, 135 billion actionable data points per year, and cover 128 countries. Their resources cover corporate finance, financial institutions, infrastructures and basic utilities, governments (regulations and more), insurance, structured finance, and the U.S. Public Finance. (Yes, this is the S&P from the S&P 500, the most common index tracked.) Standard and Poor's breaks down their resource into three categories:
When you need credit ratings, thought leadership information, and general research behind any one of 28 countries, the S&P Global Ratings is your guide. Here you can find:
For the world's largest and highly recognized resource for global market information and index-based data, there's the S&P Dow Jones Indices. These indices, many of which you've probably heard of, include:
Though there are many resources available, let's switch gears a bit and talk about some news-worthy websites to keep bookmarked.
While the resources above are great for picking apart industries, global economies, and understanding the financial market, there's more to know when it comes to investment banking. More specifically, you have to know where to gather your news that relates to your industry. The most common investment banking websites IBs utilize are:
Apart from these incredible resources, you may find yourself wanting to know more about the world of investment banking.
xBooks have been written on everything from IB's history, culture, regulatory and structural developments, and how they've shaped global markets. You'll find an extensive library within the Goldman Sachs recommended book list.
The collection of books is split into:
What does properly sourced information provide? An edge. A gain on competition. The ability to make informed, confident decisions about high-profile clients. As a resource to the financial sector, Sourcescrub prides itself on its ability to provide real-time firmographic data when clients need it most.
1. SEC. Filings & Forms.
2. AskIvy.net. Goldman Sachs recommended reading list.
3. S&P Global Rating. About Us.