Global Syndicate Community Reaches 34
2023 Yields Milestones in Platform Activity and Product
Growth
NEW
YORK and LONDON,
Jan. 24,
2024 /PRNewswire/ -- DirectBooks, a global leader in
primary markets communications, announced today that Santander,
Ramirez & Co. and Mischler Financial Group have joined the
platform. The recent additions increase the number of underwriters
participating on DirectBooks to 34 worldwide.
"DirectBooks welcomes our newest members as we continue to
fulfill our goal of broadening our global community of
underwriters," said DirectBooks CEO, Rich
Kerschner. "Through steady growth and diversification, we
continue to execute on our community's optimization vision through
process improvements and supporting technologies."
DirectBooks began developing a global primary issuance
communications platform four years ago, and its notable performance
through 2023 is confirmed by the value its community enjoys,
underscored by deep market coverage and high data quality across
all its products and geographies. In 2023, DirectBooks celebrated a
community growth milestone by surpassing 500 institutional investor
accounts. DirectBooks also completed the rollouts of Sovereigns,
Supranationals and Agencies (SSAs), Emerging Markets (EM), High
Yield (HY) issuances while expanding the platform beyond
Europe and the U.S. into
Asia.
About DirectBooks
DirectBooks leverages its technology expertise and market
knowledge to optimize global financing markets. We are simplifying
the primary issuance process for fixed income by streamlining
communications workflows for underwriters and institutional
investors. DirectBooks was formed by 9 global banks, consisting of
Bank of America (NYSE:BAC), Barclays (NYSE:BCS), BNP Paribas
(FR:BNP), Citi (NYSE:C), Deutsche Bank (NYSE:DB), Goldman Sachs
(NYSE:GS), J.P. Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells
Fargo (NYSE:WFC). A complete list of participating underwriting
firms can be found on our website. For additional information,
please visit us: www.DirectBooks.com
MEDIA CONTACT:
Chris Rodriguez
Chris.Rodriguez@DirectBooks.com
(848) 888-7704
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SOURCE DirectBooks