RBC Dominion Securities, the corporate and investment banking arm of Royal Bank of Canada (RY: NYSE and TSE), today announced a preferred partnership agreement with Forrester Research, Inc. (Nasdaq: FORR), the leading provider of research and analysis on the Internet economy. The agreement enables RBC Dominion Securities to incorporate Forrester’s research findings into its technology investment research.
“The partnership with Forrester is a landmark development for RBC DS. It is a fundamental step forward in continuing to build a world-class investment bank boutique,” said Gordon M. Nixon, deputy chairman and chief executive officer of RBC Dominion Securities. “Forrester provides us with the expanded ability to evaluate Internet and technology subsectors and identify equity investment opportunities in emerging Internet and technology companies. This is good news for our clients, who are looking for more detailed analyses to guide their investment decisions.”
The agreement provides RBC Dominion Securities with preferred access to Forrester’s Internet and emerging technology research and analysis. RBC DS will use this research to enhance its evaluation of key technology clients and sectors. Forrester’s research findings will also be used in the execution of RBC DS’ Global Banking business, including IPOs, mergers and acquisitions, private equity placement, and related advisory services. RBC Dominion Securities reports and proposals that incorporate Forrester research will be appropriately branded.
“Forrester is delighted to have this new partnership with RBC Dominion Securities,” said Stuart D. Woodring, vice president of research for emerging Internet economies. “The combination of RBC DS’ expertise in equity research and Forrester’s deep understanding of the Internet economy will create valuable new insights for investors and entrepreneurs alike.”
RBC Dominion Securities is Canada’s leading provider of capital market products, debt and equity underwriting, corporate finance, real-estate finance, and M&A advisory services. It offers institutional, government, and corporate clients a full range of services in all Canadian markets and global expertise in such sectors as technology, communications, energy, and mining. The firm’s equity research coverage of almost 400 North American companies has been consistently recognized by institutional investors as among the best available. Additional information about RBC Dominion Securities can be found at www.rbcds.com.
Royal Bank of Canada (RY) is a diversified global financial services group and a leading provider of personal and commercial banking, insurance, wealth management, and corporate and investment banking services. The group’s 50,000 employees serve 10 million clients in 30 countries. Further information is available at www.royalbank.com.