Client:

• 144 desk at top ten broker by value traded

    Challenge:

• Raise visibility of 144 services with customer-facing parties within firm
• Leverage top ten position in 144 market to improve external marketing and generate greater volume of 144 trades

    Solution:

• The Washington Service produces monthly report showing overall insider selling volume, insider selling by industry, and 144 broker rankings
• Report used to market 144 services internally via monthly newsletter

    Benefits:

• Newsletter increases awareness of 144 services within firm
• Firm’s wealth managers use newsletter information to highlight 144 services when discussing wealth management with individual clients
• 144 broker market share figures allow client to determine and track position within market and improve external marketing materials

    Client:

• Equity Capital Markets Group at bulge bracket investment bank

    Challenge:

• Track market share and gain competitive intelligence in the 144 restricted security agency transaction business
• Find prospects for agency transaction business and newly available pools of liquidity for investment management business

    Solution:

• The Washington Service designs a custom database structure that addresses client’s informational requirements
• The Washington Service improves data acquisition system to capture additional data elements from Form 144s (10b5-1 flag) that are of particular interest

    Benefits:

• Client receives data not available from any other vendor
• Market share figures allow client to track effectiveness of marketing efforts
• New source of prospects for high net worth brokerage and derivatives business

    Client:

• Small cap portfolio manager of a $1.75 billion fund at an asset manager with $1.1 trillion under management

    Challenge:

• Screen recent insider trading activity for new investment candidates using proprietary criteria based upon insider relation, historical activity, and market cap
• Use custom metrics to monitor insider selling levels of companies held in the fund

    Solution:

• The Washington Service works with the manager to refine and improve their original proprietary criteria
• The Washington Service designs and implements Weekly New Ideas Report and Daily Insider Sales Report

    Benefits:

• Concise custom reports that deliver only what is relevant to the manager in a custom format designed for maximum utilization
• Greatly increased accuracy of reports as the information contained is acquired using The Washington Service’s proprietary quality assurance processes

    Client:

• $4 billion hedge fund using quantitative models to drive automated trading strategies

    Challenge:

• Incorporate insider data into real-time trading models
• Data directly from the SEC was unusable due to lack of consistent structure (free text fields specify security, insider, and relation) and filer errors

    Solution:

• The Washington Service implements real-time quality assurance process and data analysis staff to interpret, structure, and correct form data on the fly
• The Washington Service hosts real time http insider data feed on its high availability web server and communications infrastructure

    Benefits:

• Accurate and structured data fed into real-time trading model within 120 seconds of raw data dissemination from SEC
• High availability data feed infrastructure delivering 99.9% reliability