Quorum 15 and Greenwich Associates Partner to Launch Q15 Digital

Quorum 15 and Greenwich Associates Partner to Launch Q15 Digital to Foster Dialogue and Drive Consensus Between Buy- and Sell-Side Firms Globally

 

September 26th 2018 – LONDON and STAMFORD, CT – Quorum 15, the global financial markets think tank, and Greenwich Associates, the leading global provider of market intelligence and advisory services to the financial services industry, today announced the launch of Q15 Digital, a new partnership venture that significantly expands Quorum 15’s long-established programme of influential industry forums, allowing a wider community of buy- and sell-side firms to participate in driving change in global financial markets.

Quorum 15 was established in 2008 to encourage dialogue between buy- and sell-side institutions and build consensus around the key issues impacting the trading of equities, fixed income and FX. Its members gather quarterly in a series of meetings held under the Chatham House Rule to pool their expertise to resolve shared challenges. Their collective recommendations are then communicated back to regulators, industry associations and relevant government bodies via members’ firms. Comprising 15 senior executives drawn from leading global institutions, these regular meetings (‘quorums’) have traditionally been held across five key financial centres: London, New York, Boston, Hong Kong and Sydney. Since 2014, Quorum 15 has leveraged Greenwich Associates’ global roster of senior research analysts to facilitate discussion and ensure a data-driven foundation to the U.S. meetings.

Q15 Digital extends this model to a broader and more geographically diverse range of firms worldwide via a video conferencing service. Q15 Digital members, comprised of senior level business decision makers from across the buy and sell side, will have the opportunity to collaborate on identifying key business priorities and to strengthen relationships and cooperation within and across their own markets, in addition to being updated on the industry challenges identified by the members of the established physical quorums. Greenwich Associates will work with Q15 Digital’s members, as well as its advisory board, to help establish the agenda so that the most critical industry challenges are addressed.

Mike Burton, Founder and CEO of Quorum 15, said: “For 10 years, Quorum 15 has been bringing together leading market participants in the world’s major financial centres as equal stakeholders to engage in a frank and constructive exchange of views. In today’s interconnected world, the candid exchange of expert views has never been more important, and firms are looking for smarter, more cost-effective models to deliver that deeper level of engagement. The launch of Q15 Digital demonstrates Quorum 15’s steadfast commitment to building consensus and finding certainty in changing times.”

Dan Connell, Managing Director at Greenwich Associates, said: “We are extremely excited to expand our partnership with Quorum 15 as we jointly roll out this new digital initiative. The Q15 Digital offering presents a phenomenal opportunity to buy- and sell-side firms globally by expanding the geographic reach of Quorum 15. Q15 Digital members will benefit greatly from the combined expertise held in the virtual meeting room and can expect a secure and lively discussion on the most important regulatory and market structure developments across all asset classes.”

The first Q15 Digital meeting is expected to be held in Q4 2018. Potential buy- or sell-side participants interested in learning more should contact info@quorum15.com.

OUR ORGANISATION

For ten years Quorum 15 has been bringing together senior executives from across the buy-side and sell-side to build consensus and help drive change in global financial markets. Through quarterly meetings around the world, Quorum 15 fosters dialogue, builds mutual understanding and identifies common opportunities and challenges. We work with and support regulators and industry associations in the promotion of fair, efficient and well-functioning financial markets.

POSITIONING

Quorum 15 is independent and self-financed. Neither a lobbying body nor industry association, we bring leaders together in frank discussion to identify areas of consensus that can be fed back into their respective associations. Frankness is encouraged through our policy of operating under the Chatham House Rule. Fairness is ensured by our Competition Law policy which prohibits any discussion that could be considered in any way to be anti-competitive.

ADVISORY BOARD

To ensure the agendas only focus on what is most important to its members, an advisory board comprised of buy and sell-side members has been established in each location. In the run-up to each quorum, three or four key topics are identified, put to the vote and from there the primary and secondary topics are determined along with any guest speakers.

Q15 Digital

In its 10th anniversary year, Quorum 15 is expanding its geographic coverage, and through the launch of the Q15 Digital Service, making access available to a wider community of buy and sell-side members. The move comes in response to heightened interest from buy and sell-side firms around the world in markets not currently covered by the physical quorums or otherwise unable to participate in those meetings.