Substantive Research provides independent comparison and discovery on investment research, ESG and market data pricing and products to 130+ financial institutions, that represent a combined AUM of more than $20 trillion and total assets of over $25 trillion. By providing transparency into previously opaque pricing models and fast-evolving supply dynamics, clients know they are maximizing their significant and growing investments in market data and investment research. Substantive Research also plays a prominent role communicating the buy and sell side's priorities to regulators both through direct engagement as well as the industry-leading Unbundling Uncovered conferences in New York and London.