Indy researchers still looking for a model

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Just a few years ago, people were buzzing about the rise of independent research. Many thought the historic Wall Street settlement over tainted research provided a can't-miss platform for success. It hasn't really worked out that way. The buyside seems more intent on developing its own research capability. The anger over sellside research has largely evaporated. But there are some independents who are bent on adding value. BNY Jaywalk will soon offer a service to link up fund traders with a host of independent researchers. Jaywalk 360 culls from a network of 150 indy firms based on historic buy and sell call accuracy. It tries to matches them with traders who are interested in their field of specialty.

For more on this:
- Here's an update from II.com
- For more on the state of research read this article.