New Feature Update: IR Event Pages

Summary: Investor Relation teams can now use event pages to share investor material during roadshows, capital market days and earnings. The built in email and RSVP system allows companies to manage invitations amongst its investors and analysts.

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Uses: IR event planning and execution

Available for: Investor Relations teams with a standard Closir subscription.

How does it work? Event pages help companies keep material organised ahead of any event involving investors and analysts. Companies can create an event page, upload relevant information and files and share or notify investors via the built in email system.

Information that investors are looking from companies prior to an IR roadshow:

  • Who is travelling and available for meetings
  • Updated version of the presentation
  • A simple way to request a meeting

Visibility: All event page have a public facing page that can be accessed using a secret PIN. Events pages are visible to both investors and company users part of the Closir community.

User quotes:During roadshows, dealing with simple things like sharing our investor material with the numerous parties can be quite time consuming. We use the event pages to keep most updated version of our presentation online and point our investors and brokers to download it from there”.

“When we travel to New York or London we use this feature to blast out a message about it to all of our investors. We then track (via the RSVP) system who is interested to see us. After that, we prioritise and create a 1-1 and group meeting schedule. We always try to have a group meeting at every roadshow to accommodate tier 2 and tier 3 investors”

New Feature Update: Consolidated IR Calendar

Summary: Investor Relation teams can now see broker events, industry earnings dates and IR events, both local and international in one view.

Uses: Event planning.

Available for: Investor Relations teams with a standard Closir subscription.

How does it work? Brokers conferences and IR events are visible under Conferences tab. Industry earnings dates are visible under Events tab. Both views are sortable by various categories. Furthermore, under the ‘Events’ tab users can create and save bespoke watchlists (e.g Oil & Gas Russia).

IR teams can also express interest or register for certain events using the right hand side menu bars. If a company selects ‘I am attending’, it will then export to the IR calendar. Selecting ‘I am interested’ in feature will send this request to respective organisers.

Visibility: Both companies and investors can see events on Conferences and Events pages.

User quotes: “Having all events, especially broker conferences, in one place is very helpful”

Closir team comment: We have heard from many IR teams that it would be useful to consolidate various events that are relevant to the everyday life of an IR team. In addition to just creating a list, we connected events to organisers who will receive requests about any companies interested in attending them. 

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New Feature Update: Investor Self Identification via IR Website

Summary: Investor Relation teams can capture interest for meetings from institutional investors directly via their IR websites using our plug in.

Uses: Investor Targeting. Roadshow planning. IR Website enhancement.

Available for: Investor Relations teams with a premium Closir subscription.

How does it work? Closir embeds a plug in to company’s IR calendar on its website that reflects its events and roadshows. The calendar has a ‘request meeting’ button. Investors click to request their interest in meeting a company while they travel. Closir filters this information and presents you only qualified institutional investors.

Visibility: Our connected calendar is designed to sit within IR pages and is publicly visible to everyone.

User quotes: “We wanted to capture more information from our IR website, especially the information about which investors are interested in meeting us when we travel. In this regard this feature does the job. We use this aggregated information to supplement our meeting schedules with new investors.”

Closir team comment: We always found the IR calendar section on company IR websites to be fairly static and ‘one way’. We wanted to give investors visiting the IR websites ability to express interest in meetings or road shows, and thus providing an extra layer of intelligence for company targeting efforts.

A public calendar switch makes your Closir calendar available to the public via an external link. You can easily add or edit events on your calendar.

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Investors have the option to express interest in meetings on your travel. This information is filtered by Closir team and aggregated in one place.

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The calendar can then be embedded into your IR website calendar. You can track investor interest in your roadshows real time by logging back into the Closir platform.

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New Feature Update: Your IR Calendar Analytics

Summary: Investor Relations teams now have the ability to visualise their investor outreach activities graphically by event type, city and broker.

Uses: Roadshow planning. Management reporting. Broker relationship mapping.

Available for: Investor Relations teams with a standard Closir subscription.

How does it work? : The IR Calendar Analytics feature generates the charts automatically from the data on your Closir IR Calendar. Once your IR calendar is updated, simply click on the ‘Overview’ tab on top right of the screen and you will be taken to IR Calendar Analytics section.

Visibility: Only company (IR) Closir account holders can see analytics for their company. The analytics screens are not visible to any other companies or investors.

User quotes: It’s very important for me to keep track of which brokers I assign roadshow days and conferences to. I try to make sure that every broker that covers my stock gets at least one roadshow/ conference and this allows me to quickly understand this.”

“We print this out after our quarterly earnings roadshows and add it to our management newsletter. We used Excel for this before”

Closir team comment: This is a simple tool we built that helps you visualise your IR investor engagement activities. Going forward we would like our systems to be giving you a lot more, for example suggestions which cities you should be visiting (that you are not already), how much time you should be spending in key regions… all based on real investor interest data maps.


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Investor Meeting Space in London

We are delighted to announce that all of Closir’s corporate users now have access to meeting spaces in London which can be used for investor and analyst meetings as well as for hosting IR events.

Closir was created to help investor relations teams to communicate their investment story to the maximum audience of investors. Our meeting spaces facilitate direct interactions between companies and investors.
Our facilities offer companies:

* Meeting rooms for small group meetings of up to 10 people
* A private lounge for group presentations of up to 25 people
* Larger event space accommodating up to 125 people
* Club restaurant dining

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In the next months we will be adding new locations, including in West London, New York and Hong Kong

Investor’s Desktop

Over the summer we spoke to over 50 institutional investors to find out a little more about what tools they currently use on a daily basis in their investment decision process. A portfolio managers desktop would likely include a combination of the following platforms:

  • Financial data providers (for real-time prices, company fundamentals – both current and historic, public filings data, research reports, technical charts)
  • Sell-side analyst support (research reports, recommendations)
  • Screening tools (some through data providers, some internal)
  • Financial news terminals (international and local)
  • News and social media aggregation tools (including RNS)
  • Sell-side analyst consensus consolidators
  • Expert networks (communities of industry professionals on the ground)
  • Macro research tools
  • Portfolio risk analytics and valuation tools

Where does investor relations fit in?

Although the tools listed above provide investors with key fundamentals and perspectives on the company, there are a number of other areas where information that is critical to the investment decision is often more difficult to find. We have put together a checklist that summarises the areas that investors have told us are most important, and where investor relations can make an impact. To request this check list contact any of our team ( and they will be happy to share it with you.

Helping investors to fill in the gaps and reduce the noise is central to what Closir does. Based on the feedback above, we’ve built a simple, standardised template for companies that investors can access easily view, compare and integrate into existing research processes. View your current profile by logging in to Closir.

How Do You Say “Information” in Over 100 Countries?


This is a guest post by Josh Ellwel, Partner at ValueStream Labs in New York. The post originally appeared here.

Professional investors are constantly in search of superior investment opportunities, and this of course requires access to superior information. And although we have seen an explosion of research and data in some areas, there’s still a confluence of issues that limit access to information on companies in the emerging markets.

The number of funds looking at emerging markets has exploded, from several hundred firms ten years ago to nearly 4,500 today¹. One might think this would be accompanied by an increase in emerging market research coverage, but wide gaps persist. Take a country like Russia for example: only 37% of companies in the MICEX-100 are covered by at least one of the top ten global sell side research departments. And even when including research by local banks, 27% of those companies are still only covered by two or fewer analysts².

And this situation is not likely to improve. Equity research is generally viewed as a cost center, and since the businesses it supports within an investment bank are suffering from declining margins, it’s no surprise that budgets for many research coverage areas have been cut (apart from some hot areas of interest like China and technology, of course).

This is why we are happy to announce ValueStream’s newest addition to our Development Lab Program, and our first investment outside of the US:Closir Ltd.

Closir, a London-based startup, is aiming to fill the gaps in emerging market information and data. At its core, Closir is building a platform for investors and publicly traded companies to interact and exchange information in a more efficient manner. The greatest inefficiencies currently exist for companies in and investors targeting emerging markets, and so Closir’s initial focus is on servicing these two groups.

For companies, Closir provides tools to easily manage Investor Relations functions using industry best practices, including information dissemination, investor communications, scheduling, new investor discovery, uncovering information on a company’s existing shareholder base, and so on. This provides firms with a technological alternative to some of the functions traditionally performed by an Investor Relations consultant, at a large cost savings.

For investors, Closir’s platform aids in the research and discovery of investment opportunities by providing access to accurate and valuable supplemental information supplied by the companies themselves, and by making it super easy to schedule corporate access meetings and calls.

I know firsthand from my experience as an analyst in the hedge fund industry that there are excellent investment opportunities to be uncovered in emerging markets, but getting to the information is rarely easy. And the lack of research analyst coverage isn’t the only issue. Emerging market investors must overcome language barriers, differences in customs concerning shareholder communications and Investor Relations best practices, and unfamiliar legal/accounting regulations. We believe Closir can become an integral part of the solution to each of these barriers over time.

Closir’s experienced founding team, consisting of Michael Chojnacki, Andre Powers, and Tim Greer, has firsthand experience in the Investor Relations consulting industry, at firms including BNY Mellon and Grayling. They quickly realized how technology could enhance the processes they were performing manually, and left to launch Closir in August 2014. We are looking forward to helping the team push their vision forward over the coming months and years.

Closir will officially launch its platform in Summer 2015, and at that time we will be sure to publish a more detailed description on how you can use Closir in your own workflows. But in the meantime, we would love to hear from you with your thoughts and suggestions on how to make this product most valuable to you. When launched, the Closir platform will offer significant benefits not only to Investor Relations teams and buy side investors, but also to many other participants in the capital markets, including:

  1. Emerging market stock exchanges seeking to enhance their visibility with foreign investors,
  2. Sell side research departments looking for help in increasing their coverage universe in the face of declining margins, and
  3. Financial media outlets wanting to broaden their coverage of emerging market trends and data.

It’s easy to get in touch with us here. We look forward to hearing from you.


1: Calculated by Closir management using data from Factset

2: Calculated by Closir management using data from Bloomberg