BMI Research
TypeSubsidiary
Industryresearch and information of 22 industries and 200 countries
Founded1984
DefunctJuly 2018
FateFitch Solutions Macro Research
Number of locations
London, New York City, Pretoria (South Africa), Singapore, Dubai
ProductsDaily Views, Research and Analysis, Data and Forecasting, Analyst Access
Number of employees
~300
Websitewww.fitchsolutions.com

BMI Research was a research firm that provided macroeconomic, industry and financial market analysis, covering 29 industries and 200 global markets. It was founded in 1984 as Business Monitor International. In 2014 it was acquired by Fitch Group.[1][2][3] On July 30, 2018, BMI Research was integrated into Fitch Solutions as Fitch Solutions Macro Research.

History

BMI Research was founded in 1984 as Business Monitor International by Richard Londesborough[4] and Jonathan Feroze[5] with an initial focus on Latin America. By 1994 it was producing 10 monitor newsletters and 25 business forecast reports.

In 1997, the company (then known as Business Monitor International) won the Queen's Award for export.[6][7]

International office expansion began in 2008 with Singapore, followed in 2009 by New York, and in 2010 with Pretoria.[8] In 2012, the company acquired Espicom Business Intelligence, "a UK-based company with a 30-year pedigree providing business intelligence on Medical Devices, Pharmaceuticals & Healthcare and Therapeutics across global markets".[9]

On September 9, 2009, the company "received a substantial, non-controlling equity investment from Spectrum Equity Investors",[10] which the private equity firm held until March 14, 2014, when Fitch Group announced that it had acquired the company (then still called Business Monitor International).[11] In June, 2014, Richard Hall [12] was appointed as CEO, and the firm re-branded as BMI Research in March, 2015. Richard Hall left the company in October 2015.[13][14]

On July 30, 2018, BMI Research was integrated into Fitch Solutions as Fitch Solutions Macro Research.

Clients

BMI Research's clients included corporations, financial institutions, governments and academic institutions; among the academic institutions that subscribed to BMI Research were Cornell University,[15] Nanyang Technological University,[16] National University of Singapore,[17] Northeastern University,[18] San Diego State University,[19] Stanford University,[20] University of Alberta,[21] University of Auckland,[22] University of Melbourne,[23] University of Minnesota,[24] The University of Western Ontario, [25] and others.

Areas of research focus

Influence

BMI Research regularly offered commentary and analysis in the media, and the company's analysts have been quoted in media outlets such as Associated Press,[26] Bloomberg News,[27] CNBC,[28] The Daily Telegraph,[29] The Diplomat,[30] Financial Times,[31] Fortune (magazine),[32] The Globe and Mail,[33] Infrastructure Investor,[34] Institutional Investor (magazine),[35] The Japan Times,[36] Le Monde,[37] Reuters,[38] The Wall Street Journal,[39] and The Washington Post.[40]

References

  1. ↑ "About BMI Research" Archived 2015-05-05 at the Wayback Machine. Company website, 28 April 2015
  2. ↑ "Company overview, BMI Research". Bloomberg Business, 28 July 2015
  3. ↑ "About Us". Fitch Group, 28 July 2015
  4. ↑ "Executive Profile, Richard Londesborough" Bloomberg Business, 28 July 2015
  5. ↑ "Executive Profile, Jonathan Feroze" Bloomberg Business, 28 July 2015
  6. ↑ "Queen's Awards: 1997 winners" Independent, Monday 21 April 1997
  7. ↑ "Queen's Awards: Why it is vital to keep pounding away" Independent, Monday 21 April 1997
  8. ↑ "About BMI Research" Archived 2015-05-05 at the Wayback Machine Company website, 28 April 2015
  9. ↑ "Business Monitor International Strengthens its Pharmaceutical and Medtech portfolio with acquisition of Espicom Business Intelligence" Press Release, 22 August 2012
  10. ↑ "Case study, BMI Research" Spectrum Equity, 28 July 2015
  11. ↑ "RPT-Fitch Group Acquires Business Monitor International" Reuters, 14 March 2014
  12. ↑ "Executive Profile, Richard Hall" Bloomberg Business, 28 July 2015
  13. ↑ "About BMI Research" Archived 2015-05-05 at the Wayback Machine Company website, 28 April 2015
  14. ↑ "Company Overview, BMI Research" Bloomberg Business, 28 July 2015
  15. ↑ "Library, Databases" Cornell University, 28 July 2015
  16. ↑ "Library, Databases" Nanyang Technology University, 28 July 2015
  17. ↑ "Library, Databases" National University of Singapore, 28 July 2015
  18. ↑ "Library, Databases" Northeastern University, 28 July 2015
  19. ↑ "Library, Databases" San Diego State University, 31 July 2018
  20. ↑ "Library, Databases" Stanford University, 31 July 2018
  21. ↑ "Library, Databases" University of Alberta, 28 July 2015
  22. ↑ "Library, Databases" University of Auckland, 28 July 2015
  23. ↑ "Library, Databases" University of Melbourne, 28 July 2015
  24. ↑ "Library, Databases" Archived 2015-09-07 at the Wayback Machine University of Minnesota, 28 July 2015
  25. ↑ "Library, Databases" Western University, 28 July 2015
  26. ↑ "Weak Euro Adds to Europe's Vacation Lure for Tourists from United States and China" Associated Press, 15 April 2015
  27. ↑ "Europe Gas at 5-Year Summer Low With Traders Relaxed on Russia" Bloomberg News, 1 April 2015
  28. ↑ "Is the Money Flooding Back to Egypt?" CNBC, 13 March 2015
  29. ↑ "Oil prices Jump on Yemen Airstrikes" The Daily Telegraph, 26 March 2015
  30. ↑ "AEC Dream’s Failure ‘Still a Success’" The Diplomat, 29 March 2015
  31. ↑ "Oil price has sector’s investors eyeing a windfall" Financial Times, 22 May 2018
  32. ↑ "Pfizer to Stop Selling Vaccines in China After Failing to Get New License" Fortune, 2 April 2015
  33. ↑ "Water-Poor Saudi Arabia Invests in Canadian Wheat Board’s Grain" The Globe and Mail, 17 April 2015
  34. ↑ "Aboitiz submits unsolicited bit for Philippine airports" Infrastructure Investor, 08 March 2018
  35. ↑ "In a Volatile Oil Market, Much of the Action Is Between Benchmarks" Institutional Investor, 15 April 2015
  36. ↑ "Hostage Crisis Awakens Japan to Middle East Risks" The Japan Times, 11 February 2015
  37. ↑ "Mobile operators to worry over Google and Facebook" Le Monde, 3 March 2015
  38. ↑ "Saudi Arabia Raises Crude Prices to Asia for May for Second Month" Reuters, 6 April 2015
  39. ↑ "Oil Prices Fall Ahead of Supply Data" The Wall Street Journal, 7 April 2015
  40. ↑ "Tech Investments Show an Iran Eager to End Isolation" The Washington Post, 6 April 2015
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