SNL Financial Joins

New York - 10 January 2007, a consortium of buy-side, sell-side and vendor firms committed to the development and implementation of the first open standard for investment research, is pleased to announce the addition of SNL Financial, a premier multi-sector focused information and research firm in the financial information marketplace, to the RIXML organization effective immediately.

"The ever-expanding RIXML network is shaping the future of investment research and SNL Financial is delighted to join RIXML as an associate member," said Mike Chinn, SNL President. "SNL looks forward to actively contributing to the RIXML organization, which is clearly defining the industry standard for investment research. SNL’s membership marks a major stride in becoming the preferred research aggregator for the industry that SNL covers: Banks & Thrifts, Insurance, Financial Services, Real Estate, energy and Media & Communications.”

As a part of the RIXML organization, SNL Financial will participate as an Associate Member, which is a membership category that encourages all industry participants to get involved in the development and implementation of the standard. With the addition of SNL Financial, the total number of Associate and Steering Committee members grows to twenty-two.

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