Substantive Research offers independent comparison and discovery on investment research, market data and ESG pricing and products for buy side professionals

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Research Discovery

Investment research curation service with weekly content from over 400+ brokers and independent research providers matched to your specific areas of focus and needs

Research Spend Analytics

Unique datasets for investment research buyers including provider pricing and visibility on their analyst resourcing to optimize your research budgets, payment allocations and consumption


Discover and compare providers of ESG data, ratings and research with a searchable directory of more than 160 vendors with a truly independent, objective and up-to-date view.

Market Data Spend Analytics

Industry first apples-to-apples market data price benchmarks for market data procurement professionals across index providers, rating agencies, pricing and reference data, research/analytics and ESG.

Trusted by leading investment managers around the world


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The services and output data provided by Substantive Research Limited rely upon the quality of data provided to us by third parties. Accordingly we give no warranty, representation or guarantee in relation to the accuracy or quality of such output data or (save as expressly set out in our written contract with you) our services.

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