We conduct ten surveys globally, spanning North America, Latin America, Developed Europe, Emerging EMEA and Asia-Pacific across equities and fixed income. For equities we have the Research survey (where buy side vote on top sell side research teams and individuals), the Executive Team survey (where buy side & sell side vote on the best teams at corporates), and the Corporate Insights Survey (where corporates vote on best sell side and buy side teams). All surveys are an independent evaluation of the firms and people involved and deliver detailed peer to peer comparative analysis each year. Each survey varies in complexity to each market, but within the Research surveys industry, macro and country sectors are typically included. Sales and Corporate Access teams are also evaluated as part of the advisory services. Trading & Execution is also voted on for the sell side.

An analyst must publish investment research during the period covered by the poll. Analysts must be certified pursuant to Regulation AC (or equivalent) to be recognized as winners or team leaders in all industry sectors. (There is no such restriction in the economics and strategy categories.) Winners must achieve a minimum vote count. We will provide guidance on analyst coverage limits in each survey.

Both the firm and individual results are determined by a numerical score which is detailed in the methodology document issued for each survey. Votes are weighted by the voting firm’s commission payout, or in some surveys, by the firm’s assets under management. Weighted points are used to create the rankings for each sector. First, second, third and Runner-Up (RU) positions are published. To achieve an RU place, the score must fall within 35% of the third-place score.

Our executive team rankings illustrate how corporate leaders and companies are viewed by investment professionals by both the buy and sell side. We currently publish seven equity perception studies, covering Asia (ex-Japan), Canada, Developed Europe, Emerging EMEA, Japan, Latin America, and the United States. Please scroll down to the Corporates section to learn more.

The easiest way is to fill out your information in the Contact us form, then a member of staff will reach out to assist you with your query. However, you can contact our team via the emails here or you can reach out to marketing@extelinsinsights.com

We have different criteria for each survey. Extel surveys are open to professionals from the buy-side, sell-side and corporates. It is best to check with the operations team on which survey you are eligible to vote in.

Results are collected via secure online polling and by centralised votes that are submitted directly to us. Verification is carried out by our operations team; thus, we require a professional email address, and we cross-check against our database to prevent duplicate or fraudulent votes.

The annual survey schedule varies by region and market focus. Please visit our survey calendar to find the dates. Link

After each survey closes, there is a period of data validation that occurs before the results are published. The gap allows time for data verification, cleaning, and weighting. This ensures the published results are accurate, consistent, and credible across all markets.

For the sell-side survey, votes are weighted based on the size of the voting firm to ensure results reflect true market impact rather than volume alone. Please read the methodology for your region to understand the full process. Votes are weighted by commissions and assets under management. In the executive team survey, all votes are equally weighted.

No, you will not be able to see who voted for you – but you will be able to see the regions, bands and sizes of the voters.

The surveys are all annual.

Extel brings together three perspectives, buy-side, sell-side, and corporates. Independence comes from transparent methodology and market-wide participation. We do not influence the votes or give our opinion; we gather the data independently.

You can access regional, sectoral, and global survey results depending on your subscription level.

The survey methodology has been refined over decades, with strict verification processes to ensure accuracy and independence.

Extel runs surveys across Europe, LatAm, APAC, North America, and sector-specific areas. Visit our survey calendar to see the full plan of the year.

If you are a ranked corporate or sell-side professional, they are individual results you can access from My Account > My Results. 

You can drill down by region, sector, firm type, and in some cases, individual analyst performance. Please book a demo to understand the full capabilities of our tool.

The detailed analysis from each survey empowers teams to understand their penetration in the market, their perception from clients and how to skilfully analyse their strengths and weakness’ based on robust and relevant data.

Awards are based directly on survey results, reflecting the top-ranked firms and individuals in each category. Please visit our event pages for more details

Yes. Taking part in the survey does not automatically register you for the Awards. Event registration is handled separately, so check our events page to register for the awards in your region.

Service providers in the equity space can sponsor the awards. Please reach out to xx to arrange a partnership.

Please visit our event page here to find information on each region. The All-America Equity Awards & Ceremony will be held at The Mandarin, New York, March 2026. The Europe & Emerging EMEA Equity Awards & Ceremony will be held in London, September 2026.

To order a crystal award, please submit this form or contact your regional sales representative

We offer independent data from Asset Managers, C-Suite & IR professionals that has been thoroughly vetted and reflects market sentiment around brokers.

Performance depends on consistent high-quality research, strong investor relationships, and visibility with corporates. Extel rankings reflect peer recognition, so by improving in these sectors you can rise in the analyst rankings.

There are several pages in the dashboard giving enhanced trend data such as voter trends by country, voter type, commission bands as well as peer group analysis, sector trends and analysis of individual and team performance.

Engaging effectively with investors and corporates, producing differentiated research, and focusing on key segments tend to drive stronger recognition.

Our sales representatives provide onboarding and training to ensure subscribers get the most from the platform. If you need more assistance, please reach out to your salesperson or visit https://www.extelinsights.com/support to see the user guides.

Competitors may use Extel data to highlight their strengths. However, the same data allows you to identify where to gain ground. To stay ahead of the game, ask your Salesperson about Extel Tracker which is a service you can utilise throughout the polling period.

Yes, you can subscribe to global results or focus on a single region, depending on your firm’s needs.

Subscribers can view both internal comparisons (within their firm) and external benchmarks (against industry peers). Sell-side analysts now also have access to Personalised Results, where they can see where they rank in their sectors.

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Extel produces unique insights and actionable data based on annual performance and market penetration assessments across global and key capital markets participants, including Sell-side firms and Corporates. This data is independent, rigorous, trusted and global.

Submission of a centralised or coordinated ballot enables you to access the full Research results from Extel on the best Sell Side firms and analysts; benchmark your broker evaluation to peers; combine and integrate Extel ranking data with other internal performance indicators; and conduct trend analysis across Sell Side firms, analysts, and sectors. It also minimises “noise” for your investment professionals during the polling periods. Taking a centralised or coordinated ballot from a Buy Side firm enables a complete and independent picture of a Buy Side firm’s evaluation of the Sell Side to be delivered, allowing Sell Side research providers to benchmark themselves against their competition and validate client feedback. Whether a direct feed from a Broker Vote or a centrally Coordinated Vote, these submissions are an important factor in achieving an independent, accurate, robust and validated overall evaluation of the Sell Side services.

Centralised ballot submissions may be provided by Broker Vote or a Coordinated Vote. All restrictions on the number of Sell Side firms and analysts which can be recognised are lifted. Broker Vote submissions vary in content, methodology and granularity; Extel map and enter these submissions, so a degree of interpretation is applied in consultation with the submitting firm. Coordinated Votes may be submitted by direct entry into the Extel voting portals or via an Excel template, usually by a designated Buy Side contact(s). Please contact Simon Maynard for further details.

The Executive Team Survey provides both Buy and Sell-side firms the opportunity to recognise excellence in listed Corporate Management and Investor Relations Teams they invest in or interact with. This anonymous feedback provides invaluable insights to our Corporate clients on how to refine and hone their investor relations interaction with investors and the Sell Side.

The Asset Manager rankings are based on corporate (IRO) input collected in our Corporate Insights Survey. In this survey, we ask investor relations officers to identify their best asset management firms across the following attributes (up to 5 firms per attribute): Transparency in their investment style Knowledge of the sector Best active engagement to support and encourage long-term business Efficient engagement across funds On-going feedback The results were aggregated to produce overall and category level results.

Top level survey results are available from the Extel website, to view them you have to register for a free account with a corporate email. Subscribers receive the full list of results, interactive dashboards, benchmarking tools, and detailed breakdowns.

Yes. A subscription is required for full access to survey results and analytics. However, with a free registration you can read all our articles and access top level results.

We would be more than happy to demo the product, please click here to contact a salesperson and they can explain our product offerings further. Link

We offer a few different products in order to cater to our audiences different business needs. - Core, our free product enables you to see high-level results and read all our article pieces. - Core+, - Professional, - Vantage, our enterprise product that provides extremely detailed views of the data and a enables brokers and corporates alike, in making key business strategy decisions. - Promote, our version of a marketing license that allows you to showcase your achievement. - Tracker, the tailored service provided during polling periods to understand where your votes are coming from.

If you have any questions regarding: - Subscription status (Subscription level, Term dates, List of active users for corporate accounts) - Access inquiry (Access status, Password reset, Active user, User change) - Subscription renewal/cancellations - Billing inquiries (Invoice, Receipt) Please fill out the Contact us form and a member of staff will be able to assist you with your enquiries. https://www.extelinsights.com/about/contact-us If you have any voting inquiries, please reach out to voting@extelinsights.com will be able to help.

Extel website: news and published ranks only. Survey access: bespoke for each survey/region and gives access to all underlying data analysis. Please visit our pricing page or contact us to understand what option suits your needs best.