BMI is a British multinational research firm and subsidiary of Fitch Solutions that provides macroeconomic, industry and financial market analysis, covering 22 industries and 200 global markets. It was founded in 1984 as Business Monitor International and in 2014 was acquired by Fitch Group."About BMI Research" . Company website, 28 April 2015"Company overview, BMI Research". Bloomberg Business, 28 July 2015"About Us". Fitch Group, 28 July 2015 On July 30, 2018, BMI Research was integrated into Fitch Solutions as Fitch Solutions Macro Research and since 2023 has traded as BMI Country Risk and Industry Analysis. It has offices in London, Manchester, New York, Pretoria and Singapore.
History BMI Research was founded in 1984 as Business Monitor International by Richard Londesborough"Executive Profile, Richard Londesborough" Bloomberg Business, 28 July 2015 and Jonathan Feroze"Executive Profile, Jonathan Feroze" Bloomberg Business, 28 July 2015 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."Queen's Awards: 1997 winners" Independent, Monday 21 April 1997"Queen's Awards: Why it is vital to keep pounding away" Independent, Monday 21 April 1997
International office expansion began in 2008 with Singapore, followed in 2009 by New York, and in 2010 with Pretoria."About BMI Research" Company website, 28 April 2015 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"."Business Monitor International Strengthens its Pharmaceutical and Medtech portfolio with acquisition of Espicom Business Intelligence" Press Release, 22 August 2012
On September 9, 2009, the company "received a substantial, non-controlling equity investment from Spectrum Equity Investors","Case study, BMI Research" Spectrum Equity, 28 July 2015 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)."RPT-Fitch Group Acquires Business Monitor International" Reuters, 14 March 2014 In June, 2014, Richard Hall "Executive Profile, Richard Hall" Bloomberg Business, 28 July 2015 was appointed as CEO, and the firm re-branded as BMI Research in March, 2015. Richard Hall left the company in October 2015."About BMI Research" Company website, 28 April 2015"Company Overview, BMI Research" Bloomberg Business, 28 July 2015
On July 30, 2018, BMI Research was integrated into Fitch Solutions as Fitch Solutions Macro Research.
Since 2023, the company has traded as BMI Country Risk and Industry Analysis or BMI, a FitchSolutions company.
Clients BMI's clients included corporations, investment banks, financial institutions, governments and academic institutions; among the academic institutions that subscribed to BMI Research were Cornell University,"Library, Databases" Cornell University, 28 July 2015 Nanyang Technological University,"Library, Databases" Nanyang Technology University, 28 July 2015 National University of Singapore,"Library, Databases" National University of Singapore, 28 July 2015 Northeastern University,"Library, Databases" Northeastern University, 28 July 2015 San Diego State University,"Library, Databases" San Diego State University, 31 July 2018 Stanford University,"Library, Databases" Stanford University, 31 July 2018 University of Alberta,"Library, Databases" University of Alberta, 28 July 2015 University of Auckland,"Library, Databases" University of Auckland, 28 July 2015 University of Melbourne,"Library, Databases" University of Melbourne, 28 July 2015 University of Minnesota,"Library, Databases" University of Minnesota, 28 July 2015 The University of Western Ontario, "Library, Databases" Western University, 28 July 2015 and others.
Products BMI offers daily views, research and analysis, data and forecasting, and analyst access across the following areas: Country Risk - Europe, Middle East and North Africa, Sub-Saharan Africa, Asia-Pacific, North America, Latin America Industry Research - Agribusiness, Automobiles, Banking, Consumer & Retail, Consumer Electronics, Crime, Defence & Security, Education & Labour, Food & Drink, Healthcare, Information Technology, Infrastructure, Insurance, Medical Devices, Metals & Mining, Oil & Gas, Petrochemicals, Pharmaceuticals, Power & Renewables, Real Estate, Telecommunications, Tourism, Trade & Investment Risk Commodity Price Forecasting - gold, copper, nickel, aluminium, lead, tin, zinc, iron ore, steel, crude oil, natural gas, thermal coal, coking coal, cocoa, coffee, sugar, milk, wheat, corn, soybean, palm oil, rice, cotton Operational Risk Advisory ESG Country (launched in 2024) Politics & GeoQuant (launched in 2024) Energy Transition (launched in 2024)
Influence
BMI regularly offers commentary and analysis in the media, and the company's analysts have been quoted in media outlets such as Associated Press,"Weak Euro Adds to Europe's Vacation Lure for Tourists from United States and China" Associated Press, 15 April 2015 Bloomberg News,"Europe Gas at 5-Year Summer Low With Traders Relaxed on Russia" Bloomberg News, 1 April 2015 CNBC,"Is the Money Flooding Back to Egypt?" CNBC, 13 March 2015 The Daily Telegraph,"Oil prices Jump on Yemen Airstrikes" The Daily Telegraph, 26 March 2015 The Diplomat,"AEC Dream’s Failure ‘Still a Success’" The Diplomat, 29 March 2015 Financial Times,"Oil price has sector’s investors eyeing a windfall" Financial Times, 22 May 2018 Fortune (magazine),"Pfizer to Stop Selling Vaccines in China After Failing to Get New License" Fortune, 2 April 2015 The Globe and Mail,"Water-Poor Saudi Arabia Invests in Canadian Wheat Board’s Grain" The Globe and Mail, 17 April 2015 Infrastructure Investor,"Aboitiz submits unsolicited bit for Philippine airports" Infrastructure Investor, 08 March 2018 Institutional Investor (magazine),"In a Volatile Oil Market, Much of the Action Is Between Benchmarks" Institutional Investor, 15 April 2015 The Japan Times,"Hostage Crisis Awakens Japan to Middle East Risks" The Japan Times, 11 February 2015 Le Monde,"Mobile operators to worry over Google and Facebook" Le Monde, 3 March 2015 Reuters,"Saudi Arabia Raises Crude Prices to Asia for May for Second Month" Reuters, 6 April 2015 The Wall Street Journal,"Oil Prices Fall Ahead of Supply Data" The Wall Street Journal, 7 April 2015 and The Washington Post."Tech Investments Show an Iran Eager to End Isolation" The Washington Post, 6 April 2015
References
External links Official Web Site