initiating-coverage

Generating institutional equity research initiation reports requires a strict five-task workflow that processes a company ticker into structured deliverables. It sequentially executes company research, financial modeling, valuation, chart generation, and final DOCX report assembly with Taiwan localization.

First-time coverage workflow deliverables include a 6,000-8,000 word research markdown file, a multi-tab Excel financial model, valuation write-up, a zip of 25-35 charts, and a 30-50 page DOCX report. These files are generated sequentially with strict prerequisite checks.

You can use twstock MCP as the preferred data source for Taiwan localized equity research reports. The workflow generates traditional Chinese outputs and enforces a no-fabrication constraint by marking unverified data with a specific tag.

Single-task execution enforces financial modeling prerequisites by strictly verifying dependencies before allowing progression to the next stage. Each of the five initiation tasks must be completed individually before authorizing the subsequent analysis phase.

The equity research initiation workflow does not support parallel chart generation and report assembly. It strictly enforces one-task-at-a-time execution with prerequisite verification, requiring chart generation to complete fully before report assembly begins.