FactSet acquires Code Red, a search management provider

NORWALK, Connecticut, February 9, 2015 (GLOBE NEWSWIRE) – FactSet Research Systems Inc. (NYSE: FDS) (Nasdaq: FDS), a leading provider of integrated global financial information and analytical applications to the investment community, has announced today it has acquired Code Red, Inc.

Code Red provides research management technologies to the investment community, including endowments and foundations, institutional asset managers, sovereign wealth funds, pensions and hedge funds. Code Red enables companies to combine their research, unique workflows, and data from multiple systems into an efficient, comprehensive, and repeatable investment process. Code Red contains all the information and tools that investment professionals use to make more informed investment decisions.

“With the addition of Code Red to FactSet’s existing RMS solution, FactSet now offers a complete search management solution for all of our clients’ workflows,” said Eric Weitzman, vice president of product development. for FactSet. “We are confident that the investment community will derive great value from this partnership.”

“Code Red is proud to join FactSet and further develop our research management technology. Code Red shares FactSet’s vision to become the industry leading solution for search management, ”said Tim Gavin, CEO of Code Red.

About FactSet

FactSet, a leading provider of financial information and analysis, helps the world’s best investment professionals outperform. Over 55,500 users stay ahead of global market trends, access comprehensive business and industry information, and monitor performance with desktop analytics, mobile apps and comprehensive data feeds from FactSet. The company has been included in FORTUNE’s 100 Best Companies to Work for, Great Places to Work in the UK and Best Places to Work in France. FactSet is listed on the New York Stock Exchange and on the NASDAQ (NYSE: FDS) (Nasdaq: FDS). Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.

About code red

Code Red, a global provider of investment research technology, enables organizations to efficiently organize the methods of contact tracing and management, data aggregation, due diligence and compliance in a corporate workspace which models a complete and reproducible investment process around proprietary workflows. The Red RMS ™ Code is implemented in asset management companies, consulting firms, endowments and foundations, funds of funds, hedge funds, insurance companies, mutual funds. investment, pension funds, private equity firms and sovereign wealth funds. Learn more at www.coderedinc.com. Code Red Inc. was advised by DGZ Associates, Inc.

Source link

Leave a Reply

Your email address will not be published.