Credit Suisse and Relegence, a real-time search and news engine for the global financial services industry, have enhanced their joint venture product, Relegence Connect. The product now provides quantitative metrics, enabling users to identify investment opportunities in a real-time environment within organisations and industries.
Relegence Connect addresses the needs of traders, portfolio managers and research analysts by giving users access to news flow, trading ideas and research and monitoring tools in one platform. Taking up four square inches on the user’s screen, the product is suited for quick referencing and scanning, says the firm. Relegence Connect provides all information in a real-time environment on a user-selected screen, giving users the ability to develop and execute strategies faster than their competitors.
To support this new product, Relegence has appointed Scott Manganelli as sales specialist. Mr. Manganelli is a former trader with 10 years experience on the buy and sell side. He will work closely with new and existing Relegence clients to manage the implementation of this new tool, as well as generate new business.
“By adding correlations and quantitative metrics to the company relationship data housed within Relegence Connect, we are providing users with a powerful tool which helps them generate ideas and adds a new perspective to the investment process,” says Steve Fadem, president, Relegence.
“Working in partnership with Credit Suisse we are able to serve the needs of investment professionals within financial institutions who are constantly searching for ways to digest and act on information ahead of their competition,” he explains. “Relegence Connect gathers and collates news for the 2,600 companies covered by Credit Suisse in over 45 countries with over 40,000 relationships across the globe. The service offers real-time news, market data and advanced filtering functionality in an integrated, easy-to-use desktop application,” he adds.