Seventh Wave Systems has joined RIXML.org, a consortium of buy-side, sell-side and vendor firms committed to the development and implementation of the first open standard for investment research, as an associate member.
"We are pleased to have a research solutions and technology company of Seventh Wave stature joining our consortium," says Michael Skutinsky Jr., executive director, RIXML.org. "It presents RIXML.org with an opportunity to expand our global standard and to have another member who can provide a service that supports the RIXML schema and concept."
Seventh Wave Systems has designed investment research delivery and management system ReachIS, which it says serves the needs of both suppliers and users of investment research.