BNY ConvergEx Group, LLC, a provider of agency brokerage and investment technology applications, and Code Red, a provider of research management applications, has formed a strategic alliance to provide Jaywalk’s independent research reports through Code Red’s Red Alerts research management system (RMS) and their IdeaNet research distribution hub.
Jaywalk is the independent research consultancy of BNY ConvergEx Group and the first research provider to offer research through the IdeaNet platform.
“Integrating with research providers to bring together research data and investment ideas in one central system is the next logical step for our RMS offering,” says Tim Gavin, CEO of Code Red.
“As a strategic partner to ConvergEx we can offer seamless integration with their full suite of related products, including Eze Castle’s OMS and Commission Optimizer. We are particularly excited about having Jaywalk as our first IdeaNet integration point, which will give our clients direct access to the often untapped universe of independent research data that is directly related to their investment ideas, without having to leave Red Alerts RMS.”
“This integration further enhances our ability to provide clients with unique services and solutions that help augment their investment decision-making process,” adds John D. Meserve, Director of BNY ConvergEx Group.
“Partnering with Code Red will allow our mutual clients to easily align Jaywalk research with their research objectives.”