Cogent Consulting and Tamale Software say that their customers will now have access to a solution that is designed to let institutional investors and hedge manage and document the value of equity research generated by brokerage firms.
The solution combines Tamale’s research management solution with Cogent’s ResearchTrak and HedgeTrak to give users access to broker review and voting systems.
The software offering comes on the heels of a recent announcement from the Securities Exchange Commission, stating that if money managers want to use soft dollars they must “determine in good faith that the commissions they pay are reasonable in relation to the value of the brokerage and research services they obtain.”