Eze Castle Software Offers Integration with Code Red’s Research Management System

Code Red’s Red Alerts research management product integrates with Eze Castle Software’s Traders Console OMS and Commission Optimizer products.

Boston, MA (PRWEB) March 29, 2006 -- Eze Castle Software, a leading provider of technology solutions to multi-strategy, global investment managers, has integrated their product suite with Code Red’s research management system (RMS). The integration enables clients to send data from ECS’s Traders Console OMS to Code Red’s Red Alerts RMS. Clients of ECS’s Commission Optimizer, commission budget and management software, can also integrate Red Alerts’ broker research rankings into their online voting module. Both parts of the integration are managed through ECS’s Tradewinds data hub.

The integration between Red Alerts RMS and ECS’s Traders Console OMS enables Red Alerts to receive position, trade, and security master data from the OMS, accounting system, or prime broker through ECS’ Tradewinds ASP data hub. Red Alerts processes this data and correlates it with the corresponding research items. This integration keeps portfolio managers, analysts, and the marketing team informed about their positions and enables them to tie back the research that influenced their decisions for the position.

The integration between Red Alerts RMS and ECS’s Commission Optimizer enables clients to embed Red Alerts’ broker research rankings into their online voting module, enabling the ranking of research and analysts. This part of the integration eases the compliance burden on investment professionals, while adding value to the research process.

“The system integration between Red Alerts and Eze Castle Software’s products offers clients a streamlined process for updating important decision-making data,” says Tim Gavin, Chief Executive Officer of Code Red. “Portfolio managers and analysts need to work with current positions and accurate security data to ensure their decisions and calculations for trades are based off the same data the traders are working with. Having an audit trail of the trade data and the research that the trade was based on is a key component of Red Alerts. Clients can quickly search for the research associated with the trade to analyze their decision to buy or sell a security. And, the ability to send Red Alerts research rankings to Eze's online broker voting tool completes the research and commission circle.”

“Partnering with Code Red is one of the many ways we are looking to provide our clients with tools that help manage the research delivery process,” says Rob Keller, Vice President of Product Management at Eze Castle Software. “Our clients want to better understand how they use and value research.”

Boston-based Code Red developed the research management system (RMS) product Red Alerts to manage and track all investment research used by portfolio managers and analysts. Red Alerts provides users with position alerts, integrated real-time news and event feeds, and the ability to aggregate, store, qualify, and search research.

About Eze Castle Software
Since 1995, Eze Castle Software (ECS) has provided investment management firms with cutting-edge technology solutions to automate the investment process. With over 260 clients and offices in Boston, New York, San Francisco, Stamford, and London, Eze Castle Software is one of the largest order management product firms in the industry. Eze Castle Software’s Product Suite provides multi-strategy global investment managers with the technology to support multi-asset-class order management, compliance, portfolio modeling, electronic trading, third-party data integration, mobile connectivity, real-time p/l, and commission management.

About Code Red, Inc.
Founded in 2004 by former Eze Castle Software executives Tim Gavin and Dwight Wyatt, Code Red provides portfolio managers and analysts research management system, Red Alerts, to store and access research on their existing positions. Code Red, Inc. also provides technology consulting services for Hedge Funds and Investment managers.

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