Code Red Releases 5.0 Version of its Leading RMS and Rebrands the Product to Code Red RMS

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Release 5.0 marks the anniversary of Code Red's eighth year in business. Over that time, Red Alerts RMS has evolved into the dominant force in the research management space. With release 5.0, the newly rebranded Code Red RMS sets a new standard in scalability and customization allowing for easier installations, intuitive navigation, and a more robust experience.

"As part of this exciting new release with its new ‘look and feel’, we have chosen to rebrand the product from Red Alerts RMS to Code Red RMS 5.0,” explains Code Red CEO Tim Gavin.

Release 5.0 marks the anniversary of Code Red's eighth year in business. Over that time, Red Alerts RMS has evolved into the dominant force in the research management space. With release 5.0, the newly rebranded Code Red RMS sets a new standard in scalability and customization allowing for easier installations, intuitive navigation, and a more robust experience.

As a result of an expanding client feedback function, hundreds of front end enhancements have been added to this release including menu merging, customized context menus, improved keyword filtering, an overall improved look and feel, and increased flexibility and usability of the application. The new release enables end-users to use Code Red RMS 5.0 on the web and on complementary devices including iPad. Other PDA applications will be available shortly.

Code Red RMS 5.0 enhancements will improve the speed of accessing data for organizations with worldwide offices. Optimized caching allows users to quickly retrieve frequently accessed data from local storage, increasing efficiency even in remote areas with limited bandwidth.

One of the most obvious visual developments is the integration of Microsoft Ribbon technology. Code Red RMS 5.0 now provides an intuitive graphic ribbon which group's menus, toolbars, and a new quick find functionality. Another significant upgrade in Code Red RMS 5.0 is the inclusion of Deployment Manager, a new tool that automates the deployment process from one environment to another.

"As part of this exciting new release with its new ‘look and feel’, we have chosen to rebrand the product from Red Alerts RMS to Code Red RMS 5.0,” explains Code Red CEO Tim Gavin. “With our new Deployment Manager, we can help large firms with multiple environments such as development, UAT, and production, to keep them easily synchronized. This tool takes the migration time between systems from several hours to a few seconds. This tool also allows us to get a new client in specific asset classes up and running in a much shorter period of time. This new version further illustrates why Code Red leads the way in technology in the Research Management space.”

Code Red RMS scales across all levels of asset classes, geographic complexity and investor size. Code Red RMS clients range across the spectrum of investor types including Alternative Asset Managers, Consultants, Endowments, Family Offices, Foundations, Global Asset Managers, Pensions, and Private Equity.

The past twelve months has marked the most significant growth in the number of clients and users since the inception of Code Red. With the current and expected demand for version 5.0, the company has been hiring in all global offices and in all capacities to continue to provide top level software and support.

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Jaime Bean
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