Code:Red Continues Record Growth and Global Expansion - Signs Several Key Regional and Global Asset Managers

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Code:Red, the leading provider of research management solutions, end 2013 with another year of outstanding growth and continues the momentum through the first two months of 2104. Over the last 14 months, insurance providers, sovereign wealth funds, large global banks and asset managers selected Code:Red as their provider of research management systems.

Code:Red continues to onboard significant global financial industry participants in every investor category as a result of its increased product functionality and the extension of its brand into international markets. Currently Code:Red clients manage over USD$3 trillion.

Code:Red’s consulting offices in Asia provide a solid base to support new client growth in Singapore, mainland China and Japan. Expanding its global consulting group is an obvious outcome given the surge in client onboarding. The hiring trend covers all of Code:Red's offices in the US, Europe and Middle East enhancing regional and global support to clients.

Code:Red has also expanded its outsourced programming group to double the size of the product development team providing continued unique enhancements and accelerating the company's pace of product innovation.

"The growth of our business geographically as well as the increased diversity of our client base demonstrates that firms require an open, and flexible system with a rich set of functionality that is also easy and intuitive to use,'' said Code:Red CEO Tim Gavin. ''All signs indicate another very positive year in 2014 for Code:Red,'' he added.

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Jaime Bean
Code Red Inc.
+1 (212) 867-6364
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