The Relegence Corporation, the leading real-time search and news engine for the global financial services industry, together with Credit Suisse, have further enhanced their joint venture product, Relegence Connect. The product now provides quantitative metrics, enabling users to identify investment opportunities in a real-time environment within organizations and industries.
Relegence Connect addresses the needs of traders, portfolio managers and research analysts by giving users access to news flow, trading ideas and research and monitoring tools in one convenient, easy to navigate platform. Taking up only four square inches on the userâs screen, the product is uniquely suited for quick referencing and scanning. Relegence Connect provides all information in a real-time environment on a user selected screen, giving users the ability to develop and execute strategies faster than their competitors.
To support this new product, Relegence has appointed Scott Manganelli as sales specialist. Mr. Manganelli is a former trader with 10 years experience on the buy and sell side. He will work closely with new and existing Relegence clients to manage the implementation of this new tool, as well as generate new business.
Stefano Natella, Credit Suisseâs Global Head of Equity Research states, âLeveraging proprietary quantitative metrics such as correlations and alpha factors to the food chain data in Relegence Connect has created a quick and efficient way for our users to identify lateral trading opportunities.â
âWorking in partnership with Credit Suisse we are able to serve the needs of investment professionals within financial institutions who are constantly searching for ways to digest
and act on information ahead of their competition,â explains Relegence President Steve Fadem. âRelegence Connect gathers and collates news for the 2,600 companies covered by Credit Suisse in over 45 countries with over 40,000 relationships across the globe. The service offers real-time news, market data and advanced filtering functionality in an integrated, easy to use desktop application.â
Fadem adds, âBy adding correlations and quantitative metrics to the company relationship data housed within Relegence Connect, we are providing users with a powerful tool which helps them generate ideas and adds a unique perspective to the investment process.â