Singletrack Systems, provider of smarter tools for capital markets relationships, today announced that Evolution Securities, a leading investment bank specialising in the UK and European equity and debt markets, has signed an agreement to proceed with a second phase of the rollout of Singletrack Systemsâ Capital Markets Suite, adding âRoadshowâ and âResearch Distributionâ modules and increasing its user base from 85 to 115 users to include Corporate Broking and Corporate Finance.
The Singletrack Capital Markets Suiteâs tools are designed to help sell-side and independent research firms increase sales, improve efficiency and profitability. Built on the powerful SalesforceTM platform and designed by capital markets specialists, Singletrack Systemsâ range of products are more than just a Client Relationship Management (CRM) system. The tools are designed to enable efficient and effective collaboration between research analysts and their sales desks to assist them in offering a bespoke service for their buy-side clients.
In July 2010, Evolution Securities signed up to 85 âseatsâ to use âCall Listsâ, the call list management tool, âResearch libraryâ which enables salespeople and research analysts to rapidly locate and forward research, and âResearch Portalâ which enables investors to rapidly and securely locate the research they need. Effective today, Evolution has agreed to implement the âRoadshowâ tool which simplifies the process of organising research and corporate roadshows, enabling central itinerary management, sales team collaboration and bookbuilding and the âResearch Distributionâ tool enabling Evolution to streamline the management of client research subscriptions and helping to ensure that clients always receive the most relevant research as soon as it is published. As part of this expansion, Evolution has also increased its number of seats from 85 to 115.
Commenting on announcement, John McConnell, Head of European Equity Sales of Evolution Securities said, âWe were impressed from the outset with Singletrack Systemsâ products and over the past year Iâve been pleased at how intuitive and easy to use the tools have been. The Singletrack Systems team worked closely with our internal teams to integrate Call Lists, Research Library and Research Portal and we look forward to the benefits and further efficiencies that the Roadshow and Research Distribution tools will bring.â
Stuart Berwick, CEO of Singletrack Systems added, âWe are delighted that Evolution Securities has decided to realise the second phase of their implementation of Singletrack modules, extending their usage not only in terms of seats, but they have also pushed the service across the corporate broking and corporate finance desks as well. All our product development stems from the premise that we understand capital markets sales and client relationships and that we try to make our products as simple to use as possible. We are confident that the Roadshow and Research Distribution tools will help Evolutionâs teams provide an ever-improved service for their end clients.â