New York - On April 8th, Tamale Software--a research management
software firm--announced an agreement with BNY ConvergEx Group to make
available to clients the Jaywalker's Map. The Jaywalker's Map is an
application that allows Tamale Clients to view the BNY Jaywalk
consensus data for stocks covered by Jaywalk's research providers. The
consensus data is aggregated across all research providers on the
platform, regardless of research methodology.
The consensus data will provide users of Tamale with additional information about stocks that have potential to move. Coming on the heels of several other RMS roll-ups the news is not a
great surprise, but is reflective of the degree to which RMS is being
seen as a central component of any suite of services offered to buy
side clients by the brokerage and research communities.
Tamale Software Announces the General Availability of the Jaywalker's Map
NEW YORK, NY--(Marketwire - April 8, 2008) - Tamale Software, Inc.,
the market leader in research management solutions (RMS), and BNY
ConvergEx Group, LLC, a leading provider of global agency brokerage and
investment technology solutions are pleased to announce the general
availability of the Jaywalker's Map.
The Jaywalker's Map is an application allowing users of Tamale RMS
to visualize and explore the Jaywalk Consensus through the lens of a
stock, industry, or portfolio. The Jaywalk Consensus is one of the
investment solutions offered through BNY Jaywalk, which is the
independent equity research consultancy of BNY ConvergEx Group.
The Jaywalk Consensus provides clients with a unique snapshot of
overall opinion on a given stock representing a diverse cross-section
of independent analysts. It is the only metric of its kind that
aggregates opinions across the varying research methodologies of
unbiased sources to create a more balanced overall opinion. The Jaywalk
Consensus serves as an effective catalyst to direct clients toward
stocks that warrant attention in a portfolio, whether positive or
negative.
The Jaywalker's Map
allows Tamale RMS clients to visualize the Jaywalk Consensus and focus
on how opinion changes might impact their interest lists, sectors, or
portfolios within one click of their internal research. The application
was developed and is being delivered by Tamale Central, a division of
Tamale Software. Tamale Central enables the secure and seamless
distribution of data, content, and unique applications to every Tamale
RMS desktop.
"Many of our clients have asked us to integrate independent research
reports into our Tamale platform. We worked with Jaywalk and our
customers to best create a unique application for exploring market data
in the context of research that will help our customers make better
investment decisions. We are excited to be launching our first
application from our Central division with Jaywalk Consensus data,"
said Mark Rice, CEO of Tamale Software.
John D. Meserve, Executive Managing Director, BNY ConvergEx Group,
commented, "We're very excited to partner with Tamale and be in a
position to bring the Jaywalk Consensus to a new segment of the global
institutional buy-side trading community. The combination of the
ConvergEx equity research platform and Tamale technology has resulted
in a completely new way of viewing the consensus opinions of
independent analysts that will improve the investment decision making
process for the better."
About Tamale Software
Tamale Software, Inc. created the first software solution designed
specifically to help investment professionals manage their investment
ideas more effectively and access all of the firm's research easily.
Tamale RMS is the recognized market leader in research management and
was named the best front office innovation of 2007 by The Banker
magazine. Tamale RMS is an easily configurable and customizable
software solution that supports the research and investment decision
making workflow. More than 1,500 investment professionals at hedge
funds, traditional asset management firms, pension funds, endowments,
funds of funds and private equity firms rely on Tamale RMS to support
their research process. Tamale has offices in New York, Boston, San
Francisco, and London. For more information, please visit us online at www.tamalesoftware.com or call (212) 938-1681.
About BNY Jaywalk
BNY Jaywalk is the equity research consultancy of BNY ConvergEx
Group and one of the largest sources of independent, unbiased research
in today's investment marketplace. Jaywalk provides in-depth insight to
clients through a global network of more than 150 independent research
providers who represent a cross-section of methodologies, geographies,
industries and sectors. Our knowledge base pairs in-house expertise
with access to an important global network of Independent Research
Providers (IRPs), powerful research, and performance measurement tools
that can be seamlessly integrated into your decision-making process.
Jaywalk, Jaywalk Consensus and Jaywalker's Map are trademarks of BNY
Jaywalk.
About BNY ConvergEx Group
BNY ConvergEx Group, LLC provides global institutional agency
brokerage and investment technology solutions to institutional clients
worldwide. The Company's key business lines -- Liquidity and Execution
Management, Investment Technologies and Intermediary and Clearing
Services -- focus on a broad array of services designed to deliver a
comprehensive, integrated platform of performance-driven, global
multi-asset class trading capabilities. BNY ConvergEx Group is
comprised of the following businesses: BNY ConvergEx Execution
Solutions LLC (member NYSE/FINRA/SIPC), including BNY Global Transition
Management and LJR Recapture Services; LiquidPoint, LLC (member
CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC);
Westminster Research Associates LLC (member FINRA/SIPC); G-Trade
Services LLC (member FINRA/SIPC); BNY Jaywalk LLC; ConvergEx Global
Markets Ltd. and Eze Castle Software LLC. BNY ConvergEx Group is an
affiliate of The Bank of New York Mellon Corporation. Additional
information is available at www.bnyconvergex.com.
