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.