FactSet Acquires Code Red, Provider of Research Management Technologies
09 February 2015 - 11:00PM
FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading
provider of integrated global financial information and analytical
applications for the investment community, today announced it has
acquired Code Red, Inc.
Code Red provides research management technologies to the
investment community, including endowments and foundations,
institutional asset managers, sovereign wealth funds, pensions, and
hedge funds. Code Red enables firms to combine their research,
unique workflows, and data from multiple systems into an efficient,
complete, and repeatable investment process. Code Red is home to
all the information and tools investment professionals use to make
more informed investment decisions.
"With the addition of Code Red to FactSet's existing RMS
solution, FactSet now offers a complete research management
solution for all of our clients' workflows," said Eric Weitzman,
Vice President of Product Development for FactSet. "We are
confident that the investment community will derive great value
from this partnership."
"Code Red is proud to join FactSet and to further develop our
research management technology. Code Red shares FactSet vision of
becoming the industry-leading solution for research management,"
said Tim Gavin, CEO of Code Red.
About FactSet
FactSet, a leading provider of financial information and
analytics, helps the world's best investment professionals
outperform. More than 55,500 users stay ahead of global market
trends, access extensive company and industry intelligence, and
monitor performance with FactSet's desktop analytics, mobile
applications, and comprehensive data feeds. The Company has been
included in FORTUNE's Top 100 Best Companies to Work For, the
United Kingdom's Great Places to Work and France's Best Workplaces.
FactSet is listed on the New York Stock Exchange and NASDAQ
(NYSE:FDS) (Nasdaq:FDS). Learn more at www.factset.com, and follow
us on Twitter: www.twitter.com/factset.
About Code Red
Code Red, a global provider of investment research technology,
enables firms to efficiently organize methods of research and
contact management, data aggregation, due diligence, and compliance
into an enterprise workspace that models a complete and repeatable
investment process around proprietary workflows. The Code Red RMS™
is implemented at asset management firms, consulting firms,
endowments and foundations, fund of funds, hedge funds, insurance
companies, mutual funds, pension funds, private equity firms, and
sovereign wealth funds. Learn more at www.coderedinc.com. Code Red
Inc. was advised by DGZ Associates, Inc.
CONTACT: Rachel Stern
203.810.1000
FactSet Research Systems (NYSE:FDS)
Historical Stock Chart
From Apr 2024 to May 2024
FactSet Research Systems (NYSE:FDS)
Historical Stock Chart
From May 2023 to May 2024