Relegence and Credit Suisse enhance real-time news delivery tool

Source: Relegence

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 user's 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. 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 Suisse's Global Head of Equity Research states, "Leveraging 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."

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