Cogent Consulting and Tamale Software Develop Solution for Institutions and Hedge Funds to Manage and Value Broker Research.SUMMIT, N.J. & NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Cogent Consulting LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Tamale Tamale (təmä`lē), town (1984 pop. 136,828), capital of the Northern Region, N Ghana. It is a road junction and agricultural trade and education center. Software, Inc. today announced that they have created an all-in-one solution that makes it possible for institutional investors and hedge funds to both manage and document the value of equity research generated by brokerage firms and boutiques, by enabling Tamale's RMS (1) (Record Management Services) A file management system used in VAXs. (2) (Root Mean Square) A method used to measure electrical output in volts and watts. 1. RMS - Record Management Services. 2. (TM) (Research Management Solution) to seamlessly feed information into Cogent's ResearchTrak(TM) and HedgeTrak(TM) broker review and voting systems. This announcement is particularly relevant in light of the SEC's interpretative statement issued last week, which requires money managers, if they want to use soft dollars, to "determine in good faith that the commissions they pay are reasonable in relation to the value of the brokerage and research services they obtain." US money managers last year paid more than $11 billion in commissions for proprietary or bundled trading and research services, plus more than $1 billion for third party services, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent report by Wall Street consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Aite Group, LLC. "The Tamale-Cogent integration makes it easy for money managers to comply with the SEC's 'good faith' test," said Robin Hodgkins, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cogent, based in Summit, NJ. "In the course of normal activities, analysts capture their research in Tamale, and then evaluate its contribution using ResearchTrak or HedgeTrak when voting quarterly or semi-annually on how to allocate trading commissions to sellside brokers and third party research firms." "Tamale and Cogent are the leading vendors in their respective areas," added Mark Rice, CEO of Tamale Software. "This combination provides a best of breed solution for a fund to both manage its research to make better investment decisions, and use the research data to identify brokers providing the most value." ResearchTrak / HedgeTrak is regarded as the leading tool used by buyside traders, portfolio managers and analysts for reviewing and allocating trading commissions. Tamale RMS is the industry leader for managing proprietary research and enables managers and analysts to organize and collaborate on their research, generate ideas, and find what they need quickly. Collectively, Tamale and Cogent serve a significant number of institutional investors and hedge funds around the world who manage a total of more than US $2 trillion. About Cogent Consulting LLC Cogent Consulting LLC (www.cogentconsulting.com), based in Summit, NJ, is the developer of the ResearchTrak(TM) and HedgeTrak(TM) broker review and voting systems, the leading solutions for broker performance reviews. Founded in 1983, Cogent specializes in financial and corporate software solutions and consulting. About Tamale Software, Inc. Tamale Software, Inc. (www.tamalesoftware.com), based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , is the pioneer and market leader in Research Management Solutions (RMS). With offices in New York, Boston, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and London, Tamale delivers a comprehensive solution to help investment organizations more efficiently manage their research process. |
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