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Latest Press Releases
Relegence & Credit Suisse "Connect" To Win Banker Awards 2006 NEW YORK, July 10, 2006 - The Relegence Corporation today announced that it has been awarded the 2006 overall sell side innovation award by The Banker for its creation and implementation of Relegence ConnectTM. RelegenceConnect is the world's first real-time relational insight solution, complete with visualization tools, that enables users to expand their trading universe and quickly identify lateral trading opportunities ahead of the market. In today's financial market environment, investors must monitor broad industry landscapes and world regions to keep pace with events that could have an impact on their holdings. RelegenceConnect enables investors to capture critical information by combining unique news sourcing and filtering with company food chain relationships. Relegence's service pulls in over 20,000 sources - news wires, Web sites, regulatory filings, newspapers and blogs - and allows users to filter this information flow based on their customized information needs. RelegenceConnect gathers and collates news for the 2,600 companies covered by Credit Suisse in over 45 countries with over 40,000 relationships across the globe. The service offers real-time news, market data and advanced filtering functionality in an integrated, easy to use desktop application. It combines the capabilities of the premier financial search engine and market intelligence platform, with the most innovative of equity research tools on the market, backed by 150 years of innovative banking solutions from Credit Suisse. According to Stefano Natella, Global Head of Equity Research for Credit Suisse, this service is of great value to the Bank. "RelegenceConnect is a highly innovative product that provides firms the ability to expand their trading universe and quickly identify lateral trading ahead of the market. The technology is superior and the targeting is impeccable," said Natella. Relegence President, Steve Fadem said, "We are honored to receive The Banker overall sell side award for the RelegenceConnect product. Working with Credit Suisse, we have developed a technology that is of tremendous value to the securities industry, and we look forward to continuing to build on this technology as a market innovator, providing cutting-edge solutions to our customers which allow them to gain instant advantage in the market." According to The Banker's Technology Editor, Dan Barnes, ""Information has no value without a context in which to place it. The Relegence solution has enabled Credit Suisse to take a company announcement and view it within a hugely expanded picture. By connecting the web of relationships that a company has with the rest of the market, Relegence enables banks to understand the potential effects of changes within this network. The judges noted that 'an aggregated market intelligence perspective' was an invaluable tool and were impressed at Relegence's ability to make the concept reality." About Credit Suisse As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. About Relegence The Relegence Corporation is the leading real-time financial services search engine, providing market and business intelligence to global buy-side and sell-side institutions. Relegence's automated infrastructure uniquely aggregates structured and unstructured information from over 20,000 global information services, including all the major newswires, business-oriented web, street research, regulatory filings and a corporation's internal resources, all in multiple languages. In addition to its cutting-edge technology, Relegence has created the world's largest businessfocused news pipeline delivering customized live content to users in real-time, to any communications device. For more information please visit www.relegence.com. |
