SOURCE: Tamale Software, Inc.

January 28, 2008 10:15 ET

Tamale Software Surpasses 100 Clients Milestone

Research Management Trend Grows

NEW YORK, NY--(Marketwire - January 28, 2008) - Tamale Software, Inc., the market leader in Research Management, is excited to announce a significant achievement and important milestone for the company. In December of 2007, Tamale Software signed our 100th client and finished the year with 102 total clients representing over 1,500 investment professionals. Since introducing Research Management to the investment industry in 2004, Tamale has become the clear industry leader and top choice among some of the world's most highly regarded fund managers.

In anticipation of continued strong demand in 2008, Tamale Software has invested significantly at all levels of the business. With over 70 employees across six offices (New York, London, Boston, Chicago, Los Angeles and San Francisco) Tamale has doubled the size of our office space in New York, Boston and San Francisco and in mid 2007, opened a new office in London's West End.

Tamale RMS, the firm's innovative product, helps investment professionals manage their investment ideas more effectively and easily access all of the firm's research. Investment professionals at hedge funds, traditional asset management firms, pension funds, endowments, fund of funds, and private equity firms use Tamale RMS.

Scott Nicholas, Director of Research at LightKeeper Investments, LP, said, "We selected Tamale RMS for its usability and work process improvement; it increased our productivity and improved communication and collaboration among our firm. We also realize the value in Tamale's ability to retain our intellectual property and among other things, integrate with all of our current applications. Tamale provides us an easier way to efficiently manage our research."

"Our 100th client is not only a milestone for Tamale Software, but for the industry, as the rapid adoption of Research Management Solutions by many of the world's foremost funds has led to a new industry standard. The increasing volatility of markets, combined with the amount of information available to the investment professional, makes RMS a necessity as the only way to easily and quickly find the information you want when you need it," said CEO of Tamale Software, Mark Rice. "Many companies are realizing that the use of outlook folders and shared drives is nearing its performance limits and that the next-step change in improvement can only be achieved through the integration of tools such as Tamale."

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, fund of funds and private equity firms rely on Tamale RMS to support their research process. Tamale has offices in New York, Boston, San Francisco, Chicago, Los Angeles and London.

Contact Information

  • Contact:
    Mike Refojo
    SVP of Sales
    Tamale Software, Inc.
    Email Contact
    617.519.3232