Advent to acquire Tamale Software

Buy-side technology provider Advent Software has announced the signing of a definitive agreement under which Advent will acquire Tamale Software. Tamale's flagship offering is known as Tamale RMS, a workflow platform that creates a centralised information hub to manage and access research information. Tamale currently has 1,700 investment professionals using the platform from hedge funds, endowments, funds of funds, private equity firms, and traditional asset management firms.