Code Red Preps Research "Community"

Code Red co-founder Tim Gavin says the service, dubbed IdeaNet, is expected to announce a partnership with a major research aggregator this week that will provide consensus estimates to buy-side subscribers.

This agreement will be the first piece of the service, which he says should then go live within the next six to eight weeks. Though built completely separately from Code Red's existing software, it shares its main principles with the vendor's Red Alerts system for the buy side, by allowin