Code Red Lands Deal with Fidelity Investment Management
London-based Fidelity Investment Management will use Code Red's Red Alerts RMS to manage equity, fixed income and fund of funds research. Once the implementation is complete about 400 non-North America-based Fidelity users will be live on the system.
Code Red, headquartered in Boston, has traditionally dealt with hedge funds and asset managers, but it has looked to expand into the fund of funds, foundations and endowment spaces in recent months.
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