Advent Software, the US wealth and investment management software firm, has unveiled Tamale RMS 6.0, with new tools to let clients automate the capture, distribution and search for investment research data.

The company said that many firms are hampered by inefficiencies that hinder their ability to collect and share large volumes of data. Advent said Tamale RMS is the “industry’s first research management solution”.

“The volume of information investment managers must consider in order to make critical decisions can be daunting. Their clients count on them to make the most well informed decisions possible, often in very short time-frames,” said Ken Jacobson, vice president and general manager, Tamale at Advent Software.

The new product will be available in the fourth quarter of this year.