YouDevise Improves TIM Analysis

Abstract

YouDevise, a provider of technology for distributing trade ideas between dealers and buy-side clients, has added new features to its Trade Idea Monitor platform to perform more detailed sentiment analysis and more flexible reporting, officials said. The other new features relate to how firms measure the importance of a broker's contribution to their portfolio's return, which is key for brokers whose performance and commission can be gauged based on their activity within the TIM, and which buy-side firms can use to rationalize brokers whose ideas underperform the market, US client director Dianne McCoubrey says.