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Business information vendor Alacra says its new Alacra-on-Demand (AOD) research service has recently seen significant adoption by asset managers, hedge funds and private equity firms.
AOD had a soft launched in February and provides “a team of experienced researchers on an ad-hoc, pay-as-you-go basis to conduct specialist research,” according to a company statement. Alacra officials say the new service has been well-received among buy-side firms and that it’s fulfilled requests for custom reports and analysis for hundreds of new clients since launching.
“Alacra-on-Demand is the only service which provides on-demand research across such a broad range of information sets,” Steve Goldstein, CEO of Alacra, in a statement. “One of the reasons this service is so important is the shrinkage of library and support teams. We combine data from Thomson Reuters, credit rating agencies, market research publishers and several economic data/research suppliers to provide a truly comprehensive service,” Goldstein adds.
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