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Tempest commences India operations

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CIOL Bureau
New Update

BANGALORE: Tempest Consultants, has commenced Web development operations in
India, complementing its existing capability in London. Based at the
International Technology Park, Whitefield, the new company, Tempest Consultants
Private Ltd., will have 50 IT professionals manning it over the coming year.

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Tempest is making its professional rankings of equity research available to
the millions of individual investors who use FT.com. TempestDirect, hosted by
FT.com, the global business portal, will allow individual investors to identity
the most influential analysts globally–on a company, industry sector and
country basis. TempestDirect includes over 7,000 rankings of equity research,
judged by fund management groups and quoted companies. The service is expected
to go live on FT.com in August 2000.

Chairman and CEO of Tempest Stephen Parker said, "What our global family
of rankings does is to provide a widely respected system of evaluation on the
quality of research of individual analysts and teams. This is based on separate
assessments by both, the biggest fund management groups and the quoted companies
in 49 countries around the world. Currently, more than 65 Indian companies are
listed under quoted companies. This figure is expected to increase to 80 next
year. For the first time, individual investors will be able to identify, stock
by stock, the best broker research on over 6,100 corporations. And this will be
in six languages–English, French, German, Spanish, Japanese and Chinese."

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