Financial data and analytics provider S&P Global has announced that it is acquiring With Intelligence, a provider of data, intelligence, and connections for the global asset management industry, in a deal worth $1.8 billion. The seller is a group led by majority investor Motive Partners, a private investment firm. Officials expect the deal to close… Read More >>
Nomura Securities Analyst Models Available via S&P Global
Analyst models from Tokyo-based investment bank Nomura Securities are available via the S&P Global Visible Alpha consensus collection of sell-side analyst models, S&P Global announced via a blog posting. “The 30+ publishing analysts from Nomura currently cover more than 600 companies, providing specific model line items to thoroughly understand a company’s performance and trends, KPI-specific… Read More >>
KKR Finalizes $3 Billion Acquisition of OSTTRA
Following an initial announcement in April, private equity giant KKR has completed its acquisition of OSTTRA — jointly owned by S&P Global and CME Group — a post-trade provider valued at $3.1 billion whose major offerings are the MarkitServ, Traiana, TriOptima, and Reset solutions for over-the-counter (OTC) markets. Earlier this year, S&P Global and CME… Read More >>
Expansion Drives RJO-StoneX’s Union & KKR’s Purchase of OSTTRA
StoneX Group Inc., a global financial services network, has entered into a definitive agreement to acquire futures brokerage R.J. O’Brien (RJO), while private equity giant KKR will purchase post-trade solutions provider OSTTRA from co-owners S&P Global and CME Group. In both cases, the main driver was the expansion of clients and offerings. RJO to Join StoneX RJO will join StoneX… Read More >>
A New Era Is Coming for Customer Lifecycle Management
(A change is underway for financial institutions that is driving the adoption of workflow orchestration tools. Instead of investing in internal technology projects from scratch, they are looking to adopt out-of-the-box client lifecycle management tools so they can be more nimble and competitive in an ever-changing regulatory landscape. In this sponsored Q&A, Marissa Tota, a… Read More >>
New School Robots Need Old School Rules: Panel
Securities firms should apply old school best practices of IT and staff management when they consider resolving operational issues with robotic process automation (RPA) implementations, according to a panel discussion that was part of a recent ISITC conference. The members of the panel discussion, “Why AI and Robotics? The Allure of Intelligent Automation,” were Jason… Read More >>
Bloomberg Tradebook Launches OPTX to Overhaul Trade Execution
OPTX to Work with Bloomberg Professional Services International agency broker Bloomberg Tradebook is attempting to overhaul the agency business model with the launch of the OPTX single platform that exploits quantitative data models and analytics to optimize order routing and other aspects of electronic execution operations. Bloomberg Tradebook works with buy- and sell-side firms to… Read More >>
S&P Global to Sell QuantHouse
S&P Says a QuantHouse Founder Is the Buyer S&P Global has entered into a definitive agreement to sell Quant House SAS (QuantHouse) to a company owned by Pierre Feligioni, one of QuantHouse’s original founders, according to S&P Global officials, who decline to disclose terms of the transaction were not disclosed. QuantHouse offers trading solutions such… Read More >>
