Last week, IHS Markit announced its plan to acquire Ipreo for $1.855 billion through bank financing, increasing the companies pro forma bank leverage above target to 3.6x. The company aims to create cross-selling opportunities for IHS Markit and Ipreo as well...
At the beginning of the year, S&P Global, the third largest market data provider in the industry, announced the acquisition of Kensho Technologies Inc. a leading developer and provider of artificial intelligence (AI), machine learning, and data visualization systems to...
What do we want? DATA. When do we want it? NOW. Financial Data/Analysis spending has seen its eighth consecutive year of global growth according to Burton-Taylor’s recent benchmark report of the market data industry. The industry’s spending reached an all-time high in 2017 at...
The global exchange industry saw a resurgence in growth in 2016, with total industry revenues increasing to a record $28.3 billion for the year, as strong market data and index revenues supported revenue gains. Industry revenues were still dominated by trading...