Series of seven company growth forecasts project Moody’s Analytics 2018 year-over-year growth will lead the industry Driven by strong demand for information and tools from key industry players, spending on financial market data/analysis and news is forecast to set new...
Major Wall Street banks like Goldman Sachs and JPMorgan have invested almost $300 million in Symphony, a startup building encrypted, cloud-based communication tools. Google is also an investor. The banks want to build a platform they can all communicate on to...
New league tables provide the industry with benchmark rankings of global market data companies by user types, products and company segments The Global Financial Market Data/Analysis industry generated over USD28 billion in revenue last year, although not all providers experienced equal...
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...
IHS Markit, a provider of financial data, will pay around $1.9bn (€1.6bn) to acquire its smaller rival Ipreo from funds managed by Blackstone and Goldman Sachs. Ipreo provides information to firms raising capital and the transaction is the latest in the...