S&P Global to buy Visible Alpha and explore Fincentric

Rick Steves

Fincentric is S&P Global’s digital solutions provider focused on developing mobile applications and websites for retail brokerages. Visible Alpha delivers comprehensive consensus data, sell-side analyst models, and analytics.

S&P Global has plans to acquire Visible Alpha, a leading financial technology provider known for its comprehensive consensus data, sell-side analyst models, and analytics.

The firm announced the strategic move as part of its efforts to enhance the fundamental investment research capabilities available on S&P Global Market Intelligence’s Capital IQ Pro platform.

Visible Alpha provides consensus estimates and analytics

By integrating Visible Alpha into S&P Capital IQ Pro, S&P Global expects to hold its position as a top provider in the industry. Established in 2015, Visible Alpha has gained recognition for delivering consensus estimates and analytics derived from detailed sell-side analyst models, research reports, and corporate access events.

The company has successfully partnered with about two hundred premier investment research organizations worldwide, offering valuable data and analytics through various distribution channels, including web-based platforms, APIs, and Feeds.

The Visible Alpha transaction, expected to close in 2024, is subject to customary closing conditions and regulatory approvals. The financial terms have not been disclosed, and the impact on S&P Global Market Intelligence’s overall financial standing is anticipated to be minimal.

Mark Hale, Chief Executive Officer of Visible Alpha, said: “We are thrilled to be joining forces with S&P Global and have the opportunity to delight our combined customer base with the combination of Visible Alpha’s unique data and analytical solutions and innovative technology with Capital IQ Pro’s deep functionality and breadth of content. We are grateful to the banks that have been with us since the beginning and will continue to support Visible Alpha following the transaction.”

Adam Kansler, President of S&P Global Market Intelligence, added: “We remain focused on providing our customers outsized value with the very best capabilities. Visible Alpha has built an incredible reputation with the market and is an ideal fit that will further strengthen the quality of our offering as a leading provider. We have followed Visible Alpha’s growth and have been impressed with its pace of innovation and the valuable insights it provides to its customers. We look forward to welcoming them into the S&P Global family and the Market Intelligence Division.”

Fincentric develops trading technology for retail brokers

S&P Global is also exploring strategic opportunities for Fincentric, formerly known as Markit Digital and acquired through the merger with IHS Markit.

Fincentric is S&P Global’s digital solutions provider focused on developing mobile applications and websites for retail brokerages and other financial institutions. Fincentric specializes in designing cutting-edge financial data visualizations, interfaces and investor experiences.

“‘We are highly disciplined in reviewing our businesses and focusing our investment in our core areas of growth. The acquisition of Visible Alpha, combined with creating new opportunities for Fincentric in a strategic transaction, helps position us forward to execute against some of our largest and most strategic growth areas,” Adam Kansler added.

“Fincentric is a pioneering business with a track record of delivering unique high-quality digital experiences and tools to some of the largest financial institutions in the market. I’ve had the pleasure of working directly with this team over the past decade and seeing first-hand their entrepreneurial approach and the incredible innovation they’ve delivered for our customers. We are excited to see the next phase of Fincentric’s growth and are committed to finding a path for Fincentric that will maximize its opportunity to thrive and capitalize on the many vectors of growth available to this business.”

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