S&P Capital IQ boldly states in its announcement: “Together with Recent Acquisitions of Risk Analytics Leader R2 Financial Technologies and Low-Latency Data Provider QuantHouse, Purchase Solidifies S&P Capital IQ’s Leadership Role Among Providers Of Financial Information Solutions.”
S&P Capital IQ, a business line of The McGraw-Hill Companies (NYSE: MHP) offering global multi-asset class data solutions, market research and portfolio risk analytics to global investors, announced the completion of its acquisition of London-based Credit Market Analysis Limited (CMA), a leading source of independent data in the over-the-counter markets, from CME Group.
The acquisition was part of an agreement to establish a new joint venture in the rapidly growing index business, S&P Dow Jones Indices, which also closed today. With over $6 trillion in assets benchmarked to S&P Dow Jones Indices’ products, S&P Dow Jones Indices is the world’s largest, global resource for index-based concepts, data and research. In addition, it is home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®.
The purchase of CMA, along with the recently announced acquisitions of Toronto-based R2 Financial Technologies and Paris-based QuantHouse, provides S&P Capital IQ with the components necessary to offer its clients broad market data and risk analytics platforms in the industry.