S&P Global finalizes acquisition of Visible Alpha
Last week, S&P Global announced the successful completion of its acquisition of Visible Alpha, a financial technology provider of deep industry and segment consensus data.
Executives said the acquisition creates a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence’s Capital IQ Pro platform.
According to a news release, Visible Alpha will operate within the S&P Global Market Intelligence division. S&P Global first announced its agreement to acquire Visible Alpha in February.
Founded in 2015, Visible Alpha provides consensus forecast estimates, key performance indicators, and analytics from in-depth sell-side analyst models and distributes the data through a variety of distribution channels including a web-based platform, APIs and feeds.
Visible Alpha is backed by a group of investment banks that are key contributors of research and data to the platform. Adam Kansler, president of S&P Global Market Intelligence, said their continued contributions will further enhance the depth and breadth of the overall Visible Alpha and S&P Capital IQ Pro offering.
“Visible Alpha and its innovative team are an outstanding complement to S&P Global’s culture and capabilities,” Kansler said in the news release.
“The integration of Visible Alpha into S&P Capital IQ Pro demonstrates another transformative leap for our platform and reflects our combined commitment to providing customers with the highest quality investment research, estimates and analytics in the market,” Kansler went on to say.