08 October 2015

S&P Capital IQ buys Quanthouse

03 April 2012  |  5909 views  |  0 handshake

McGraw-Hill unit S&P Capital IQ has acquired market data and trading technology vendor Quanthouse. Financial terms of the deal were not disclosed.

Founded in 2005, Quanthouse provides low-latency market data technologies, algo-trading development frameworks, proximity hosting and order routing services for hedge funds, market makers, proprietary desks and sell-side firms.

The privately-held company's 90 employees, based in Paris, London and New York, will become "a critical component" to S&P Capital IQ's strategy as part of the Enterprise Solutions unit.

In the short term, its products and services will continue to be sold as standalone feeds and applications, although all S&P Capital IQ and S&P Indices content will gradually be consolidated into QuantHouse feeds.

Lou Eccleston, president, S&P Capital IQ, says: "The acquisition of QuantHouse will provide our clients with access to exchange pricing globally, including securities valuations and portfolio analytics, throughout all our desktop and enterprise solutions. In addition, the extensive capabilities QuantHouse brings will enable S&P Capital IQ to build our own unique real-time monitors, derived data sets and analytics."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

02 February, 2007

Related company news


Top topics

Most viewed Most shared
BNP Paribas to pilot cards with dynamic CV...
7165 views comments | 32 tweets | 37 linkedin
European Parliament rubberstamps Payment S...
5318 views comments | 29 tweets | 32 linkedin
Faster Payments eases access for challenge...
4845 views comments | 20 tweets | 25 linkedin
Retail security bashing lobby group ABA ad...
4447 views comments | 16 tweets | 8 linkedin
Santander InnoVentures joins Ripple fundin...
4214 views comments | 29 tweets | 17 linkedin

Featured job

£100,000 basic, £180,000 OTE + Benefits

Find your next job