Source: The Thomson Corporation
The Thomson Corporation (NYSE: TOC; TSX: TOC) today announced that it has completed the acquisition of Quantitative Analytics, Inc. (QAI), a leading provider of database integration and analysis solutions to the financial services industry.
Today, QAI becomes a part of Thomson Financial's Corporate Services, Investment Banking & Investment Management group.
"We are very pleased to welcome QAI to Thomson and are excited about the future prospects of our combined operations," said Sharon Rowlands, president and chief executive officer of Thomson Financial. "We will now work to integrate QAI's technology within our Thomson ONE framework, in order to provide our global Investment Management clients with integrated, multi-asset class workflow solutions that will ultimately help to improve their financial performance."