IMAKE Consulting sold to Standard & Poor's.Standard & Poor's (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), a division of McGraw-Hill and a provider of financial market intelligence, credit ratings, risk evaluation and investment research data, has acquired IMAKE Consulting (Bethesda, MD), a provider of software and information services See Information Systems. for the structured finance market, and ABSXchange (Bethesda, MD), a provider of finance data, analytics and modeling for the financial community. No terms of the deals were given. The two acquired companies have the same principal founder and majority owner. IMAKE clients include issuers, investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , ratings agencies, trustees and accounting firms. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Analytics-on-Demand, is an Internet-based analytical tool that provides analysis and valuations for structured finance transactions. The company's software is currently used by Standard & Poor's Europe. ABSXchange clients include issuers, trading desks, investors, research houses, ratings agencies, risk managers, credit department, structurers, servicers and trustees. Its premier product, Investors Connection, is an Internet-based web portal See portal. that provides data, reporting and cash flow analysis to the structured finance market. |
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