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Thomson sells Sheshunoff publishing assets to Alex Information.


Thomson Media (Stamford Stamford, town, England
Stamford, town (1991 pop. 18,127), in the Parts of Kesteven, Lincolnshire, E central England, on the Welland River. It is a market town. Products include diesel engines, electrical equipment, bricks, and tiles.
, CT) has sold the publishing section of Sheshunoff Information Services See Information Systems.  (SIS; Austin, TX) to Alex Information (Austin, TX), a company headed by SIS founders Alex and Gabrielle Sheshunoff. No terms of the deal were given. Alex Information was represented by Eugene Simonoff & Associates (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
) while Thomson was represented by Berkery, Noyes & Co. (New York).

Thomson had decided to seek a buyer for the assets in January of this year. Established in 1972, SIS was acquired by Thomson from the Sheshunoffs in 1988. SIS provides financial information for professionals in the banking and thrift thrift: see leadwort.  industries as well as training courses and electronic products and solutions for financial institutions. The assets of A.S. Pratt (Arlington, VA) were acquired by Thomson and added to SIS in 1995.

SIS offers performance data and regulatory reporting software The following is a list of notable reporting software. Commercial software
  • 90 Degree Software
  • Actuate
  • Cognos BI
  • Combit List and Label
  • Crystal Reports
  • DBxtra - Reporting Software
  • i-net Crystal-Clear
  • InetSoft Style Report
 to banks, credit unions, thrifts, corporations, accounting, Investment and related firms through a variety of formats, including newsletters, books, loose-leaf services, online and CD. The company's subscription newsletters include such titles as Bank Fraud & IT Security Report, Bank Regulatory Compliance Alert, CRA/Fair Lending Bulletin and Financial Privacy Alert. Pratt publications target attorneys in commercial and banking practices, financial institution in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 counsel, mortgage banking professionals and corporate treasurers and financial advisors.

The new firm will be called Sheshunoff Information Services. Backing for the purchase came from venture capital firm Austin Ventures (Austin, TX).
COPYRIGHT 2004 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Thomson sells Sheshunoff publishing assets to Alex Information.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1U7TX
Date:May 17, 2004
Words:230
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