Printer Friendly

Thomson Purchases Quantitative Analytics, Inc.

The Thomson Corp. (Stamford, CT) has signed an agreement to acquire privately held Quantitative Analytics, Inc. (QAI; Chicago, IL), a provider of financial database integration and analysis products for financial and investment firms as well as related financial researchers. No terms of the deal were given.

QAI software products are used by more than 200 of the world's largest investment firms for securities selection, modeling, back-testing, portfolio construction and trading strategy development. Its core product, MarketQA, integrates a function language with historical and daily-updated fundamental and pricing data. QAI also provides high-frequency data solutions via FasTick and FasTick RT, high-compression financial data capture, storage and analysis tools. WebQA, a new product currently under development, is a web-based custom report generator that accesses the MarketQA databases.

Thomson Financiala executive Suresh Kavan said that QAI "has established itself as the leading provider of multi-class, high-end analytics." The deal will "immediately position Thomson Financial at the forefront of the solutions space for investment managers."
COPYRIGHT 2006 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Publisher
Date:Feb 1, 2006
Words:161
Previous Article:eMedicine, Inc. & Conceptis Technologies acquired by WebMD.
Next Article:Berkshire Hathaway to acquire Business Wire.
Topics:


Related Articles
First Call Launches Enhanced Web Portal; FIRST CALL Web 6.0 Integrates All First Call Research and Quantitative Databases, Offers Increased...
First Call Launches Enhanced Web Portal in Multiple Languages.
THOMSON FINANCIAL COMPLETES PURCHASE OF FIRST CALL; HARCOURT SALE CLEARED.
Original patent data from Delphion can be analyzed In Derwent Analytics.
Reval.
Content sold with lock and barrel.
Thomson purchases Quantitative Analytics, Inc.
Thomson agrees to acquire Solucient.
Analytics: first step to effective treasury STP.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters