trending Market Intelligence /marketintelligence/en/news-insights/trending/Ab4cdzh_o0qB7wjyLmesqw2 content esgSubNav
In This List

FactSet to acquire Interactive Data Managed Solutions from ICE

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


FactSet to acquire Interactive Data Managed Solutions from ICE

FactSet Research Systems Inc. has agreed to acquire Interactive Data Managed Solutions from Intercontinental Exchange Inc. for cash.

Interactive Data Managed Solutions provides real-time market data desktops, customizable web-based portals and mobile solutions for the global wealth management industry. It employs more than 300 people in 14 offices in Europe and the U.S.

Terms of the deal were not disclosed. The transaction is expected to close during FactSet's third quarter for fiscal 2017 and is not expected to have a material impact on diluted EPS.

"With the [Interactive Data Managed Solutions] business, we establish ourselves as a leading end-to-end provider of solutions for the wealth management industry," said FactSet CEO Phil Snow.