View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 9, 2010

Markit To Acquire Website, Application Developer Wall Street On Demand

Markit, a global financial information services company that provides independent data, valuations and trade processing across all asset classes, has agreed to acquire Wall Street On Demand, a provider of services in the design, development and hosting of financial services websites, reports and tools.

By CBR Staff Writer

The acquisition is expected to enhance Markit’s ability to deliver products and services to its clients and accelerate the distribution of Wall Street On Demand’s tools and web applications to the financial services industry. Existing clients of Wall Street On Demand will benefit from Markit’s deep content set.

Upon completion of the deal, Wall Street On Demand will continue to be based in Boulder, Colorado and its employees will become part of Markit.

Lance Uggla, CEO of Markit, said: “Markit’s acquisition of Wall Street On Demand is strategically important and exciting for our two companies. The transaction will enable us to play a leading role in the ongoing transformation of the financial services industry by delivering innovative products and services to our customers.”

Jim Tanner, CEO of Wall Street On Demand, said: “Wall Street On Demand is thrilled to be joining the Markit team. We are very excited by the opportunity to combine our custom presentation capabilities with Markit’s content and global presence.”

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

The transaction, which is subject to customary closing conditions and approvals, is expected to close in the coming weeks.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU