The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

S&P Global Calls QuantHouse Sale Part Of Realignment

Subscribe to our newsletter

Market information provider S&P Global’s sale of market data and end-to-end systematic trading solutions provider QuantHouse, which it had acquired in 2012, is intended to allow its S&P Global Market Intelligence division to focus on opportunities “that most closely align with our vision,” says Mike Chinn, president of S&P Global Market Intelligence.

Access to exchange pricing, which was touted as a reason for the acquisition by S&P Capital IQ’s [later merged with SNL Financial to become S&P Global] president at the time of the acquisition, Lou Eccleston, may not have been enough of a justification for keeping the QuantHouse business.

In the April 2012 announcement of the acquisition, Eccleston said QuantHouse capabilities would help S&P Capital IQ build its own real-time monitors, derived data sets and analytics; and that QuantHouse would serve as a foundation for S&P’s Enterprise Solutions business. QuantHouse turned out to be less relevant for S&P valuations business.

Nine years earlier, S&P sold a previous real-time market data effort, S&P Comstock, to Interactive Data.

Pierre Feligioni, a founder of QuantHouse, has acquired the company from S&P Global. The acquisition will allow QuantHouse “to regain focus and flexibility to exploit growing market opportunities in North America, Europe and Asia,” says Feligioni. He adds that QuantHouse can now become “the leading provider of ultra-low latency trading solutions.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to leverage APIs to build faster, scalable applications

Date: 31 March 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many financial institutions, implementing an application programming interface (API) strategy will be a way to stay in the game. APIs are essential to digitalisation and automated trading. They are also key to connectivity between diverse and disparate applications,...

BLOG

Why APIs Are Imperative for Systematic Trading

By Chris Jenkins, Managing Director, TORA. Systematic trading has long been a feature of the financial markets. Even in the days before computers arrived on the scene, early systematic traders would use rule-based systems designed to remove human emotion from the trading process, generating trading signals and entry/exit points from a range of technical analysis...

EVENT

RegTech Summit New York

Now in its 7th year, the RegTech Summit in NYC will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...