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

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.”

Related content

WEBINAR

Recorded Webinar: Market data management, licensing and administration in the post-Covid environment

Market data administration has always been a challenge. For many firms, keeping tabs on permissioning and entitlements, compliance with licensing agreements, and reconciling all that with increasingly complex invoices requires a significant dedicated resource with a clear understanding of the issues involved. As if that weren’t enough, things got more challenging for these teams in...

BLOG

KX Adds Cloud-Native Stream Analytics to kdb+ as Clients Seek Off-Prem Solutions

KX has released KX Insights, a cloud native streaming analytics solution that provides fast, scalable real-time data insights without the capex and maintenance burden of on-premise infrastructure. KX Insights is built on the company’s cloud version of the kdb+ time series database and uses a microservices architecture that supports not only new KX users but...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

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...