Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

OTC Markets Group acquires Qaravan to boost market data services offerings.

Document Cited in Related
Vincent

BANKING AND CREDIT NEWS-February 14, 2019-OTC Markets Group acquires Qaravan to boost market data services offerings

(C)2019 M2 COMMUNICATIONS http://www.m2.com

OTC Markets Group Inc. (OTCQX: OTCM), a New York market data services provider, has announced it has acquired Maryland-based finance-focused software and risk and performance analytics provider Qaravan Inc., the company said.

Pursuant to the acquisition, OTC Markets Group will integrate Qaravan's core assets, which include state-of-the-art proprietary technology solutions and buy-side analytics tools.

Through Qaravan's intuitive online software and integrated Microsoft Excel tools, customers can access interactive versions of FDIC reports and analyze associated regulatory data to perform peer comparisons and prepare regulatory exam materials and investor/board communications.

OTC Markets Group was advised on this transaction by Sandler O'Neill + Partners, L.P.

OTC Markets Group's Market Data provides mission-critical quote and trade data, as well as company and security information on OTCQX, OTCQB and Pink securities to the...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT