Information Publishing PLC Acquires Financial Data Provider CapitalTrack
The announcement of an acquisition.
- (1888PressRelease) November 28, 2017 - London – Information Publishing PLC announced today the acquisition of CapitalTrack, a data provider of Floating Rate information to the Fixed Income market.
“We are pleased to welcome the CapitalTrack clients, suppliers, and team into the Information Publishing PLC family, and to be adding their first-class database – covering Floating Rate, Asset Backed and Structured Securities markets – to our expanding range of financial reference data products. This is the first of several acquisitions that we will be making to add to our datasets.” said Michael Kaufman, Chief Financial Officer, Information Publishing.
CapitalTrack maintains the largest independent, on-line Repository of static and event-based operational data in the Floating and Variable Rate space. Using a combination of web-based infrastructure and role-specific tools, in addition to over 200,000 matured or early redeemed documents, the Repository maintains documents for over 80,000 live unique ISINs, and collects/supplies an average of 3,200 coupon re-sets / corporate actions a month for interest and redemption payments. After the acquisition, the management, led by Jane Quinn, will remain the same.
“We are very happy to be part of IPP and believe that we will be able to add value to IPP’s extensive Fixed Income offering,” said Jane Quinn, Chief Executive Officer, CapitalTrack
This strategic acquisition adds to the company’s three other financial data focused investments: Exchange Data International, FinData Portal and African Financial & Economic Data.
About CapitalTrack
Established in January 2000, CapitalTrack Ltd (CT) is a financial data management company based in the UK, that maintains the largest independent, on-line Repository of static and event-based operational data for Fixed Income securities, with special focus on the Floating and Variable Rate space.
About Information Publishing
Established in 1993, Information Publishing is an investment holding company with six active investments: Exchange Data International (100% owned), Share Data Limited (100% owned), African Financial & Economic Data (100% owned), FinData Portal Inc (100% owned), CapitalTrack (100% Owned) and Chancellor Publications Limited (100%). For more information about iPP visit: http://www.information-publishing.com/
Media Contacs
Salma Miah
+44 207 324 0020
s.miah ( @ ) exchange-data dot com
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