The sources report that S&P Global may reveal the agreement as soon as Tuesday.
Bank of America Corp., Citigroup Inc., Jefferies, Morgan Stanley, and UBS founded Visible Alpha in 2015. After that, it raised over $68 million from other investors, such as Santander, BNP, and Goldman Sachs.
The business creates a single data pool for asset managers by combining financial models and analytics from investment banks. It receives data from roughly 200 financial institutions overall.
2023 saw Visible Alpha with revenues of about $100 million.
source: ft.com
Bank of America Corp., Citigroup Inc., Jefferies, Morgan Stanley, and UBS founded Visible Alpha in 2015. After that, it raised over $68 million from other investors, such as Santander, BNP, and Goldman Sachs.
The business creates a single data pool for asset managers by combining financial models and analytics from investment banks. It receives data from roughly 200 financial institutions overall.
2023 saw Visible Alpha with revenues of about $100 million.
source: ft.com
