The FINANCIAL -- Intercontinental Exchange announced it has on October 4 completed its all-cash acquisition of S&P Global’s Standard & Poor’s Securities Evaluations (SPSE), and Credit Market Analysis (CMA) including credit derivatives and bonds. The transaction was announced in March.
SPSE and CMA will become part of the suite of data products and services that comprise ICE Data Services, ICE’s end-to-end solution for information, analytics and connectivity, offering proprietary data and tools for global markets across fixed income, equities, commodities, FX and options markets. Following the completion of this acquisition, SPSE will be known as Securities Evaluations. Services offered by Securities Evaluations will be managed and operated separately from the existing fixed income evaluated pricing services offered by ICE Data Services until further notice, according to Intercontinental Exchange.
“We look forward to working with the teams at SPSE and CMA to provide customers in the fixed income and credit markets an expanded range of solutions. By working with our customers, we will continue to innovate and invest to provide the highest quality evaluated pricing and analytics services,” said Lynn Martin, President and Chief Operating Officer of ICE Data Services.