Thomson To Acquire Quantitative Analytics

The Thomson Corporation announced that it has signed an agreement to acquire privately held Quantitative Analytics, Inc., a financial database integration and analysis solutions provider. QAI integrates multiple data sources, including proprietary customer data, to create an integrated database of

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The Thomson Corporation announced that it has signed an agreement to acquire privately-held Quantitative Analytics, Inc., a financial database integration and analysis solutions provider.

QAI integrates multiple data sources, including proprietary customer data, to create an integrated database of financial information and provides a suite of analytical tools to query the database for insights and trading ideas. Thomson Financial will now have the ability to deliver integrated, multi-asset class workflow solutions on a global basis.

“Following the acquisition, our product suite will provide Thomson clients with one-stop access to market leading data sets, quantitative analytics and integrated delivery systems,” said Suresh Kavan, president of corporate services, investment banking and investment management segments of Thomson Financial.

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