Markit, a UK-based financial information services company, has completed its acquisition of Wall Street On Demand, a US-based provider of services in the design, development and hosting of financial services websites, reports and tools.
This acquisition is expected to enhance Markit’s ability to deliver products and services to its clients and accelerate the distribution of Wall Street On Demand’s tools and web applications to the financial services industry.
Lance Uggla, chief executive officer of Markit, said: “We are pleased to have completed our acquisition of Wall Street On Demand and we can now start working on delivering our content over the web in an innovative, exciting way. We will also work with other providers in the financial services industry to help them distribute and monetize their content set.”
Jim Tanner will continue to lead Wall Street On Demand’s service offering and all its employees will continue to be based in Boulder, Colorado, Markit said.