Markit acquires Information Mosaic 03 July 2015London Reporter: Stephanie Palmer
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Markit has completed its acquisition of Information Mosaic, a software provider for corporate actions and post-trade securities processing.
Information Mosaic will be integrated in to Markit’s solutions division, led by Markit managing director Paul Taylor. Taylor will report to Michele Trogni, managing director and co-head of solutions.
Information Mosaic’s customers include global banks, wealth managers, sovereign wealth funds and custodians, among others.
Financial terms of the acquisition have not been released, but it is not expected to have a significant impact on Markit’s 2015 financial results.
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