Visible Alpha acquires Alpha Exchange ahead of Mifid II
Visible Alpha has acquired Alpha Exchange to offer research management capabilites ahead of the introduction of Mifid II. Visible Alpha's analytics and research administration services will be combined with Alpha Exchange's research management platform to help customers track, value and pay for content, as the incoming EU legislation mandates the unbundling of research from trading. More than 80 companies with a combined total of $14tn in assets under management currently use Visible Alpha Tools.

Visible Alpha has confirmed its acquisition of Alpha Exchange as it looks to create and end-to-end solution for research management ahead of MiFID II.

The deal will see Visible Alpha’s existing analysis tools and research administration services combine with Alpha Exchange’s research management platform to help clients consume, track, budget, value and pay for content.

“Alpha Exchange brings innovative, cutting-edge technology to the way research can be managed, discovered and shared,” said Scott Rosen, CEO of Visible Alpha.

“With the Alpha Exchange team on board, we will further provide investment professionals with industry-leading tools to streamline and enhance their workflows by focusing on the most relevant and meaningful research content.”

Visible Alpha currently has more than 80 firms with a combined $14 trillion in assets under management using a combination of its tools.

Emma Margetts, co-founder of Alpha Exchange, said the addition of Visible Alpha’s analytics and data will “provide the opportunity to build an even more intelligent research discovery engine”.