NSIGHT's best-of-breed CRM software to enhance Ipreo's Investor
Relationship Management platform
NEW YORK, November 26 /CNW/ - Ipreo, a leading global provider of
execution software, data, and analytics to investment banks and corporations,
announced today that it has acquired NSIGHT Enterprise Software, a premiere
provider of information technology solutions to the institutional finance
community. Both firms are headquartered in New York.
Ipreo is a leading provider of workflow software solutions and
proprietary data and analytics to the investment banking and investor
relations markets. The company's products include bookbuilding applications
for all capital markets, event management systems, and an investor
relationship management platform (Ipreo IRM), which is powered by Bigdough,
the most comprehensive and accurate database of institutional contacts and
profiles available. Ipreo's platforms and data are used on a daily basis by
most major investment banks throughout the world.
NSIGHT is a fast-growing technology firm specializing in CRM software
development and implementation for financial institutions. NSIGHT's flagship
product is one of the most advanced and intuitive client management platforms
in the industry, having been created specifically to meet the workflow needs
of institutional sales, research, and trading professionals. Clients include a
number of top tier global investment banks.
This acquisition will result in a best-of-breed IRM platform that will
combine NSIGHT's state-of-the-art CRM technology with Ipreo's industry-leading
Bigdough contacts data, profiles and targeting capabilities.
"The combined Ipreo/NSIGHT organization has unequalled domain expertise
and a shared focus on providing outstanding customer service," said Scott
Ganeles, CEO of Ipreo. "The addition of NSIGHT's technology and talent will
allow us to bring our clients first-class, integrated solutions even faster."
"This deal will result in valuable benefits to both firms' clients," said
Neil Hyman, CEO of NSIGHT, who together with NSIGHT CTO Jeff Lewis will head
up the Research, Sales and Trading division of Ipreo. "Clients will now be
able to take advantage of the best data in the industry, coupled with
leading-edge CRM functionality, backed by the strength of our combined
technical and service resources. We're excited to have the opportunity to
bring such a powerful offering to the capital markets community."
Ipreo is a leading global provider of high quality data, expert insight,
and productivity solutions to Investment Banking and Corporate clients. With
decades of experience serving the capital markets, a reputation for superior
customer service, and a commitment to creating technologies that improve our
clients' performance, Ipreo is both a dynamic innovator and a trusted
resource. Formed in late 2006 through the merger of i-Deal (New York-based
provider of new-issuance software and analytics) and Hemscott (London-based
financial data firm, and parent of Bigdough in the US), Ipreo has more than
700 employees and operations in the U.S., U.K., India, and Hong Kong. Ipreo is
majority-owned by private equity firm Veronis Suhler Stevenson (www.vss.com).
For more information, please go to www.ipreo.com.
About NSIGHT Enterprise Software
NSIGHT Enterprise Software, founded in 2003, is a software company
focused on innovative solutions for the institutional financial services
industry. NSIGHT's principals are accomplished Wall Street professionals with
decades of experience developing proprietary systems for Wall Street firms.
NSIGHT Enterprise Software is a customer focused firm, created to leverage
deep industry and technical expertise to deliver best-of-breed software
solutions to the institutional finance community. For more information, please
go to www.nsightsoftware.com.
For further information:
For further information: Press Ipreo Kate McKay, 212-849-5060