BlueMatrix Expands Global Reach and Product Breadth Through Acquisition of RMS
Rhea-AI Summary
FactSet (NYSE:FDS) has announced the sale of its RMS Partners business to BlueMatrix, a leading platform for capital markets content authoring and distribution. The strategic acquisition significantly expands BlueMatrix's international presence in EMEA and APAC regions while enhancing its product offerings in both sell-side and buy-side investment research workflows.
As part of the deal, FactSet becomes BlueMatrix's preferred data provider through an enhanced commercial agreement. The RMS platform enables clients to aggregate and analyze financial datasets for custom modeling and report generation. The acquisition, backed by Thoma Bravo (with $184 billion AUM), aims to accelerate product innovation and deliver enhanced value to the global investment research community.
Positive
- Strategic expansion of BlueMatrix's global footprint in EMEA and APAC regions
- Enhanced commercial agreement making FactSet the preferred data provider
- Potential for accelerated product innovation and expanded feature set for clients
- Strong financial backing from Thoma Bravo ($184B AUM)
Negative
- Financial terms of the acquisition not disclosed
- Potential integration challenges between different platform architectures
- FactSet divesting part of its Dealmakers & Wealth business unit
News Market Reaction – FDS
On the day this news was published, FDS gained 0.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
RMS enables its clients to seamlessly aggregate and analyze financial datasets to generate custom models and reports, facilitating sell-side research authoring and buy-side investment decision-making. Its advanced platform architecture supports multi-environment database schemas, allowing users to create tailored modeling workflows and content sets designed for specific regions, sectors or methodologies. By joining forces, BlueMatrix and RMS will materially accelerate their product roadmaps to deliver innovation in the research ecosystem, enhance client-centricity and deliver a more powerful and connected platform to research and investment professionals worldwide.
"We are thrilled to welcome the RMS team and to have the privilege of serving existing customers who trust this platform," said Patricia Horotan, CEO of BlueMatrix. "By combining our expertise and shared dedication to capital markets software innovation and client success, we will be able to deliver even greater value and deeper insights to the global investment research community."
As part of the acquisition, BlueMatrix and FactSet have entered into an enhanced commercial agreement whereby FactSet has become the preferred data provider for BlueMatrix.
"This represents a positive, strategic choice for our Dealmakers & Wealth sell-side business unit, which continues to be a driver of FactSet's growth," said Kristina Karnovsky, Executive Vice President and Head of Dealmakers & Wealth at FactSet. "This deal allows us to enhance focus, efficiency and growth potential. It supports long-term goals and aligns with our joint commitment to delivering exceptional value to clients."
"The RMS team is excited and fully committed to a new chapter of growth and innovation with BlueMatrix," said Achim Fehrenbacher, Vice President and Head of RMS. "Our combined product portfolio will enable us to serve many more departments and divisions within our existing customers, driving increased return on investment through our joint vision for comprehensive authoring and distribution technology across all classes of capital markets content."
With the backing of Thoma Bravo, a leading software investment firm, BlueMatrix is well-positioned to accelerate RMS' growth and continue enhancing its best-in-class solutions for the benefit of RMS' clients, who will continue to enjoy the same great service without interruption and benefit from access to a broader suite of features and capabilities.
About BlueMatrix
BlueMatrix is the global leader in capital markets content publishing technology. Its secure and scalable platform is trusted by over 1,000 financial institutions for content authoring, compliance, and global distribution. BlueMatrix has customers in more than 50 countries and serves internal teams across multi-national corporations from its offices located in
BlueMatrix facilitates the equitable exchange of critical investment insights by improving the efficiency, collaboration, and security across the complete information lifecycle. The ecosystem is designed to meet users' bespoke needs, from compliance tracking to interactive publishing, by removing friction from the publication, dissemination, consumption and application of investment research and informal capital markets content.
For more information, visit BlueMatrix's website at www.bluematrix.com
About Thoma Bravo
Thoma Bravo is one of the largest software investors in the world, with approximately
For more information, visit Thoma Bravo's website at www.thomabravo.com
Contacts
BlueMatrix
For more information about this acquisition and what it means for the future of investment research, please contact:
Patricia Horotan
Chief Executive Officer, BlueMatrix
Email: patricia.horotan@staff.bluematrix.com
For media inquiries, contact:
Emily O'Brian
emily@epicadvisorsglobal.com
Thoma Bravo
Megan Frank
+1.212.731.4778
mfrank@thomabravo.com
or
FGS Global
Akash Lodh / Amal Farooqui
ThomaBravo-US@fgsglobal.com
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SOURCE BlueMatrix
FAQ
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