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Stellex Capital, in Partnership with Communify, Acquires Fincentric (Formerly Known as Markit On Demand) from S&P Global

PRIVATEAug 15, 2024

Acquiring Company

Stellex Capital in Partnership with Communify

Acquired Company

Communify Fincentric

Los AngelesLos AngelesFinancial ServicesFinance

Description

Stellex Capital, in partnership with Communify, has acquired Fincentric (formerly known as Markit On Demand) from S&P Global. This acquisition integrates Fincentric with Communify's existing client communication, automation, and management business for the global wealth and asset management industries to form Communify Fincentric. The newly formed entity represents a significant leap forward in financial technology, aiming to create a leading offering for the communication of market and client data for the financial sector.

Quick answer

Stellex Capital in Partnership with Communify is acquiring Communify Fincentric, announced August 15, 2024. Stellex Capital in Partnership with Communify is based in Los Angeles, California, United States.

How much did Stellex Capital in Partnership with Communify pay for Communify Fincentric?
The deal value was not disclosed.
What does Stellex Capital in Partnership with Communify do?
Stellex Capital, in partnership with Communify, has acquired Fincentric (formerly known as Markit On Demand) from S&P Global.
Where are Stellex Capital in Partnership with Communify and Communify Fincentric based?
Stellex Capital in Partnership with Communify is based in Los Angeles, California, United States. Communify Fincentric is based in Los Angeles, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Stellex Capital in Partnership with Communify

Location

Los Angeles, California, United States

About

Stellex Capital, in partnership with Communify, has acquired Fincentric (formerly known as Markit On Demand) from S&P Global. This acquisition integrates Fincentric with Communify’s existing client communication, automation, and management business for the global wealth and asset management industries to form Communify Fincentric.

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Frequently asked

Who acquired Communify Fincentric?

Communify Fincentric was acquired by Stellex Capital in Partnership with Communify, based in Los Angeles. The deal was reported on August 15, 2024. Stellex Capital, in partnership with Communify, has acquired Fincentric (formerly known as Markit On Demand) from S&P Global. Stellex Capital in Partnership with Communify is privately held.

When did Stellex Capital in Partnership with Communify acquire Communify Fincentric?

Stellex Capital in Partnership with Communify's acquisition of Communify Fincentric was reported on August 15, 2024. Stellex Capital, in partnership with Communify, has acquired Fincentric (formerly known as Markit On Demand) from S&P Global. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Communify Fincentric do?

Communify Fincentric, unifying the communication of market (Fincentric) and client data (Communify), delivers unique, high quality digital experiences for the financial industry. It is privately held, operating in Financial Services, and is based in Los Angeles.

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