WASHINGTON (dpa-AFX) - S&P Capital IQ, a business of The McGraw-Hill Companies, Inc. (MHP), said Thursday that it has acquired R2 Financial Technologies, a provider of advanced risk and scenario-based analytics to traders, portfolio and risk managers for pricing, hedging and capital management across asset classes.
Terms of the deal were not disclosed.
R2 Financial Technologies offers multi-asset class portfolio and risk analytics delivered in real-time to business decision makers in the front and middle offices through two software products: NxR2, a front-office pricing, portfolio construction, and risk management software; and R2 Capital - a middle-office risk and capital management software solution.
The R2 expert team of more than 30 financial engineers and technology specialists will join S&P Capital IQ.
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