BlueMatrix, the world’s leading platform for capital markets content authoring and distribution, announced the acquisition of the RMS Partners business (“RMS”), a global investment research software platform, from FactSet. The strategic combination significantly expands BlueMatrix’s international footprint in the EMEA (Europe, Middle East and Africa) and APAC (Asia-Pacific) regions and deepens its product offering in both sell-side and buy-side investment research workflows. The terms of the transaction were not disclosed.
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.
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“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.
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