CreditSights, a leading provider of independent fixed income research today announced that it has taken a minority stake in Alphastream, a fintech company based in Singapore. As part of the investment, Bala Subramanian, Chief Product and Technology Officer of CreditSights, will join Alphastream’s board.
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Alphastream develops next generation data and technology platforms powered by artificial intelligence and machine learning that are aimed at transforming the way the financial services industry acquires and consumes information from a variety of sources. CreditSights’ close collaboration with Alphastream will help drive new product innovation and business expansion.
“We are delighted to partner with Alphastream and are excited about the opportunity to leverage their AI/ML capabilities to enhance our research, content and analytics,” said Peter Petas, CEO of CreditSights. “CreditSights’ twenty-year track record has been underpinned in delivering relevant research that resonates with the most sophisticated financial professionals. AlphaStream’s platforms will complement our mission to help our clients know more and risk better,” noted Chris Ucko, President of CreditSights.
Alphastream technology empowers financial professionals by delivering mission critical data and workflow solutions to a wide range of market participants using a cloud-based software platform.
Nitin Nath, co-founder and CEO of Alphastream added, “We are thrilled to partner with CreditSights whose long-running expertise in global financial markets will serve as valuable input into the design and development of our next generation solutions.”
