NSIGHT’s best-of-breed CRM software to enhance Ipreo’s Investor Relationship Management platform
New York – November 26, 2007 – Ipreo, a leading global provider of execution software, data, and analytics to investment banks and corporations, announced today that it has acquired NSIGHT Enterprise Software, a premiere provider of information technology solutions to the institutional finance community. Both firms are headquartered in New York.
Ipreo is a leading provider of workflow software solutions and proprietary data and analytics to the investment banking and investor relations markets. The company’s products include bookbuilding applications for all capital markets, event management systems, and an investor relationship management platform (Ipreo IRM), which is powered by Bigdough, the most comprehensive and accurate database of institutional contacts and profiles available. Ipreo’s platforms and data are used on a daily basis by most major investment banks throughout the world.
NSIGHT is a fast-growing technology firm specializing in CRM software development and implementation for financial institutions. NSIGHT’s flagship product is one of the most advanced and intuitive client management platforms in the industry, having been created specifically to meet the workflow needs of institutional sales, research, and trading professionals. Clients include a number of top tier global investment banks.
This acquisition will result in a best-of-breed IRM platform that will combine NSIGHT’s state-of-the-art CRM technology with Ipreo’s industry-leading Bigdough contacts data, profiles and targeting capabilities.
“The combined Ipreo/NSIGHT organization has unequalled domain expertise and a shared focus on providing outstanding customer service,” said Scott Ganeles, CEO of Ipreo. “The addition of NSIGHT’s technology and talent will allow us to bring our clients first-class, integrated solutions even faster.”
“This deal will result in valuable benefits to both firms’ clients,” said Neil Hyman, CEO of NSIGHT, who together with NSIGHT CTO Jeff Lewis will head up the Research, Sales and Trading division of Ipreo. “Clients will now be able to take advantage of the best data in the industry, coupled with leading-edge CRM functionality, backed by the strength of our combined technical and service resources. We’re excited to have the opportunity to bring such a powerful offering to the capital markets community.”
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. By combining state-of-the-art new issuance systems with the premier global financial and investor data, Ipreo enables our capital markets clients to execute deals more efficiently, maximizing time and resources. Our applications include end-to-end bookbuilding systems, roadshow & conference management platforms, and electronic document delivery. Additionally, Ipreo’s suite of investor prospecting and CRM solutions offers the most accurate and comprehensive institutional contacts data and profiles in the industry. Ipreo is the only financial services provider to offer solutions across all asset classes for the Equity, Fixed Income, Municipal, and Syndicated Loan markets. Ipreo is a KKR portfolio company with nearly 700 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
About NSIGHT Enterprise Software
NSIGHT Enterprise Software, founded in 2003, is a software company focused on innovative solutions for the institutional financial services industry. NSIGHT’s principals are accomplished Wall Street professionals with decades of experience developing proprietary systems for Wall Street firms. NSIGHT Enterprise Software is a customer focused firm, created to leverage deep industry and technical expertise to deliver best-of-breed software solutions to the institutional finance community. For more information, please go to http://www.nsightsoftware.com/ .
- For Ipreo
- Kate McKay
- Managing Director, Global Marketing & Communications