Skip to main content

Intercontinental Exchange Mulls Sale of Interactive Data Managed Solutions Biz

Having acquired Interactive Data last year, ICE plans to sell off the part of the business that it has no use for.

for-sale-sign-1

Sources say the exchange has engaged an unnamed investment bank to explore a sale of the Managed Solutions business—which provides web-based workstations and delivers data to customers’ websites, and hosts data portals on behalf of clients—after deeming it non-core to ICE’s overall data plans.

ICE held a general meeting with all employees of the division around a month ago, where executives told staff that the business is in play and ICE is exploring options—one of which is to divest it to a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

GenAI too risky for collateral processes

The technology has been heralded as game-changing for other areas of finance, but its potential to hallucinate may disqualify it from sensitive settlement procedures.

Most read articles loading...