Thomson Reuters Closes Avox Acquisition

Avox's staff have already transferred from being DTCC employees to being Thomson Reuters employees, according to a source familiar with the situation.

deal-completed

The deal—announced in early February for an undisclosed sum, along with that of client data and documentation utility Clarient Global, which Thomson Reuters acquired at the same time from DTCC and its partner banks—has seen Avox employees transfer to Thomson Reuters, which has also rebranded the Avox and Clarient websites.

The acquisition makes Thomson Reuters “the leading provider of entity and counterparty data in the marketplace today. Its referential content will further help to power Thoms