This Week: BlackRock/Preqin, Trading Technologies, FIA Tech and more
A summary of some of the past week’s financial technology news.
BlackRock to acquire Preqin
BlackRock has agreed to acquire Preqin, a UK-based provider of private markets data for £2.55 billion ($3.2 billion) in cash. Preqin’s data and research tools and Aladdin’s workflow capabilities will be united in a single platform to create a private markets technology and data provider. The sale marks a strategic expansion for BlackRock, which is building a private markets franchise, into the private markets data segment.
Private markets are the fastest growing segment
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More on Trading Tech
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Exchange M&A, US moratorium on AI regs dashed, Citi’s “fat-finger”-killer, and more
The Waters Cooler: Euronext-Athex, SIX-Aquis, Blue Ocean-Eventus, EDM Association, and more in this week’s news roundup.
LSEG officially sunsets Eikon
The exchange operator withdrew the platform from its product lineup this week.
Cloud Wars: Are EU and APAC firms really pining for homegrown options?
Waters Wrap: In the wake of tariffs and regional instability, there’s chatter about non-US firms lessening their dependency on the major hyperscalers. Anthony is not buying it.
Bloomberg, MTS expand portfolio trading to EGBs
The platform providers will follow Tradeweb with the extension of the popular credit protocol.
