Overview of the transaction
ChartIQ, a leading US-based capital markets technology provider, has announced its sale to S&P Global for an undisclosed consideration.
S&P Global is a leading provider of market intelligence, financial information and data analytics.
The acquisition will allow S&P Global to further enhance its value proposition by integrating ChartIQ into its desktop products and providing customers with a best-in-class integrated charting, content, and workflow solution.
Overview of ChartIQ
Founded in 2012, ChartIQ provides the first and only professional-grade HTML5 charting library solution that works seamlessly on any platform (mobile, web, desktop) or framework using a single library.
ChartIQ’s solution offers features like interactive charts, pre-trade and post trade analytics, hundreds of studies and states, educational components layered on the charts, end-user personalisation and a complete toolkit for further customisation, comprehensive APIs and drop-on templates, among many others things.
The company has built up a portfolio of 300+ clients globally, including global financial service providers, tier-1 banks, and buy-sides. Customers include Zerodha, E*Trade, Bank of Canada and Yahoo Finance.
Royal Park Partners’ role
Royal Park Partners acted as exclusive financial and strategic advisor to ChartIQ and its shareholders throughout the transaction. This transaction highlights Royal Park Partners’ extensive experience in the capital markets technology space, and supporting companies achieve strategic exits
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