- S&P Global ( NYSE: SPGI ) said Monday it acquired TruSight Solutions , a third-party vendor risk assessment provider. Terms were not disclosed.
- The acquisition will combine with S&P's ( SPGI ) vendor risk management solution KY3P and integrate into the its market intelligence division.
- The deal will expand S&P's ( SPGI ) risk management solutions by offering high-quality validated assessment data to clients.
- "The combination of TruSight with KY3P will accelerate the development of common industry standards for third-party risk management and will enable our clients to mutualize costs, streamline workflows and eliminate inefficiencies," said John Barneson, head of network & regulatory solutions, S&P Global Market Intelligence.
- The deal closed on January 1.
- Earlier, S&P ( SPGI ) acquired ChartIQ to enhance its Capital IQ Pro platform and Markit Digital division .
For further details see:
S&P Global acquires TruSight to enhance third party risk management capabilities