TRG Screen acquires market data advisory firm BST America
What's the deal? TRG ScreenDealroom has a profile for this one. Try Dealroom → has acquired BST AmericaDealroom has a profile for this one. Try Dealroom →, a New York-based market data advisory and consultancy firm. The move extends TRG Screen's reach across the full market data value chain, from technology and managed services to strategic advisory. Terms were not disclosed.
Who's who? TRG Screen provides market data and subscription management software for financial services and legal firms. BST America brings more than two decades of market data expertise, spanning vendor benchmarking, demand management, sourcing, negotiation, and contract support.
What's the endgame? TRG Screen wants to support customers at every stage of their market data operations. BST America's commercial expertise complements its technology and managed services, the company said.
"BST America's deep expertise in the commercial aspects of market data is a natural complement to our advanced technology and managed service capabilities," said Nadine Scott, chief customer strategy officer at TRG Screen.
What changes for customers? Little, per BST America. "Joining TRG Screen gives our customers access to a broader set of capabilities without changing what they rely on us for," said Sara Crowe, managing partner. "The same team, the same expertise — now backed by the scale and reach of TRG Screen."
The signal: The deal reflects consolidation among market data specialists, as firms fold advisory services into software platforms to become one-stop intelligence partners. As data costs climb, financial and legal firms increasingly want a single provider to manage spend, usage, and vendor negotiations.
Read more: GlobeNewswire
Image credit: Artem Beliaikin
