Refinitiv completed the acquisition of AlphaDesk.

Refinitiv, an American-British global provider of financial market data and infrastructure, completed the acquisition of AlphaDesk, a cloud-based order management system that offers order and portfolio management, risk, and compliance solutions for buy-side clients. Financial terms were not disclosed. “Our past collaboration with AlphaDesk makes them a strong fit for us, and the integration of their platform with our existing products further expands Refinitiv’s presence as a premier trading solution for professionals across the buy-side community. With the acquisition of AlphaDesk, Refinitiv now delivers an even more powerful buy-side trading solution that is flexible, compliant, interoperable, and covers all segments of the trading workflow. As a Cloud-based provider, AlphaDesk further aligns with Refinitiv’s overall Cloud strategy, and will help provide a more seamless path to implementation and integration yielding significant cost-savings and agility for our clients,” Michael Chin, Refinitiv Managing Director and co-head of Trading.