Intercontinental Exchange to acquire risQ and Level 11 Analytics.

Intercontinental Exchange, a global provider of data, technology and market infrastructure, agreed to acquire risQ, a National Science Foundation funded company led by a team of experts in data & physical sciences, with deep experience in climate & private sector innovation, and Level 11 Analytics, a data-driven technologies for managing climate change risk and expanding our alternative data capabilities in US fixed income, municipal and mortgage-backed securities markets. Financial terms were not disclosed. “Understanding and measuring climate risk, and its impact on investment decisions, continues to be a growing area of focus for our customers. RisQ and Level 11 Analytics provide unique data sets and platforms, and their strong analytical background and focus on ESG factors, real estate and the mortgage markets, serve as fertile ground for creating innovative products that offer more insights for our customers," Lynn Martin, ICE President of Fixed Income and Data Services.