MSCI completed the acquisition of Fabric.

MSCI, a provider of mission-critical decision support tools and services, completed the acquisition of Fabric, a wealth technology platform specializing in portfolio design, customization, and analytics for wealth managers and advisors. Financial terms were not disclosed. “Fabric’s mission has always been focused on serving the global wealth management community by modernizing their approach to portfolio design and risk management. By bringing together our extensive data, systems, and teams, the combination of Fabric and MSCI aims to redefine how wealth managers design, manage, and optimize their clients’ portfolios," Govinda Quish, Fabric Co-Founder and CEO.