FactSet completed the acquisition of LiquidityBook for $246.5m.

FactSet, a global financial digital platform and enterprise solutions provider, completed the acquisition of LiquidityBook, a cloud-native buy- and sell-side trading solutions provider, for $246.5m. “Since inception, LiquidityBook has focused on developing a modular solution on scalable architecture purpose-built to support the most sophisticated multi-asset trading workflows with a distinct advantage over inflexible, refactored legacy systems. We look forward to continuing this mission as part of FactSet to meet the growing workflow needs of clients across the trade life cycle without compromising on functionality,” Kevin Samuel, LiquidityBook CEO.