We are thrilled to announce that SOLVE has acquired Lumesis. The Lumesis DIVER product suite is a leading municipal bond solution allowing clients to track primary and secondary municipal bond markets, support the new issue pricing process and satisfy new issue “reasonable diligence” and retail time of trade regulatory requirements. DIVER will be integrated into SOLVE’s Market Data Platform, expanding its reach across all key asset classes – corporate credit, securitized products, and municipals. This follows SOLVE acquisitions earlier this year of Advantage Data and Best Credit Data.
What does this mean for you?
Aligned to our mission, this acquisition will deliver even greater transparency into the fixed income markets. Over 300 industry-leading firms, including the top-tier buy-side, sell-side, pricing, audit, and others, trust SOLVE to reduce risk of having incomplete or stale price data and save hundreds of hours in pre- and post-trade research and validation. SOLVE will integrate Lumesis’ products, operations and teams into its existing organization. The DIVER product suite, upon integration, will bolster SOLVE’S Market Data Platform with additional municipal asset class workflow and analytics tied to price transparency and regulatory-related solutions.
What does this mean for us?
At SOLVE, our mission is to provide clients the full picture of the fixed income markets. Lumesis brings broad municipal market expertise and a strong team of technical, data and market experts. We are excited about the highly sophisticated and user-friendly DIVER products. Together, we will continue to be a municipal market leader for data, analytics and technology leveraging our combined expertise to expand and enhance our offerings.