TRG Screen acquires Crizit 06 October US Reporter: Tahlia Kraefft
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TRG Screen, a provider of market data management solutions, has acquired Crizit, a New York-based fintech company that specialises in reference data optimisation.
The acquisition combines monitoring and real-time automation to develop how the financial services industry targets the inability to automatically implement cost reducing measures without negatively affecting operations.
TRG Screen tools provide firms with insight into data consumption.
Leigh Walters, CEO of TRG Screen, says: “Financial institutions have long recognised the gap between visibility into their data and the ability to act on it in real time. Crizit’s capabilities accelerate our product roadmap and deliver what our clients have been asking for — the ability to go beyond monitoring and achieve real-time optimisation of their reference data spend.
“We’re not just showing clients where inefficiencies occur, we’re enabling them to act on those insights automatically.”
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Image: Fidel/stock.adobe.com 