Gresham has completed the acquisition of S&P Global’s Enterprise Data Management (EDM) business.
Gresham is backed by Symphony Technology Group (STG) — a private equity firm focused on fueling innovative software, data, and analytics market leaders in the mid-market.
The firm says that the transaction represents a strategic carve-out from S&P Global and materially expands Gresham’s footprint in enterprise data management for the global financial services industry.
Following the close, EDM will continue to operate its current range of products within Gresham, maintaining its product roadmap, customer relationships, and delivery model.
The EDM team moves with the business, maintaining continuity across customer relationships, service delivery, and product development.
Marc Bala, managing director at STG, says: “EDM plays a foundational role in how global financial institutions govern, control, and operationalise their most critical data.
“STG and Gresham share a common goal: enabling EDM to reach its full potential as a provider of focused data automation solutions.
“Under STG ownership, EDM gains flexibility, capital, and dedicated attention to accelerate AI-driven product innovation, deepen customer partnerships through faster decision-making, and expand its role as a trusted data backbone across the financial ecosystem. We believe this positions EDM to grow faster and serve customers even better.”
Mark Hepsworth, CEO of Gresham, adds: “This acquisition is a defining step forward for Gresham.
“Gresham is a market leader in capital markets data automation focused around two main capabilities, enterprise data management and reconciliations solutions.
“EDM meaningfully expands our enterprise data management offerings and reinforces our focus on supporting mission critical data management processes in regulated, data-intensive financial markets.
“The EDM range of products will continue to be offered and enhanced while benefiting from increased investment, commercial scale, and broad domain expertise in financial services data management.”
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