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QUANTAL TO ACQUIRE BULLRUN FINANCIAL
Posted January 7, 2009
SAN FRANCISCO -- Risk analytics solution provider Quantal International,
Inc. plans to acquire performance measurement and attribution analytics
provider Bullrun Financial, in turn expanding and accelerating its
solutions suite.
A seamless connection between the two solutions offers a unique
transparency in this turbulent market, according to a statement from the
companies. “We see great benefit from the integration and look forward
to using Quantal’s risk analytics in the near future,” says Tim Bean,
Allen Mooney & Barnes Investment Advisors. “In-depth risk reporting and
transparency is more critical now than ever before.” Now performance and
risk can be measured in the portfolio as one.
“Bullrun Financial and Quantal together can provide investment
professionals with a more complete solution to managing investment
portfolios,” says Terry Marsh, President and Chief Executive Officer of
Quantal. “Both companies have solid reputations as quality service
providers to our respective customers. That dedication, coupled with an
expanded portfolio of services, will provide our customers with many
benefits. We are confident that this acquisition will enhance our
overall offering to existing and future customers.”
The transaction is effective immediately; the terms of the transaction
were not disclosed.
“Our existing partnership can now be fully leveraged to more effectively grow our business globally,” says John Michel, President and Chief Executive Officer of Bullrun Financial. “Our companies’ combined products significantly increase the breadth of our offering and our visibility in the marketplace.”
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