Parabellum Investments acquires Crux Informatics
The acquisition adds a data-management platform that connects to more than 200 data suppliers—including Morningstar, Moody’s Analytics, and MSCI—and supports cloud destinations like Google Cloud, Databricks, and Snowflake.
Takeaways
- Crux Informatics is a AI-powered external data management platform for financial institutions.
- Parabellum Investments is acquiring Crux Informatics.
- The business serves financial services and technology.
Enterprise software investor Parabellum Investments has acquired Crux Informatics, an AI-powered external data management platform serving financial services and technology customers.
Crux’s technology connects to more than 200 data suppliers, including Morningstar, Moody’s Analytics and MSCI, and supports cloud destinations like Google Cloud, Databricks and Snowflake.
Parabellum, which invests its own capital, plans to advance product innovation at Crux and broaden its international reach.
The firm intends to increase investment in artificial intelligence across data-management and analytics workflows, targeting alpha-generation use cases in trading.
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