Cordatum Merges EAS’ Audit Arm to Boost Compliance Capabilities
The merger of the two business divisions will provide Cordatum clients who consume data with a greater understanding of usage models and help information providers better value their intellectual property, officials say.
Cordatum confirms that a “consideration” has changed hands, but declines to disclose further details of the transaction. As part of the deal, EAS founder and principal Rory Quinlan has joined Cordatum as a senior director to run the audit and compliance business. No other staff are involved in the deal.
Prior to setting up EAS in 2004, Quinlan spent more than five years as a market data auditor at the London Stock Exchange. Before that, he was a market data executive at the London International
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