BRIEF OBJECTS

BRIEF OBJECTS

MKI TRANSFORMS CATS INTO MKIRISK UNIT

With the acquisition complete, Cats Software has become part of the Misys subsidiary, Midas-Kapiti International (MKI), forming a new unit called MKIRisk, to be based in Palo Alto, California. Misys completed its acquisition of Cats in January, following its late 1998 announcement of the agreement, at a value of more than $60 million (TTW, December 21, 1998). MKIRisk will be an operating division of MKI, combining Cats' operations with the risk management

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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