Effective February 7, 2016, S&P Capital IQ and SNL has rebranded as S&P Global Market Intelligence.
The new name of S&P’s financial data unit forms part of the integration of the two previously separate businesses, S&P Capital IQ and SNL Financial, under parent company McGraw Hill Financial Inc (NYSE:MHFI). The businesses initially combined after the successful completion of the SNL Financial acquisition by MHFI in September last year.
MHFI also recently announced its plans to rebrand at the corporate level as S&P Global. This change requires MHFI’s shareholders’ approval, with the vote scheduled for April 2016.
Mike Chinn, President of S&P Global Market Intelligence, says,
“Today, our organization has a new, unifying name –S&P Global Market Intelligence– which reflects the strong position that we have in the marketplace as a leading provider of global financial data and analytics. The announcement is a galvanizing moment for our division, and I’m excited about the growth and opportunities that lay ahead.”
The company believes that based on the history and strong performance of S&P Capital IQ and SNL, S&P Global Market Intelligence is well positioned to capitalize on the fast-growing, global market for insightful and timely information, providing its clients with the broad data, powerful analytics, and in-depth sector intelligence they need to make informed investment decisions.
The new website of S&P Global Market Intelligence can be visited at https://www.spglobal.com/marketintelligence.
The official announcement on the name change can be viewed by clicking here.