CreditSights buys minority stake in Alphastream

KUALA LUMPUR, Sept 4 -- CreditSights, an independent fixed income research provider has taken a minority stake in Alphastream, a Singapore-based fintech company.

As part of the investment, CreditSights Chief Product and Technology Officer, Bala Subramanian will join Alphastream’s board.

According to a statement, CreditSights’ close collaboration with Alphastream will help drive new product innovation and business expansion.

"CreditSights’ 20-year track record has been underpinned in delivering relevant research that resonates with the most sophisticated financial professionals,” said CreditSights President, Chris Ucko.

“AlphaStream’s platforms will complement our mission to help our clients know more and risk better.”

Alphastream technology empowers financial professionals by delivering mission critical data and workflow solutions to a wide range of market participants using a cloud-based software platform.

CreditSights empowers nearly 15,000 financial professionals among the world’s largest institutions with the credit-risk tools, independent research and comprehensive market insights they need to make well-informed credit-risk decisions.

-- BERNAMA