Octus acquires Sky Road
Credit data provider Octus has acquired Sky Road for an undisclosed sum in a bid to become a fully integrated platform.
Sky Road provides credit portfolio management solutions for collateralised loan obligations (CLOs), direct lending and other private structured credit.
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The acquisition makes Octus the first provider to deliver fully-integrated, end-to-end credit intelligence, data and document management alongside portfolio management capabilities, the business said.
“Octus has a long-held vision to be the undisputed credit market leader, bringing our subscribers the intel, data, and workflow capabilities that help them win in the market,” said Kent Collier, chief executive of Octus.
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“Now, by integrating the full Sky Road solution set with the Octus platform, we’re equipping our clients end-to-end to manage, monitor, and maneuver through the credit market like never before.”
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