Bloomberg Acquires Barclays Risk Analytics

Bloomberg has acquired Barclays Risk Analytics and Index Solutions Ltd (“BRAIS”) from Barclays PLC.

The transaction includes the widely-used Barclays fixed income benchmark indices, BRAIS strategy indices, and the intellectual property of the POINT portfolio analytics solution.

The benchmark indices will be co-branded “Bloomberg Barclays Indices” for an initial period of five years.

Bloomberg will also act as the calculation agent for the Barclays quantitative investment strategy index business and Barclays strategy indices.