·  Deal adds new business line in benchmark market reports

·  First transaction of its type since creation of TP ICAP

TP ICAP’s data & analytics division (TP ICAP), the provider of independent real-time price information from the global OTC financial and commodity markets, has acquired certain assets of market research, analytics and business consulting firm Burton-Taylor International Consulting LLC (Burton-Taylor).

The transaction, which represents TP ICAP’s first asset acquisition, complements its growing data and analytics division and addresses a growing demand from clients for more granular, in-depth research within new and existing sectors.

Burton-Taylor is a globally recognised leader in providing unique data and insight across key industries, including financial services, media and software. Its range of in-depth reports cover financial market data, risk, exchange services, media intelligence and public relations, and have have become trusted benchmarks in these markets. With the acquisition of the Burton-Taylor assets and the introduction of the Burton-Taylor business line, TP ICAP plans to further increase the depth of data it delivers to clients and rapidly expand its services into new sectors, making Data & Analytics a key part of TP ICAP’s ongoing growth story.  

John Phizackerley, Chief Executive Officer, TP ICAP commented: “We have ambitious, strategic growth plans for TP ICAP. This transaction marks the first stage in those plans, which will be focused on delivering an industry-leading and world-class service to our clients through impartial guidance, robust technology and a unique depth of market insight. To be successful in the data business, it is critical to have quality, independent, position-neutral content and that is precisely what a combination of the Burton-Taylor assets and our data and analytics division represent”

Douglas B. Taylor, Founder and Managing Partner of Burton-Taylor, added: “I’m thrilled to join the TP ICAP Group, and to gain access to the additional expertise, resources and investment that will enable the Burton-Taylor division to offer clients more insights more frequently and in even greater detail. TP ICAP shares my core values and together we will remain committed to the production of market-leading, independent research that equips our customers to make better, more informed decisions on key issues such as mergers, acquisitions and other strategic investments.”

Frank Desmond, CEO at TP ICAP’s data and analytics division, further added: “This transaction further expands our global data and analytics division, which already includes Tullett Prebon Information, ICAP Information Services and PVM Data Services, covering real-time price information from the wholesale inter-dealer brokered financial markets. Doug’s high profile, sharp insights and strong business leadership will be an asset to our team. Together, we will enhance the range of Doug’s services, providing clients with valuable insights to inform their decision making and business planning.”