Nasdaq announced it acquired Quandl, an alternative and core financial data provider. Nasdaq plans to combine Quandl with its existing Analytics Hub business within Global Information Services. Terms of the deal were not disclosed.
Toronto-based Quandl has a global database of alternative, financial and public data, including information on capital markets, energy, shipping, healthcare, education, demography, economics and society. It’s used by eight of the top 10 hedge funds and 14 of the top 15 largest banks.