Crisil Completes Acquisition Of Greenwich Associates
An Indian 2,000 rupee, bottom, and 500 rupee banknotes are arranged for a photograph. Photographer: Brent Lewin/Bloomberg

Crisil Completes Acquisition Of Greenwich Associates

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Rating agency Crisil on Wednesday said it has completed the acquisition of proprietary benchmarking data provider Greenwich Associates.

The transaction was announced on Dec. 19, 2019.

"Greenwich will accelerate Crisil's strategy to be the leading player in the growing market of global benchmarking analytics across financial services," Crisil Managing Director and CEO Ashu Suyash said.

Also read: Crisil Revises Outlook On United Spirits’ Long-Term Bank Facilities To Positive

Crisil has completed the acquisition of 100 percent stake in the US-based company, the rating agency said in a filing to BSE.

Greenwich is a provider of proprietary bench marking data, analytics, and qualitative, insights to financial services firms worldwide.

Also read: Retail Loans To Double To Rs 96 Lakh-Crore In Five Years, Says Crisil

Based in Stamford, Connecticut, it serves over 300 clients across top investment banks, corporate banks, commercial banks, asset managers and key players in the market infrastructure space globally.

The shares of Crisil were trading at Rs 1,587.55 a piece on BSE, down 3.31 percent from the previous close.

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