Acuity Analytics, the parent company of financial technology firm Acuity Trading, announced today that it has completed its first acquisition with the purchase of research firm Signal Centre, formerly PIA First.
The sale, for an undisclosed sum, will see the fusion of analytical prowess and cutting edge technology that will be used to further cement Acuity Analytics’ position as a leading data and analytics provider in the financial markets.
The addition of Signal Centre will facilitate a deep product integration alongside the creation of new data sets and will help to foster exciting new product ideas that will continue to transform the trading experience, from novice to professional traders around the world.
“The acquisition of Signal Centre is a poignant moment for Acuity. Our vision from the very outset was to deliver a multi-data and multi-signal based product, offering technologically-driven ways to help bring the markets to life for all traders, irrespective of their experience,” says Andrew Lane, CEO of Acuity.
“The acquisition of Signal Centre offers us the chance to leverage formidable expertise across multiple disciplines to create something really unique and exciting for our clients. But more than that, it is our mutual desire to push the boundaries and deliver cutting-edge tools and new data sets that have driven our decision to join forces. We can’t wait to bring our ideas to market.”
“It was clear from the outset that Signal Centre and Acuity shared a common vision and ethos. Acuity’s proprietary AI and news analytics capabilities are truly innovative and are a perfect match with our award-winning technical-analysis based trade ideas,” said Steve O’Hare, COO at Signal Centre.
“By joining forces with Acuity it puts us at the heart of the fintech revolution and gives us a terrific platform to create new products and expedite the growth of our business.” Acuity Trading and Signal Centre will remain as independent companies whilst drawing on shared internal resources and expertise. Clients will be able to arrange personalised previews of the new product offerings ahead of the official launch date.
About Acuity Trading
Acuity Trading is a financial technology company, extracting and analysing rich sentiment data from global news sources using proprietary NLP technology to provide online brokers, investors and market professionals across the investment community with an alternative and unique view of the markets.
Founded in 2013 and headquartered in London, Acuity Trading uses sophisticated Machine Learning and Natural Language Processing technology to analyse millions of news items on a daily basis and quantify the mood of the market towards any given tradable instrument including global themes affecting the market.
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About Signal Centre
Signal Centre is an FCA Regulated provider of independent technical analysis and market research. Founded in 2010 as PIA First, Signal Centre was created in 2018 to focus on the analytical research arm of PIA First, and its expansion into the retail trading platform arena to meet the need for high quality, timely and accurate market analysis with clear, structured trade ideas and signals created by expert traders & analysts.
Signal Centre’s award-winning, multi-asset signals, strategy and analysis are available in multiple languages and via multiple delivery channels, including MT4/5, API, widgets, email and instant messaging services, such as Telegram, Facebook, Whatsapp, WeChat and SMS.
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