FactSet has announced the acquisition of BCC Group International, a financial software development firm specializing in cloud-native and hybrid market data distribution platforms. The acquisition marks a milestone in the expansion of FactSet’s Real-Time Solution Suite, strengthening its market data management capabilities and building on an ongoing collaboration between the two firms since 2021.
Through the acquisition, FactSet brings bccg’s ONE Platform solution into its Real-Time Solution Suite, giving clients deployment flexibility without the overhead of monolithic systems. FactSet said the deal responds to a shift in market data infrastructure needs, as trading moves toward 24-hour operations, AI reshapes workflows, and regulators raise the bar on cross-vendor governance, leaving firms building expensive workarounds for systems never designed to be open, modular, or cloud-ready.
Together, FactSet and bccg will offer an open ecosystem with governed access, combining exchange feeds, third-party content, and proprietary data in a single environment with centralized entitlements management, compliance reporting, and cost controls. The combination also brings API-first integration designed to connect to existing workflows, flexible cloud, on-premises, or hybrid deployment options built around bccg’s modular ONE Platform architecture, and a managed solution offering full-service operations with high availability and market data management optimization.
The acquisition unites FactSet’s 25 years of real-time data investment with bccg’s modern distribution architecture, giving clients a single, accountable partner for both content and infrastructure. FactSet said the transaction is not expected to have a material impact on its financial results.
FactSet is a global intelligence and AI solutions provider to the financial markets, serving more than 9,100 global clients and over 247,000 individual users. BCC Group International is a Germany-based financial technology provider founded over 20 years ago, delivering vendor-neutral platforms that enable banks, trading firms, and financial institutions to ingest, entitle, and distribute financial market data across hybrid, private, and public cloud environments including AWS, Azure, and Google Cloud.
KEY QUOTES:
“Clients have told us they don’t just want another data vendor. They want a deeply invested open technology partner they already trust to manage their data. This acquisition is our response: FactSet’s content expertise, open architecture platform principles, and premier white-glove service, coupled with bccg’s modular, API driven, frictionless data management solution. Combined, our solutions are uniquely positioned to offer clients an alternative to the traditional monolithic offerings of yesterday.”
Brian Herte, Global Head of Market Data and Trading, FactSet
“We are excited to join forces with a truly global partner with the scale and ambition to drive a paradigm shift in financial market data. By combining bccg’s leading cloud-native market data distribution technology with FactSet’s comprehensive data and managed services, we can give financial institutions a genuinely source-neutral alternative to today’s lock-in. Openness and choice across the data ecosystem sit at the heart of that vision.”
Mauricio Gonzalez Evans, CEO, BCC Group International
