Octus (formerly Reorg), a leading provider of credit intelligence and data, announced the acquisition of Sky Road, an innovator in credit portfolio management solutions for CLO, MMCLO, ABF, direct lending, and other public and private structured credit. This deal positions Octus as the first provider to deliver fully integrated, end-to-end credit intelligence, data, and document management, combined with comprehensive portfolio management capabilities tailored for today’s credit manager.
Sky Road’s platform offers specialized capabilities crucial for the credit market, including portfolio monitoring, compliance, trade management (OMS), and optimization. Built with operational best practices and modern application design, Sky Road enables managers to scale efficiently in a dynamic market.
As a unified platform, Octus will further assist clients by embedding breaking news and intelligence, comprehensive financials, market-leading data, and FinDox document management directly within Sky Road’s credit portfolio management capabilities, thereby eliminating workflow silos across portfolio management, compliance, and data management.
The Octus-Sky Road combination provides clients with a robust credit portfolio workflow solution. And now managers will be able to seamlessly act on insights with Sky Road’s proprietary trade suggestion models, while monitoring portfolio risks and compliance.
The key benefits of the Octus-Sky Road integration include:
1.) Betterportfolio visibility – By streamlining data rooms, compliance, and credit portfolio management onto one platform, buy-side professionals gain enhanced confidence, control, and operational ease. Integrating Octus’ intelligence, data, and FinDox capabilities with Sky Road’s solutions provides complete portfolio visibility for better-informed, dynamic decision-making.
2.) Complete credit workflow ecosystem – Octus now offers an unmatched ecosystem covering credit research, portfolio management, trading, compliance workflows, and middle office operations, unified with market-leading front office credit intelligence and data. And this integrated approach provides a comprehensive credit management toolset for enhanced efficiency and risk management.
3.) Modern technology with embedded AI capabilities – This integrated platform combines Sky Road’s modern, efficient architecture and optimization technology with Octus’ powerful AI engine, providing users with exceptional speed, deeper analytical capabilities across datasets, intelligent trade suggestions, and robust risk management tools.
Advisors: Sheppard, Mullin, Richter & Hampton and Weil, Gotshal & Manges both served as legal advisors to Octus in this transaction. And Confluens Partners and Winston & Strawn both served as advisers to Sky Road.
KEY QUOTES:
“Octus has a long-held vision to be the undisputed credit market leader, bringing our subscribers the intel, data, and workflow capabilities that help them win in the market. Now, by integrating the full Sky Road solution set with the Octus platform, we’re equipping our clients end-to-end to manage, monitor, and maneuver through the credit market like never before.”
Kent Collier, CEO of Octus
“Sky Road’s aim has been to transform and elevate the status quo of credit technology. We are thrilled to be joining the Octus team and pushing the industry to greater levels of innovation, fueled by Octus’ market-leading data and AI solutions.”
John Borse, co-founder and CEO of Sky Road
“With the acquisition of Sky Road, Octus is expanding into credit portfolio management – a request we have heard repeatedly from our clients who want an integrated data, intelligence, and portfolio management experience. We are committed to helping managers focus on their core investing competencies and continue to remove friction from their daily workflows by uniting critical credit portfolio workflow and management into one cohesive solution.”
Tejs Broberg, Global Head of Data at Octus
