The latest mergers, acquisitions and other corporate actions in the wealth management sector.

MSCI said yesterday that it has acquired index services provider, Compass Financial Technologies – a move that comes hot on the heels of its purchase of Vantager, an AI platform that streamlines pre-investment due diligence for institutional private markets investors.

The Compass deal – the financial terms of which were not disclosed – will extend MSCI’s reach across asset classes, it said. Following the deal, the firm will be able to create, calculate and customize complex multi-asset indexes that integrate global equities, fixed income, commodities, digital assets, currencies and derivatives. 

The New York-listed group said the acquisition complements MSCI’s purchase of Foxberry in 2024.