OptionMetrics, the options and futures database and analytics provider for institutional investors and academic researchers globally and backed by Leeds Equity Partners, has acquired Woodseer Global, a dividend forecast data company for equities, American depositary receipts (ADRs) and ETFs.
Woodseer produces dividend forecast data using an algorithm-based methodology. The company looks to help clients at banks, funds and market makers make faster trading, income planning and risk management decisions with Woodseer’s dividend forecast statistics for over 32,000 securities in more than 100 countries. The deal expands OptionMetrics’ research data offerings and global footprint by adding offices in London and Vancouver.
“The addition of Woodseer’s product suite will enhance our ability to serve financial market stakeholders and academic institutions in their analysis of equity market performance and risk,” says David Hait, CEO, OptionMetrics. “Woodseer’s accurate, comprehensive dividend forecast data is second to none and will provide our clients with new data sets and further drive analysis tools and capabilities within our core options data solutions.”