Risk management technology provider oneZero announced on Tuesday morning that it has acquired charting and market data software firm Autochartist.
The terms of the deal were not announced but the acquisition will see both companies gain from the bits of complimentary technology that the two firms offer today.
In a statement, oneZero said that Autochartist will continue to provide its products and services without any changes.
However, they also said that the data engine that powers Autochartist’s services will be integrated into oneZero’s product. That will mean the company can provide clients with new products that can support their retention and marketing capabilities.
“The acquisition of Autochartist represents a significant milestone for oneZero,” said Andrew Ralich, CEO and Co-Founder of oneZero. “It underscores our commitment to delivering industry-first technology solutions, powered by data intelligence, that deliver unique value for our clients and foster loyalty with their customers.
“Our vision for the future of capital markets – centered on customer focus and data-driven insights – dovetails perfectly with Autochartist technology and their commitment to driving retention, education and engagement through market data.”