BlueMatrix completes acquisition of AI research platform Aiera

BlueMatrix, which makes publishing software for capital markets research, has completed its acquisition of Aiera, an AI-enabled financial research platform, according to a press release. The deal is backed by Thoma Bravo, BlueMatrix's majority shareholder. Financial terms were not disclosed.

Aiera was built with buy-side and sell-side institutions to give permissioned, compliant access to proprietary financial content, on the principle that research providers should set the terms for how AI systems use their work. Combined with BlueMatrix's tools for authoring, compliance review and distribution, the companies say research can now go from the point of writing into AI systems with attribution and access rights intact.

"Research providers and investment managers have told us how excited they are to have one partner that can take research into AI systems with attribution, entitlements and governance intact," said BlueMatrix CEO David Nable. BlueMatrix says more than 1,000 financial institutions use its platform. Aiera CEO Ken Sena and his team join BlueMatrix.