Vanda, a global leader in high-frequency positioning data and tactical macro insights, and Exante Data Inc., a respected provider of macro strategy and capital flow analytics, have completed a definitive merger agreement through which Vanda has acquired all outstanding capital stock of Exante, creating a combined entity poised to deliver unparalleled cross-asset data and analytical solutions to the world’s leading institutional investors. Under the terms of the deal, Jens Nordvig will assume the role of President and join the Board of Directors of the merged company, bringing his deep expertise in macro intelligence to the leadership team. Vanda’s market leadership in tactical positioning and flow data serving major investment banks, hedge funds, central banks, sovereign wealth funds and global asset managers is now complemented by Exante’s highly regarded macro strategy and capital flow analysis that supports over 100 sophisticated institutional clients in their alpha generation and risk management workflows, together forming an indispensable independent partner to the global investment community with unique data-driven insights spanning all major asset classes. The union creates exceptional analytical depth across both FICC and equity products, and the combined scale facilitates natural economies in sales, marketing, product engineering, and operations, enabling the group to aggressively leverage AI technologies and deliver bespoke solutions tailored to client needs.
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Angus Hume, Chief Executive Officer of Vanda, said, “We are excited to welcome Exante Data to Vanda and to collaborate with Jens, whose expertise has shaped one of the most respected macro intelligence firms in the industry. This is a major step toward building Vanda Analytics the category-defining digital macro strategist which we will launch later this year. Exante’s macro expertise and technology stack perfectly complements Vanda’s strengths. Together, we will provide unmatched cross-asset data and insight to the world’s leading institutions.” Jens Nordvig added, “I am excited to see Vanda and Exante join forces during this period of dramatic macroeconomic change… I look forward to partnering with Angus and the rest of the management team to accelerate the growth of our combined company and to deliver winning solutions to our growing global network of clients.” Mark Hepsworth, Chairman of Vanda, and Chris Kay, Partner at FPE, also underscored the strategic fit and strengthened cross-asset platform the merger will deliver, while terms of the transaction remain undisclosed.