S&P Global has completed its acquisition of Visible Alpha, a financial technology provider of deep industry and segment consensus data, creating a new offering of fundamental investment research capabilities on its Capital IQ Pro platform.

Visible Alpha will be operated within the S&P Global Market Intelligence division.

Visible Alpha was founded in 2015 and provides consensus forecast estimates, key performance indicators and analytics from in-depth sell-side analyst models, distributing the data through channels including a web-based platform, APIs and feeds. Visible Alpha is backed by a group of investment banks that also contribute of research and data to the platform.

S&P Global announced its agreement to acquire Visible Alpha in February. In a press statement, the company said that it did not expect this transaction to have a material financial impact on S&P Global Market Intelligence or S&P Global as a whole.

Skadden, Arps, Slate, Meagher & Flom LLP is acting as S&P Global's legal advisor. Jefferies LLC is acting as Visible Alpha's exclusive financial advisor and Morgan, Lewis & Bockius LLP is acting as Visible Alpha's legal advisor.