The company, eVestment Omni, comprises of three versions to match the solutions available from the combined organisation: Omni Source (formerly eVestment Exchange), Omni Select and Omni Complete (formerly ASAP ManagerQuest).

Collectively, the eVestment Omni offerings will automate and manage data population for over 300 clients representing over $24.5 trillion in assets under management and over 4,600 unique investment strategies. It aims to deliver a complete spectrum of technology-enabled offerings for traditional institutional and hedge fund asset managers.

Matt Crisp, co-founder of eVestment, said: “This acquisition furthers our efforts to improve the overall client experience, optimising accuracy and efficiency. The ASAP team has built a strong foundation with their innovative and intelligent services and we are excited to have them join eVestment.”