Nasdaq announced it has agreed to sell its financial technology platform, Solovis, to global software investor Insight Partners, with the transaction expected to close in the fourth quarter of 2025, subject to customary approvals.
Nasdaq to Sell Solovis to Insight Partners
Solovis provides multi-asset class portfolio management, analytics, and reporting tools, helping institutional investors monitor performance, exposure, liquidity and risk in real time across public and private markets.
Under Insight Partners’ ownership, the platform is expected to focus on accelerating product development, improving service delivery, and broadening its suite of solutions.
“At Insight Partners, we are attuned to the evolving needs of asset owners. Solovis’ world-class platform addresses their complex challenges, earning the trust of a remarkable customer base and making it an ideal platform for continued growth,” said Anika Agarwal, Managing Director at Insight Partners.
Oliver Albers, Executive Vice President and Chief Product Officer of Capital Access Platforms at Nasdaq, said the move would allow Solovis to benefit from dedicated investment and strategic focus.
“This strategic move simultaneously enables us to concentrate our innovation and market development efforts on Nasdaq eVestment, where our established brand and solutions address the complex data and workflow needs of the global institutional market across public and private markets,” he added.
Insight Partners said Solovis would also benefit from the support of its strategic growth division, Onsite, to expand reach and enhance capabilities.
Financial terms of the deal were not disclosed.
