UK- based EQUITY X joins BT Radianz Cloud

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Equity valuation software EQUITY X, today has joined BT Radianz Cloud, a cloud community for global financial markets. The development is part of EQUITY X’s aim to deliver better user experience of its new peer search engine and offer a new feature valuing public shares based on alternative data.

Akio Kurata, Founder & CEO, EQUITY X, said, “We would like to present clients with the best digital solution and aim for them to have the best experience using EQUITY X. BT Radianz Cloud has provided a private extranet service for thousands of financial institutions for the past 20 years, which is now widely accepted and trusted in capital markets for the provision of secure, performant global communications and support for the capital market participants – it is the best environment for us to deliver EQUITY X and help them advance operations.”

The new peer search engine analyses target company similarity from a pool of public companies.

EQUITY X helps acquirers to incorporate conservative and unbiased scenarios into acquisition prices for private companies, especially in cross-border M&A transactions. The company enables firms to generate full stand-alone valuation reports, share them with key decision-makers and adequately manage impairment risks throughout acquisition processes. It also helps private and investment bankers to provide fair views on values of private shares for sellers to build strategic capital alliances and increase values of private wealth.

Michael Woodman, Managing Director, Radianz Services, BT, said, “Data has never been more critical to the success of the capital market community globally. EQUITY X offers innovative equity valuation software and alternative data that can be used by a wide range of buy-side, sell-side and other capital markets participants. We are very pleased to be collaborating with EQUITY X® to help them connect with new clients globally.”