KBRA Acquires AXES Data Extraction Framework to Expand its FI Analytics Capabilities
KBRA Analytics, a division of Kroll Bond Rating Agency, LLC (KBRA), announces its acquisition of AXES, an automated XBRL extraction and standardization application, from The Woodlands, Texas-based AsReported, LLC.
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“I’m thrilled to be working with KBRA to continue to evolve the AXES framework and work with their amazing team”
AXES is a fully-automated framework that captures and standardizes corporate financial data from SEC filings and other published reports. The technology will be integrated into the KBRA Financial Intelligence (KFI) offering, which provides coverage of the North American financial sector and banking data. AsReported Founder Robert Santoski will join the KFI team as a consultant to integrate the AXES software application and expand its capabilities.
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“We are excited to close on this transaction and welcome Mr. Santoski to the KBRA Analytics team,” said Jim Nadler, KBRA’s President and CEO. “Our combined services will allow us to expand our KFI offering and lead the way in developing best-in-class products and services.”
“I’m thrilled to be working with KBRA to continue to evolve the AXES framework and work with their amazing team,” said Robert Santoski.
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