TRG Screen, which sells subscription and market data spend management software to financial and legal firms, has folded in BST America, a New York market data advisory shop, according to Finextra’s July 16, 2026 report. No price or investor names were disclosed, which is typical for these tuck-in consultancy buys but still worth flagging for anyone trying to size up the market data spend management space.
Buying the advisors who tell banks how much they’re overpaying for data is a neat way to own both sides of the cost conversation.
The logic is straightforward: as market data bills balloon across trading floors and law firm libraries alike, vendors that manage subscription entitlements want to also own the consulting relationships that audit those same contracts. Watch for TRG Screen to bundle BST America’s advisory work into its core platform sales pitch, and for rivals in spend-management software to respond with their own consultancy pickups.
TRG Screen, the leading provider of market data and subscription management software for financial services and legal firms worldwide, has completed the acquisition of BST America, a New York-based specialist market data advisory and consultancy firm.
— Finextra
