"We are excited about the opportunities this acquisition provides to our clients and the ever-evolving loan market," stated Kelly Faykus, Co-Founder and Managing Partner of Virtus. "The combination of Virtus' expansive database of loan market information and TSI's strong settlement capabilities will create substantial opportunities to reduce trade settlement times while providing more robust management reporting and a framework to enhance market liquidity." Virtus provides a comprehensive, integrated suite of front, middle, and back office alternative asset administrative and analytical services. Its global offering extends across collateral administration services for structured transactions, middle office outsourcing, global loan data, loan agency, accounting and analytics. Today, the company administers over $180 billion in assets across its platform.