There is no more Coates at Coates Analytics
. Founder and CEO Frank Coates
is no longer with the company he started in 2004, The MFWire
Also departing the firm is Todd Buck
, Coates Analytics' sales head.
A company spokesperson was not immediately available for comment.
Frank Coates sold the company, which provides Web-based analytics tools, to PNC Global Investment Servicing
in 2007. PNC Global Investment Servicing is in the process of being purchased by Bank of New York Mellon
in a deal expected to close in the third quarter.
A PNC representative could not be reached comment.
Correction: The updated version of this story clarifies the part of PNC that is being sold to Bank of New York Mellon. The unit is PNC Global Investment Servicing.
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