Asset International, which is backed by private equity firm Genstar Capital, has closed its acquisition of Market Metrics and Matrix Solutions, data and research firms for adviser-sold investments and insurance worldwide.
The acquisition broadens Asset International’s portfolio of proprietary, actionable data, insights and business intelligence. Through this acquisition, Asset International is now the one-stop shop for data and insights supporting product innovation, manufacturing, sales and distribution for the asset management and insurance communities, as well as providing market surveillance solutions and marketing channels for this community.
The Market Metrics and Matrix Solutions acquisition expands Asset International’s deep proprietary asset management and insurance industry data sets by introducing a unique delivery model from C-level face-to-face meetings to the Financial Clarity analytics platform.
Asset International CEO Joel Mandelbaum, says: “We are now realising our ambition of creating the go-to supplier for the asset management community. Bringing Market Metrics and Matrix Solutions in to the Asset International family represents an excellent fit for our clients and employees, and we are delighted to have joined forces. Together we are building a dedicated enterprise to fully service the rapidly changing global investment management sector.”