NEW YORK & LONDON--(BUSINESS WIRE)--Asset International, the premier source for authentic business intelligence and actionable insight for the asset management community, today announces that it has closed its acquisition of Market Metrics and Matrix Solutions. Market Metrics and Matrix Solutions are leading data and research firms for advisor-sold investments and insurance worldwide, with a heritage of providing strategic consulting and mission-critical data sets for mutual funds, variable annuities, mortgages and life insurance.

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 industry-leading Financial Clarity analytics platform.

Commenting on the acquisition, Asset International CEO Joel Mandelbaum said, ”We are now realizing 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.”

About Asset International

Asset International (AI) provides critical and proprietary data, business intelligence, information services and marketing solutions to the global investment management industry. AI‘s portfolio includes investment flow data, research, analytics, editorial and events for the global asset management community, asset owners and custodians, plus TCA for 500 million trades per month. Our clients include over 1000 of the most prominent names in the asset management industry, including 83 of the world‘s 100 largest fund managers.