London
11 July 2017
Reporter: Stephanie Palmer
Broadridge makes data intelligence acquisition
Broadridge is expanding its data and analytics solution with the acquisition of Spence Johnson, a provider of institutional data and intelligence to the asset management industry.

Spence Johnson’s Money in Motion product will be combined with Broadridge’s Global Market Intelligence solution, bringing retail and institutional data and analytics together in a single product.

Through pairing its global retail fund data and analytics solution with Spence Johnson’s institutional data, market intelligence and insight capabilities, Broadridge intends to provide asset management clients with a more holistic global market view.

Terms of the deal have not been disclosed.

Stephanie Clarke, senior vice president of Broadridge’s Global Market Intelligence business, said: “Combining Broadridge’s and Spence Johnson’s powerful data and analytics solutions will position Broadridge to provide our clients the ability to perform complete cross channel analysis, enabling unique geographic, market and product views.”

She added: “The ability to measure and benchmark the market by geography, channel and product will be a significant advancement in asset management industry data, analytics and insight.”

Magnus Spence, co-founder and CEO of Spence Johnson, commented: “Spence Johnson is proud to join Broadridge and together provide the industry with an unprecedented view of the asset management marketplace.”

He said: “Our combined data and analytics will better enable us to provide our clients with the data and insights needed to identify growth opportunities.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
BNY Mellon recruits for alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
New recruits for BNY Mellon's alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
New recruits for BNY Mellon's alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
Euroclear sees strong H1 asset growth
21 July 2017 | Frankfurt | Reporter: Jenna Lomax
Post-trade service provider Euroclear saw its asset under safekeeping increase by 5 percent to €28.4 trillion in the first half of 2017
Record AuC figures for BNY Mellon
21 July 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon recorded high levels of assets under custody and administration in Q2 2017, reaching $31.1 trillion
LSEG and IBM partner for SME blockchain
20 July 2017 | London | Reporter: Drew Nicol
The framework will be built on Hyperledger Fabric version 1.0 and hosted by The Linux Foundation
Northern Trust commits to EU hub
19 July 2017 | Luxembourg | Reporter: Stephanie Palmer
Northern Trust is set to establish a banking presence in Luxembourg, and has appointed a new head of continental Europe, in a move that it says is “further establishing its commitment to the region”
More news