News: Discovery Data Acquires Meridian-IQ, Solidifying Its Leadership Position

Discovery Data Acquires Meridian-IQ, Solidifying Its Leadership Position

  • Discovery Data to provide its premium products and services to Meridian-IQ clients
  • Resulting in nearly 900 institutions and over 20,000 users of Discovery Data
  • All clients benefiting from expanded resources and key product investments
  • Discovery Data spins back out of Ipreo with major private equity investment

EATONTOWN, NJ — May 16, 2016 — Discovery Data, the leading provider of data on firms and professionals in the financial services industry, announced it has acquired essentially all the business assets of Meridian-IQ and, effective immediately, will be providing its products, services and support to Meridian-IQ clients.

The acquisition expands Discovery Data’s client coverage to nearly 900 institutions and over 20,000 users across asset managers, wealth managers, custodians, clearing firms, insurance companies and service providers.

“I am delighted to welcome our new clients from Meridian-IQ,” stated Bob Herrmann, CEO of Discovery Data. “I am also excited for our existing clients who will benefit from the significant immediate investments we are making to accelerate product enhancements. If your objective is to identify, reach and do business with the financial services industry, Discovery Data is the solution.”

For more information, contact 732-933-1899 or press@discoverydata.com.

About Discovery Data
Discovery Data is the leading provider of data, insight, and analytics on the firms and people driving the financial services and insurance industries across North America. The top asset and wealth management, fintech, media, consulting, and insurance companies turn to Discovery Data to improve their business performance.