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.”
About Discovery Data
Discovery Data offers the only single view of the financial services industry with access to all BD and RIA firms, over 680,000 reps, 2,300 trust companies and 1.8 million insurance agents via a state-of-the-art online system with in-depth firm and professional profiles encompassing hundreds of fields of data, sophisticated search capabilities, and business intelligence to follow industry trends and mine key data. Additional services include a comprehensive data hygiene program, a sophisticated Salesforce CRM data integration app, extensive data feeds to populate and update any CRM or data warehouse, data-driven market insight and strategic guidance. Many of the world’s largest and most successful institutions rely on Discovery Data to understand the industry, and to identify, reach and do business with firms and professionals throughout the U.S.