Communify completed the acquisition of Empaxis Data Management.

Communify, a provider of financial AI, digital and data solutions for the financial industry, completed the acquisition of Empaxis Data Management, a provider of investment data management and operational services for wealth and asset managers. Financial terms were not disclosed. “Advisors and asset managers demand faster insights, automation, and personalization—but data management remains a major obstacle. With pre-integrations to 175+ market data vendors worldwide, Communify is already one of the largest global market data distribution platforms. The acquisition of Empaxis Data Management eliminates the barriers between client and internal systems, unifying client and market data within Communify’s Knowledge Base. This integration powers MIND AI to deliver best-in-class Portfolios, Research, and Client Stories," John Wise, Communify CEO.