Acquisition integrates Empaxis’s data management expertise directly into Communify’s platform, solving the #1 barrier to AI adoption for wealth and asset managers: Data Management.

Communify, the leading provider of Financial AI, Digital and Data solutions for the financial industry, today announces its acquisition of Empaxis Data Management, a premier provider of investment data management and operational services for wealth and asset managers. The acquisition removes the primary obstacle of fragmented and inaccessible data through advanced data management, thereby empowering wealth and asset management firms to adopt Communify’s advanced MIND AI to create Client Stories™ and Portfolio Stories™ in fractions of a second rather than days.

Communify’s premier platform for wealth managers delivers powerful AI-driven tools like Client and Portfolio Stories, which are proven to drive engagement and scale advisors and asset managers. However, the effectiveness of these tools depends on clean, unified data—a challenge for most firms whose information is trapped in disconnected systems. Empaxis’s focused data management expertise on custodial and accounting integrations complements Communify’s apps and agents, making it simple for firms to quickly realize the benefits of the MIND AI platform.

“Advisors and asset managers demand faster insights, automation, and personalization—but data management remains a major obstacle,” said John Wise, CEO of Communify. “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.”

The integration of Empaxis means that Communify is now a complete, out-of-the-box solution. Empaxis will unify a firm’s fragmented custody and accounting data, creating the AI-ready foundation needed to immediately deploy trusted, precise MIND AI apps and agents, which are currently deployed in major institutions across the globe. MIND AI is expanding with both deterministic and generative tools, most recently announcing Communify’s Money Map (that includes a Personal Financial Statement PFS); this reinvents client onboarding and adds a layer of automation to client data management.

"Our expertise has always been in solving the complex back-office data puzzle through data management," said Stephen Van de Wetering, CEO of Empaxis. "By joining Communify, we connect that solution directly to a world-class platform. Together, we provide the complete package firms have been asking for—a clear path to making their data work for them.”

Empaxis brings more than 20 years of operational excellence to Communify, having executed hundreds of custodial integrations and digital-transformation projects globally. Their expertise in portfolio accounting, back-office automation and middle/back office (MBO) data management will be integrated into Communify’s solutions under Managed Services and Partnerships.

Take the First Step: The AI-Readiness Data Study. As part of this expansion, Communify is offering AI-Readiness Data Studies to wealth firms. These studies provide a clear roadmap for building an automated, AI-powered foundation. To learn more, visit https://communify.com/get-in-touch/.

About Communify

Communify is the leading Financial AI, Digital & Data Solutions company. Our mission is to deliver precise insights and add mass value to investors and investment professionals by unifying the communication of market & client data with our mature and trusted knowledge bases, digital apps, chat and AI Stories. Communify’s Knowledge Base of 4,000+ unique data feeds powers Communify’s advanced deterministic and generative AI capabilities for the next generation of communication, automation and management of financial data. Whether you are just starting your digital journey or well on your way, Communify is the innovation partner that can help you take it to the next level. To learn more about Communify, visit www.communify.com.

About Empaxis

Empaxis transforms investment operations through end-to-end process automation plus skilled outsourcing, enabling firms to dramatically lower costs, process faster, scale seamlessly and deliver superior client services. With over $500 billion in assets under administration and 20+ years of powerfully proactive, fiercely focused, data-driven experience, Empaxis generates impactful ROI to the backbone of firms: middle- and back-office operations, delivering an average 42% reduction in cost savings. Headquartered in the US, and with offices in London, Riyadh, Delhi, and Kolkata, Empaxis brings deep knowledge of the global capital markets; follow-the-sun workflow capabilities; and rigorously vetted, tested, and trained teams. Empaxis has established hundreds of custodial integrations and has carried out hundreds of platform implementations, digital transformation and RPA projects, and data migrations for investment firms and financial institutions globally.

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