ISS Market Intelligence (ISS MI), the leading provider of critical data, insights, and research to the global financial community and part of the Institutional Shareholder Services Inc. group of companies, today announced the acquisition of Flowspring, a leading provider of advanced competitive intelligence for asset managers.
Flowspring’s web-based platform is powered by cutting-edge data models that help asset managers better understand their competitors, their investors, and the market for their products. Armed with the platform’s actionable, forward-looking insights, asset managers are able to make timelier data-driven strategic decisions. The Denver-based company was founded by Warren Miller, CFA, who previously led quantitative research teams and asset manager software solutions at Morningstar. Miller will join the ISS MI team and report to Ben Doob, Head of ISS Market Intelligence.
“Combining the quantitative modeling and predictive analytics capabilities of Flowspring with our industry-leading datasets and research solutions will unlock a new level of power for our clients and will help them make more informed decisions in less time,” said Doob. “We look forward to welcoming Flowspring and its clients to the ISS MI family.”
The acquisition is another step in ISS MI’s commitment to building a platform for clients that enables access to a broader set of integrated data while also helping them gain more actionable intelligence with less effort.
Read the press release here.