Financial services consultancy Greenwich Associates is to acquire retail finance research house Javelin Strategy & Research.
Based in Stamford, Connecticut, with additional offices in London, Toronto, Tokyo, and Singapore, Greenwich Associates provides benchmark data and intelligence on trends in the wholesale financial markets. Pleasanton, CA-based Javelin majors on retail financial market insights, with expertise in mobile and multichannel banking, payments, security and fraud.
Greenwich Associates CEO Steve Busby, says: "Clients of both Javelin and Greenwich Associates will benefit from the combined expertise of the two organisations in terms of better insights, faster access to data, product expansion, and an integrated view across both retail and commercial segments."
The connection with Greenwich will give Javelin access to an expanded set of competitive benchmarking capabilities and a more international outlook.
The transaction is expected to be complete by the end of 2012. Financial terms were not disclosed.