SAN FRANCISCO--(BUSINESS WIRE)--Greenwich Associates, the leading global financial services consultancy, announced today that it has reached an agreement in principle to acquire Javelin Strategy & Research.
“Clients of both Javelin and Greenwich Associates will benefit from the combined expertise of the two organizations in terms of better insights, faster access to data, product expansion, and an integrated view across both retail and commercial segments.”
Javelin Strategy & Research, based in Pleasanton, CA, provides strategic insights and research in retail financial services, with deep expertise in mobile and multichannel banking, payments, security and fraud. Javelin’s clients include leading financial institutions, government agencies, payments companies, merchants, and other technology providers.
The transaction is expected to be complete by the end of 2012.
“Javelin provides exceptionally high quality research and insights in areas of critical importance in financial services,” says Greenwich Associates CEO Steve Busby. “Clients of both Javelin and Greenwich Associates will benefit from the combined expertise of the two organizations in terms of better insights, faster access to data, product expansion, and an integrated view across both retail and commercial segments.”
Benefits to the Marketplace
The integration of Javelin Strategy & Research’s capabilities into the Greenwich Associates platform will deliver important benefits to clients and to the marketplace at large, including:
- Expanded competitive benchmarking capabilities for providers and issuers in retail banking, payments, security, and mobile banking.
- Global expansion of both client relationships and production capabilities that mirrors how worldwide trends are increasingly shaping financial transaction services and technology.
- Integrated research and insights across retail and commercial financial services.
- More robust on-line data access tools for Javelin’s research and research reports.
“By expanding the global reach and advisory capabilities of both firms, the combination of Javelin and Greenwich Associates will be able to better serve our core client base of financial services, government and technology firms,” says Javelin Strategy & Research President Jim Van Dyke. “The combination will allow us to deliver more value, by bringing together two organizations that deliver strategic action-ready recommendations from the highest quality research process.”
Details of the transaction will be provided upon closing.
About Greenwich Associates
Greenwich Associates provides research-based strategy management services for financial professionals. Greenwich Associates’ studies provide benefits to the buyers and sellers of financial services in the form of benchmark information on best practices and market intelligence on overall trends. Based in Stamford, Connecticut, with additional offices in London, Toronto, Tokyo, and Singapore, the firm offers over 100 research-based consulting programs to more than 250 global financial services companies. Please contact us for further information or to arrange an interview with one of our consultants. You can visit our website, www.greenwich.com, for more information.
About Javelin Strategy & Research
Javelin Strategy & Research provides strategic insights into customer transactions, increasing sustainable profits for financial institutions, government, payments companies, merchants and other technology providers. Javelin’s independent insights result from a uniquely rigorous three-dimensional research process that assesses customers, providers, and the transactions ecosystem. Javelin conducts in-depth primary research studies to pinpoint dynamic risks and opportunities in mobile and multichannel banking, payments, security and fraud. You can visit our website, www.javelinstrategy.com for more information.