PriceMetrix acquired by McKinsey
McKinsey has bought PriceMetrix, a Toronto-based data and analytics company focused on the wealth and asset management sector.
McKinsey says that “PriceMetrix will retain its management team, brand and identity, and will work in close collaboration with McKinsey’s wealth and asset management team”.
PriceMetrix’s tools – ValueOne, CommissionCheck and FeeCheck – are complementary to McKinsey’s existing products in this space, such as Performance Lens, the two companies state.
McKinsey’s portfolio of data, analytics and software offerings amounts to 35 solutions.