TLDR: Communify has acquired Empaxis Data Management to integrate its data management expertise directly into Communify’s platform. This strategic move aims to eliminate data fragmentation, a significant barrier to AI adoption, thereby enabling wealth and asset management firms to fully leverage Communify’s MIND™ AI for enhanced client and portfolio insights.
LOS ANGELES – October 16, 2025 – Communify, a prominent provider of Financial AI, Digital, and Data solutions for the financial industry, today announced its acquisition of Empaxis Data Management. This acquisition is set to revolutionize how wealth and asset management firms utilize artificial intelligence by directly addressing the critical challenge of fragmented and inaccessible data.
The integration of Empaxis’s specialized investment data management and operational services into Communify’s platform is designed to remove the primary obstacle preventing widespread AI adoption in the financial sector. By unifying disparate data sources, Communify aims to empower firms to deploy its advanced MIND™ AI capabilities, enabling the rapid creation of ‘Client Stories™’ and ‘Portfolio Stories™’ in seconds, a process that traditionally takes days.
John Wise, CEO of Communify, emphasized the strategic importance of this acquisition. “Advisors and asset managers demand faster insights, automation, and personalization—but data management remains a major obstacle,” Wise stated. “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.”
Communify’s existing platform is renowned for its powerful AI-driven tools, which have been proven to enhance engagement and scalability for advisors and asset managers. However, the full potential of these tools hinges on clean, unified data, a challenge for many firms whose information is often siloed across disconnected systems. Empaxis’s expertise in custodial and accounting integrations perfectly complements Communify’s offerings, facilitating immediate realization of the benefits offered by the MIND AI platform.
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The acquisition transforms Communify into a comprehensive, out-of-the-box solution. Empaxis will play a crucial role in unifying fragmented custody and accounting data, establishing an ‘AI-ready’ foundation. This foundation is essential for the immediate and reliable deployment of precise MIND AI apps and agents, which are already in use by major institutions globally. Communify’s MIND AI is continuously expanding, incorporating both deterministic and generative tools, including the recently announced Money Map (featuring a Personal Financial Statement PFS), which is set to redefine client onboarding and automate client data management.
