Informa to acquire investment Scorecard, Inc.Informa Investment Solutions (IIS (Internet Information Services) Microsoft's Web server. IIS runs under the server versions of Windows, adding HTTP server capability to the Windows operating system. ; White Plains, NY), a unit of Informa's (London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. ) Professional division and a provider of products and services to investment and wealth management professionals, has agreed to acquire Investment Scorecard, Inc. (ISI ISI International Sensitivity Index, see there ; Nashville, TN) for $50 million in cash. The acquisition, which will be paid through Informa's existing debt facilities, is expected to close this month. Investment Scorecard is a provider of integrated client support reporting and analytic an·a·lyt·ic or an·a·lyt·i·cal adj. 1. Of or relating to analysis or analytics. 2. Expert in or using analysis, especially one who thinks in a logical manner. 3. Psychoanalytic. solutions to the wealth management industry. Its products are designed to enable financial institutions to analyze and report on the performance of complex investment accounts to clients including trustees and high net worth individuals. ISI's ComlianceIQ service monitors investment policy statements, records an audit trail of regulated activity, produces reports on advisor and account level compliance, and advises on prudent investment practices. The company's InsuraceIQ service reviews, monitors and manages trust-owned life insurance, offers executive, administrative and client reporting, and manages fiduciary fiduciary (fĭd `shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another. liability.
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