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Acxiom Selected Data Solution Partner by GlobeOne - Analyst Blog

Leading analytics and software-as-a-service provider Acxiom Corporation (ACXM) was recently selected by GlobeOne, LLC, a financial technology firm collaborating with a network of financial institutions, to develop a database solution to create a global community.

As part of this agreement, Acxiom will provide data hosting services to help GlobeOne work more efficiently and partner banks within its network. With advanced technology, GlobeOne aims to create financial opportunities and community growth and facilitate financial transactions with greater ease and flexibility and at the same time activate its network of member banks.

Acxiom will help collect, process, calculate and return data to partner banks in this network in a cost-effective manner while adhering to the Fair Credit Reporting Act (FCRA) and the Gramm-Leach-Bliley Act (GLBA), which regulates the collection and use of consumers' financial data. GlobeOne's strategic move is aimed to create opportunities for the underserved markets with its innovative solutions. Over the years, Acxiom has emerged as a formidable player in the field of marketing services and technology.

Acxiom provides consumer data and analytics, information technology, data integration, and consulting solutions. Its products and services enable clients to use information to improve their business decision-making processes and manage customer relationships. Moving ahead, the company is likely to be highly benefited by its well-diversified business portfolio in terms of geographies, products and markets.

Acxiom currently has a Zacks Rank #4 (Sell). Other stocks that appear attractive include CDK Global, Inc (CDK), CDW Corporation (CDW) and Fair Isaac Corporation (FICO), each carrying a Zacks Rank #2 (Buy).

Leading analytics and software-as-a-service provider Acxiom Corporation ( ACXM ) was recently selected by GlobeOne, LLC, a financial technology firm collaborating with a network of financial institutions, to develop a database solution to create a global community.

As part of this agreement, Acxiom will provide data hosting services to help GlobeOne work more efficiently and partner banks within its network. With advanced technology, GlobeOne aims to create financial opportunities and community growth and facilitate financial transactions with greater ease and flexibility and at the same time activate its network of member banks.

Acxiom will help collect, process, calculate and return data to partner banks in this network in a cost-effective manner while adhering to the Fair Credit Reporting Act (FCRA) and the Gramm-Leach-Bliley Act (GLBA), which regulates the collection and use of consumers' financial data. GlobeOne's strategic move is aimed to create opportunities for the underserved markets with its innovative solutions. Over the years, Acxiom has emerged as a formidable player in the field of marketing services and technology.

Acxiom provides consumer data and analytics, information technology, data integration and consulting solutions. Its products and services enable clients to use information to improve their business decision-making processes and manage customer relationships. Moving ahead, the company is likely to be highly benefited by its well-diversified business portfolio in terms of geographies, products and markets.

Acxiom currently has a Zacks Rank #4 (Sell). Other stocks that appear attractive include CDK Global, Inc ( CDK ), CDW Corp. ( CDW ) and Fair Isaac Corp. ( FICO ), each carrying a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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