FNZ, an international wealth management platform, has acquired Swiss private banking technology company NewAccess. According to FNZ, the acquisition will increase the company’s presence in Switzerland, Liechtenstein and Luxembourg.
With over $ 1.5 trillion in assets managed on the platform, FNZ has more than 20 million clients worldwide. The latest announcement from FNZ came about seven months after the company announced its acquisition of Swiss fintech company Appway.
In an official press release, FNZ highlighted a growing opportunity in the $ 240 trillion global wealth market. The company currently operates in 21 counties around the world. In addition, FNZ is affiliated with over 650 financial institutions.
FNZ’s success is always based on understanding our customers’ needs and providing the solutions we need to grow our business. FNZ and New Access work together to make private banks and wealth managers unmatched. We are pleased to be able to provide full service. The end-to-end wealth management platform can significantly improve operational efficiency and improve the client experience. ” Said Adrian Durham, CEO of the FNZ Group.
The financial details of the acquisition have not been disclosed.
New market
FNZ said the acquisition will allow it to explore growth opportunities in markets such as Switzerland and Luxembourg. Switzerland has more than 200 local employees.
Vincent Jeunet, CEO of NewAccess, commented: The market is a great opportunity for New Access and its clients. New Access customers will benefit from FNZ’s significant investment and track record in the private banking sector, reducing operational complexity, achieving significant efficiency and at the same time allowing them to focus. Client experience. “
FNZ, an international wealth management platform, has acquired Swiss private banking technology company NewAccess. According to FNZ, the acquisition will increase the company’s presence in Switzerland, Liechtenstein and Luxembourg.
With over $ 1.5 trillion in assets managed on the platform, FNZ has more than 20 million clients worldwide. The latest announcement from FNZ came about seven months after the company announced its acquisition of Swiss fintech company Appway.
In an official press release, FNZ highlighted a growing opportunity in the $ 240 trillion global wealth market. The company currently operates in 21 counties around the world. In addition, FNZ is affiliated with over 650 financial institutions.
FNZ’s success is always based on understanding our customers’ needs and providing the solutions we need to grow our business. FNZ and New Access work together to make private banks and wealth managers unmatched. We are pleased to be able to provide full service. The end-to-end wealth management platform can significantly improve operational efficiency and improve the client experience. ” Said Adrian Durham, CEO of the FNZ Group.
The financial details of the acquisition have not been disclosed.
New market
FNZ said the acquisition will allow it to explore growth opportunities in markets such as Switzerland and Luxembourg. Switzerland has more than 200 local employees.
Vincent Jeunet, CEO of NewAccess, commented: The market is a great opportunity for New Access and its clients. New Access customers will benefit from FNZ’s significant investment and track record in the private banking sector, reducing operational complexity, achieving significant efficiency and at the same time allowing them to focus. Client experience. “