FNZ onboards new client servicing company
FNZ has agreed to acquire Appway, the leader in client onboarding and client servicing for financial institutions.
Tuesday, December 7th 2021, 9:01PM
It says this acquisition adds significant next-generation technology to its wealth management platform. It will help financial institutions to accelerate innovation and rapidly deploy personalised customer propositions across the wealth continuum that are differentiated, scalable and that meet regulatory requirements.
"This strategic acquisition gives FNZ significant technology expertise in enterprise-grade low-code no-code workflow automation with deep domain expertise across the entire wealth management value chain," it says.
Appway founder and chief executive Hanspeter Wolf will become chief technology officer of the FNZ Group and join the senior leadership team.
FNZ's success has always been based on understanding the needs of our customers and providing them the solutions they need to grow their business.
"We are excited that FNZ and Appway are coming together to provide financial institutions with an unrivalled platform to accelerate their digital transformations, deliver significant operational efficiencies and improve the client experience," FNZ Group chief executive Adrian Durham says.
"Both our companies have a shared vision, relentless focus on customer success and a track record of innovation and Hanspeter is an inspirational and seasoned leader with rich experience in the technology sector. We are delighted to welcome him and the talented Appway team into FNZ."
Appway's award-winning solutions are trusted by leading financial institutions, including 10 out of 25 of the world's largest wealth managers, to automate and accelerate their business-critical core processes and adapt to new regulatory requirements.
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