Please install flash player

Get Adobe Flash player

odyssey wealth management private banking odyssey wealth management private banking

< Back to news list



Odyssey partners with Finantix

language 18-May-2005



In line with a strong requirement from the financial services industry for a comprehensive sales and advisory solution, Odyssey Asset Management Systems, a leader in wealth management & private banking solutions, has purchased a 26.5% stake in Finantix, a leading provider of component-based, multi-channel software solutions for financial institutions. This project is part of the long term strategy of both companies to become and remain strong global leaders in their market segments.

This partnership enables both companies to extend its mid- / front-office solution by providing an integrated sales and advisory platform that covers all client segments, from retail to wealth management.

Leveraging on the companies' combined technical knowledge, research & development activities and services capacities, the partnership will enable both companies to develop new sales channels and to deliver a joint innovative solution that meets evolving market requirements. The partnership will also support Odyssey in the strategy of extending its component-based architecture; as both companies share the same technology approach, the solutions' architectures are similar and thus can be effectively and efficiently merged.

Antoine Duchateau, CEO of Odyssey Asset Management Systems says: "With Finantix as our partner we are further expanding our solutions coverage. We believe that the combined solution will provide a unique offering, and are confident that it will strengthen the position of both companies in the sales and advisory market segment worldwide”.

About Finantix
Finantix provides component-based, multi-channel software solutions for financial institutions supporting all critical processes of a delivery organization to better service clients and increase sales. With offices in Helsinki, Hong Kong, London, Milan, Munich, Singapore and Venice, Finantix markets process-oriented, client-centric, sales-driven financial components for retail advice and financial planning, branch innovation, lending and mortgage origination, bancassurance, wealth management and private banking, CRM, fund and unit trust supermarket, brokerage and banking services, SME and corporate banking. Finantix was founded in 1991 and currently employs over 100 experienced professionals. To find out more, please visit www.finantix.com.

 

Contact

Kristine Solf
Tel. +352 42 60 80 1
Email