Tech acquisition

FNZ adds Swiss software firm to wealth tech platform

Adrian Durham

Adrian Durham: operational efficiencies

FNZ, the wealth management technology platform, has acquired Appway, a client onboarding and servicing firm that will boost its automation offering.

Edinburgh-based FNZ said the deal will add significant next-generation technology to its platform and help financial institutions build customer propositions more quickly.

Appway is a Zurich-headquartered multinational and its solutions are used by 10 of the world’s largest wealth managers to automate and accelerate core processes and adapt to new regulatory requirements.

Hanspeter Wolf, CEO and Founder of Appway, will become chief technology officer of the FNZ Group and join the senior leadership team, effective on the acquisition closing date.

FNZ chief executive Adrian Durham, said: “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.

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