The Zurich-based artificial intelligence (AI) firm, which provides digital solutions predominantly to the wealth management sector, will provide AI-based insights and personalization capabilities to Finantix's platform.
Finantix, a global provider of technology solutions to the wealth management, insurance, and banking industries, has acquired Swiss fintech and consulting firm InCube, according to a press release on Tuesday.
According to Finantix, the acquisition will enable the firm to expand its presence in the Swiss and global wealth management and insurance markets, and broaden market access for InCube’s products and solutions.
«This acquisition is a great fit as we share many values and have a common vision. First and foremost, a relentless focus on the need of our customers to leverage the growing amount of data available and the drive to transform this into actionable business insights,» Christine Ciriani, chief commercial officer, Finantix, said in the statement.
Continued Expansion
Finantix noted ongoing investment in research and development, and an expanding client base across Asia-Pacific and Europe.
In January, it strengthened its Singapore and U.K. teams, with the addition of Michael Gantenbein as account delivery director in Singapore and Gareth Williams will join as business development director in the U.K.
