FNZ to acquire YieldX, accelerating the personalization of wealth management solutions across the U.S. market
Summary
These innovative capabilities, which will be integrated into FNZ’s wealth platform, enable clients to scan the universe of fixed-income opportunities globally, and quickly identify the outcomes that mirror their desired term and yield, based on their risk profile. FNZ combines cutting-edge technology, infrastructure, and investment operations into a single, state-of-the-art platform, enabling global financial institutions to rapidly deliver personalized services and innovative wealth products that are seamlessly aligned with the needs of their clients. It partners with over 650 large financial institutions and 8,000 wealth management firms in 21 countries, including abrdn, Barclays, Colonial First State, Envestnet, Generali, Lloyds Bank, Santander, and Vanguard. YieldX’s solutions perfectly complement our existing strengths and will further differentiate our offering for the benefit of all clients.” “The acquisition also provides a unique opportunity to accelerate our growth and presence in the U.S. as we continue to add market leading capabilities to our global wealth platform. Like us they are highly innovative, customer obsessed and are an invaluable addition to our team.” Adam Green, co-founder and CEO of YieldX, said: “The demand for digital, personalized fixed income solutions has skyrocketed over the last year as yields have risen.
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