London and New York (OTE) – London and New York (ots/PRNewswire)
– Assets on Platform have grown by 406% over the last five years
– This milestone reinforces FNZ’s position as one of the world’s
largest wealth management platforms
– FNZ now partners with over 650 financial institutions, more than
12,000 wealth management firms and serves over 26 million end
investors globally
– 6 out of the top 10 most recommended UK adviser platforms use FNZ
technology, according to recent analysis conducted by Defaqto
– Builds on FNZ’s purpose to open up wealth by making wealth
management more accessible and personalized to more people
FNZ, the global wealth management platform, has today announced
that it has reached a record milestone of US$2 trillion in Assets on
Platform.
This achievement reinforces FNZ’s leadership position in the
global wealth industry and highlights its growing role in
transforming the way wealth management services are delivered.
It also reflects the accelerating global demand for FNZ’s market-
leading, AI-powered, end-to-end technology. Leveraging this has
enabled its partners to deliver faster innovation, deeper
personalization and significantly lower costs.
Recent growth in Assets on Platform has been underpinned by new
client wins, expansion of mandates with existing customers and
organic market growth across several major geographies. Over the last
five years, Assets on Platform have grown by 406% (38.3% annualised),
reflecting the sustained momentum in FNZ’s business globally.
Founded in 2003, FNZ partners with many of the world’s leading
banks, insurers and wealth managers to deliver integrated technology,
operations and market solutions.
Today, FNZ operates in most of the world’s major markets, serving
over 26 million customers, and continues to expand its platform to
meet the evolving needs of the industry.
In the UK, FNZ customers also feature strongly in Defaqto’s
latest list of the top 10 most recommended adviser platforms, with
six of them using FNZ technology, as voted for by UK advisers.
Blythe Masters, Group CEO of FNZ, said:
„Surpassing US$2 trillion in Assets on Platform is a powerful
demonstration of the strength of our platform, the dedication of our
people and the deep, long-term partnerships we have with our clients.
„We only succeed when our clients succeed, and we remain
relentlessly focused on supporting their ambitions, as we use
technology to empower advisors and make saving for the future easier
for everyone.
„We are incredibly excited about the future, harnessing our
scale, technology and expertise to open up wealth and support our
clients in delivering innovative, efficient and personalized wealth
management and market services to millions of end investors.“
FNZ works with over 650 financial institutions and more than
12,000 wealth management firms worldwide, including Aberdeen, AJ
Bell, Allianz, Aviva, Bank of Montreal, Barclays, BNZ, Colonial First
State, Consilium, Lloyds Banking Group, NAB, Nucleus Financial
Platforms Group, Quilter, Raymond James, UOB Asset Management and
Vanguard.
FNZ is backed by some of the world’s largest institutional
shareholders, including La Caisse (formerly CDPQ), Canada Pension
Plan Investment Board (CPP Investments), Generation Investment
Management and Motive Partners.
View original content: https://www.prnewswire.co.uk/news-
releases/fnz-reaches-record-milestone-of-us2-trillion-in-assets-on-
platform-302535739.html
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