๐ข๐ฏ๐ท๐ฒ๐ฐ๐๐๐ฎ๐ ๐๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ ๐๐ก๐ญ'๐ ๐ฆ๐๐ถ๐๐ ๐ฃ๐ฟ๐ถ๐๐ฎ๐๐ฒ ๐๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐๐๐๐ถ๐ป๐ฒ๐๐
- 1 day ago
- 1 min read
Objectway, a global WealthTech provider serving banking, wealth, and asset management firms, has agreed to acquire the Swiss private banking technology business of FNZ, known as FNZ Switzerland SA and formerly operating as New Access. The unit will run under the Objectway Switzerland brand and brings more than 160 professionals and over 40 private-bank clients into the group. Vincent Jeunet, who led FNZ's Swiss operations for over five years, will become CEO of Objectway Switzerland. Financial terms were not disclosed.
The acquired suite combines portfolio management, client relationship management, and back-office banking systems built for mid-sized to large private banks running cross-border and offshore operations. The deal extends Objectway's core-to-digital platform and adds an operational footprint across Switzerland, Singapore, and Tunisia, while broadening its reach into wealth hubs including Liechtenstein, Luxembourg, Monaco, and the Bahamas. For advisors and private banks, the combination promises a more unified relationship management and digital banking offering, with a fuller client view spanning advisory and operations.
The transaction underscores the consolidation reshaping WealthTech platform providers, who are pursuing scale to lower costs and differentiate through technology. As private banks face rising regulatory expectations, legacy constraints, and operational complexity, standardized core-to-digital platforms have become a competitive necessity, prompting providers to combine capabilities. Objectway, which reported roughly $148 million in revenue for fiscal 2025 and serves 250-plus institutions, frames the deal as another step in its pan-European expansion.
