Finantix acquires Swiss wealth management and insurance company InCube

Venezia, Italy-headquartered Finantix , a software provider to wealth managers, insurers and banks, has announced the acquisition of InCube Group , a Swiss firm providing AI-enabled products and solutions to wealth managers and insurers. You see the synergy.

“We are excited to welcome InCube to the Finantix family, enhancing our AI–based insights and personalisation capabilities. 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. We believe that, by combining InCube’s AI–based products, deep data science experience and domain expertise with Finantix’s comprehensive offering, our customer-base will benefit from an enriched platform ready to accelerate their innovation capabilities in a data-driven era.” – Christine Ciriani, Chief Commercial Officer at Finantix.

“Financial services institutions are dealing with more data than ever before. It is paramount that data is processed in a timely and intelligent manner to generate actionable insights and personalised experiences. We believe our joint proposition will allow us to better execute this vision. Finantix’s enterprise-grade technology, ongoing investment in research and development, and expanding client base across Asia-Pacific and Europe are extremely complementary to our existing products, offerings and expertise.” – Dr. Boris Rankov, Co-founder and Partner of InCube Group.