OBJECTWAY AMONG THE TOP 500 CHAMPIONS THAT HAUL THE ITALIAN ECONOMY

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PRESS RELEASE, 19TH MARCH 2019

OBJECTWAY AMONG THE TOP 500 CHAMPIONS THAT HAUL THE ITALIAN ECONOMY

Excellence in budgetary performance to obtain the prestigious ItalyPost award in collaboration with “L’Economia” of Corriere della Sera

Milan, Italy, – 19th March 2019 – Objectway, a leader in the Digital Wealth, Investment & Asset Management sector, is one of the 500 Italian companies included in the Top 500 Champions ranking by the ItalyPost Research Centre and in collaboration with “L’Economia”, economic magazine of the Italian daily newspaper Corriere della Sera.

The research, presented last Friday at Borsa Italiana, analysed the financial statements from 2011 to 2017 of approximately 11,600 companies active in Italy that had an annual turnover between 20 and 120 million Euros. The top performers had to demonstrate to have multiple requirements of absolute excellence concurrently: annual growth rate of at least 7%, average ebitda of 10% for the last three fiscal years, Pfn / ebitda ratio of 1.8 and minimum triple B rating assigned by Modefinance.

The ranking depicts a heterogeneous entrepreneurial situation, but with some common drivers. The companies included in the Top 500 have focused on specialisation and high value-added business segments, investing in continuous innovation and growth and also through acquisitions. They also have had the ability to develop highly qualified technological and business skills to offer the best-of-breed combination of technology and quality, anticipating their markets’ needs and reacting promptly to changes or downturns.

“Our presence in the Top 500 Champions makes us very proud, it reflects and rewards the work we’ve done and the growth strategy undertaken in these years. Our roots are firmly Italian, here we have achieved market leadership and from here we have been growning globally to operate today on three continents,” commented Luigi Marciano, CEO and founder of Objectway. “The combination of our consolidated experience as a core wealth-technology player, combined with the innovation of a FinTech thanks to cutting-edge technology and an in-depth knowledge of financial markets enables us to compete against the larger, multi-business players.”