Agility as a business
27th October 2022 – Kurt Vanhee, together with Objectway’s partner EBRC, deepens on Agility & Cloud in this interview for the EBRC 20th anniversary book.
Objectway is a leading global financial technology firm with its new-generation software solutions for the wealth management, asset management and banking industries.
Objectway’s story has started in Italy and have since grown organically and via acquisitions. As well as Milan, there are regional headquarters in Brussels, Dublin, Munich, Zurich and in London. Our revenues are about €100 million per year, counting a workforce of more than 800 people.
Thank to our well-established track record in the financial industry, we pursue to deliver the most suitable solutions to our clients, ensuring efficiency and flexibility.
What is Objectway’s value proposition?
We are a FinTech soFtware provider that offer Front-to-back solutions and enable the digitalisation of the investment service processes of wealth managers, asset management and banking institutions, providing a suite oF tools From the client portal with its rich Functionality through to back-office systems that process and settle transactions, to mention a few. With its new-generation sotware solutions For the wealth management, asset management and banking industries, Objectway is a leading global financial technology firm. The Objectway group can be a one-stop-shop For Private Banks, Wealth Managers and Asset Managers, or can integrate its proposition with the customers’ Core Banking systems.
How important is the cloud to your strategy?
An additional advantage is that these solutions are also provided as a service via the cloud, so that players oF any size have access. Our clients range From small Family offices managing the assets oF a handFul oF wealthy individuals through to major players who have more than 1,000 users on the system. The client can run our solutions in-house or they can ask us to host it. Over two-thirds oF clients choose this outsourcing option, as it enables firms to control and reduce costs, but also enhance efficiency and flexibility, with cloud being the main enabler to complete a smart digital transFormation journey. We have been working together with EBRC For a long time. Not only do they provide us with the secure, certified technical support we need, but we also wanted our data to be held in Luxembourg with its respected regulatory Framework that guarantees our clients the data security they need. We use this relationship as a selling point For our services. Our cloud-ready solutions leverage a component-based open APIs architecture to easily integrate with third party systems and within the IT inFrastructure oF clients.
How has the company grown?
We started in Italy and have since grown organically and via acquisitions. As well as Milan, there are regional headquar- ters in Brussels, Dublin, Munich, Zurich and in London. Our revenues are about €100 million per year, with us having a workForce oF more than 800 people. Most work in Italy, with over 100 each in the UK and Germany, and about 70 in Belgium. Our market is global, with more than 200 clients in over 15 countries in Europe, North America and Africa.
What are your ambitions?
The success of our customers’ digital transFormation programs is ensured by our set oF Front-to-back, open and cloud-ready solutions that enable digital customer engagement, custo- misation and time-to-market oF products and services, Front-office productivity, back-office operational efficiency, enabling revenue increase and cost reduction For long-term growth. Objectway has a well-established track record in the finan- cial services industry. We are keen to broaden the spectrum oF our Functional coverage and to Further strengthen our position as a key player in the financial services soFtware industry in the EMEA region and globally. Looking ahead, we aim to widen our geographical scope, driven by our proven strategy that combines organic growth and acquisitions.
Over two-thirds of clients choose this outsourcing option, as it enables firms to control and reduce costs, but also enhance efficiency and flexibility, with cloud being the main enabler to complete a smart digital transformation journey.