Israeli software firm Smashing Concepts has entered an alliance with the UK's Smartlogik plc, a provider of knowledge management products, to develop a new wealth management solution for high net worth individuals.
The new product, Finex, will enable financial advisers to automatically store, categorise and retrieve information about the vast number of financial products available in North America and Europe for high net worth clients, say the companies.
The partnership is partly funded by a grant from Britech, the trade organisation funded by the British and Israeli governments with the aim of fostering closer co-operation between companies in the two countries.