Source: Objectway
Objectway, Global Top 100 fintech provider of Digital Wealth and Asset Management software, acquired Die Software Peter Fitzon GmbH, a primary German provider of Core Banking solutions.
Objectway provides leading financial institutions with state-of-the-art technology to support their digital transformation programs, supplying front-to-back, intelligent and cloud-ready solutions that power up customer engagement, front-office productivity and back-office operational efficiency.
Die Software is a leading provider of Core Banking solutions in German-speaking Europe, with more than 35 years of market presence. Its platform fulfils the needs of prominent private banks, retail banks and central banks in the DACH area and in Luxembourg.
With this acquisition, Objectway complements and strengthens its Wealth and Asset Management offerings with a solid and comprehensive Core Banking platform. This creates an open, modular, end-to-end banking suite geared to support the digital transformation of private banks, retail banks, wealth and asset managers, further driving the future expansion in EMEA and globally.
As an EMEA leader in digital banking solutions, Objectway will now serve more than 200 clients in the region, boosting revenues in excess of €100 million.