FNZ, the global wealth management platform, has acquired New Access, a 
specialized private banking technology firm primarily active in the markets of 
Switzerland, Liechtenstein and Luxembourg. These markets are key to serving and 
administering client wealth globally and will support FNZ in delivering on its 
promise to open up wealth and serve the US$240 trillion global wealth market.

The strategic acquisition of New Access represents a further investment by FNZ 
into the growing private banking and cross-border wealth sector after a number 
of customer successes and the acquisition of the Swiss tech innovator Appway in 
February 2022.

Private banks are under significant pressure to adapt and scale offerings to 
their existing and new clients but are often constrained by legacy technology, 
complex delivery models and new regulatory requirements. FNZ is transforming 
the industry landscape with its full service, end-to-end wealth platform. 
Combining cutting-edge technology, infrastructure and investment operations 
into a single state-of-the-art platform, FNZ enables wealth managers to rapidly 
deliver personalized services and innovative wealth products.

Today, FNZ administers more than US$1.5 trillion in client assets on its 
platform for over 20 million clients worldwide and has created significant 
scale efficiencies that are directly passed on to its customers.

"FNZ's success has always been based on understanding the needs of our 
customers and providing them the solutions they need to grow their business. We 
are excited that FNZ and New Access are coming together to provide private 
banks and wealth managers with an unrivalled full service, end-to-end wealth 
management platform that will help them deliver significant operational 
efficiencies and improve the client experience." said Adrian Durham, CEO, FNZ 
Group.

"Both our companies have a shared vision to open-up wealth, empowering all 
people to create wealth through personal investment, aligned with things they 
care about the most, on their own terms. We are delighted to welcome the 
talented New Access team into FNZ."

With its 20-year track record and more than 200 engineers and product experts, 
New Access has successfully developed innovative and award-winning solutions 
for more than 60 private banks and wealth management firms.

Vincent Jeunet, CEO of New Access, said: "We are excited to be joining FNZ as 
we transform the industry and open up wealth together. Combining our solutions 
and expertise with the global strength, scale and commitment of FNZ to the 
global private banking market is a great opportunity for New Access and our 
clients."

"New Access customers will benefit from FNZ's significant investment and track 
record in the private banking sector that will help them to reduce operational 
complexity, generate significant efficiencies while freeing them up to focus on 
their client experience."

With now more than 200 local FNZ employees, Switzerland will become a key 
private banking competence center driving the further expansion within this 
vertical.

Eric May, Founding Partner of BlackFin Capital Partners, added: "Both New 
Access and FNZ are leaders in their fields and this is an exciting partnership. 
BlackFin has been proud to work alongside Vincent and the New Access team. 
Together, we have grown the New Access offering into a full core-to-digital 
banking suite and positioned the company as an alternative of choice to large 
incumbent players in the private banking and wealth management sectors in 
Switzerland and abroad. We believe this combined team and unrivalled solution 
set will help their customers accelerate their digital transformation. We wish 
them our best on the next step."

Today, FNZ operates in 21 countries and partners with over 650 financial 
institutions and over 8,000 wealth management firms to empower over 20 million 
people from all wealth segments, including savings and retirement, affluent and 
ultra/high-net-worth, to create wealth through long-term investment, aligned 
with things they care about the most, and on their own terms.

Terms of the agreement are not being disclosed. Deloitte, FIG Corporate Finance 
Advisory acted as exclusive financial advisor to FNZ, while CMS acted as legal 
adviser, in support of the transaction.

About FNZ

FNZ is the global platform provider in the wealth management sector, partnering 
with over 650 of the world's leading financial institutions and over 8,000 
wealth management firms. With over 4,500 employees in 21 countries, FNZ's 
mission is to open-up wealth, empowering all people to create wealth through 
personal investment, aligned with things they care about the most, on their own 
terms.

FNZ combines technology, infrastructure, and investment operations in a single 
state-of-the-art platform that frees its institutional customers to create 
hyper-personalized and innovative products and services that are seamlessly 
aligned with the needs of their clients.

To date, FNZ has enabled over 20 million people, from all wealth segments, to 
invest in an effective, simple, and transparent way, making wealth management 
accessible to everyone.

About New Access

New Access is a leading provider of a scalable and modular Core-to-Digital 
solution suite designed to meet the specific requirements of the private 
banking and wealth management industry.

New Access enables digital transformation and improves client satisfaction with 
its digital front-end solution, including an advisor cockpit, Client Lifecycle 
Management (CLM) and a client/EAM portal. Its offering also includes an 
advanced and comprehensive Core Banking System, a Portfolio Management System 
(PMS) and a powerful workflow engine (BPM).

New Access has been operating for over 20 years exclusively in the private 
banking and wealth management sectors, supporting more than 60 customers, 
globally.

www.newaccess.ch

About BlackFin Capital Partners

Focused on investing in financial services companies, fintechs and insurtechs, 
BlackFin is the European sector leader with €2.4bn assets under management.

BlackFin is currently investing from its €1bn Buyout III and €350m Tech 2 
funds, respectively targeting established financial services companies and high 
growth B2B fintechs & insurtechs.

Founded in 2009, BlackFin Capital Partners is an independent private equity 
firm led by nine partners who have worked together as managers and 
entrepreneurs in the financial industry for decades. The team has a total of 45 
professionals across offices in Paris, London, Brussels, and Frankfurt.

For further information, please visit www.blackfin.com.

FNZ contact details
Anna Dickens
E: anna.dickens@charlottestreetpartners.com
M: +44 7522 558917

Source: FNZ