Wealthtech provider FNZ will offer its tech to South African fund management.
In Brief:
FinSwitch links market participants by enabling data flow between product providers and investment managers.
FNZ’s cloud based blockchain application will be used by FinSwitch’s clients.
This will enable trading, transfers, regulatory reporting and more.
What does this mean?
FinSwitch selected FNZ from a tender process and feels the solution will drive value due to reduced cost, complexity and risk.