The Zurich business is dedicated to wealth management and insurance
- The acquisition intends to grow Finantix’s robotics, AI and cognitive technology capabilities.
- It will also bolster Finantix’s existing deep industry expertise with the integration of InCube’s team, many of whom graduated from ETH Zürich or HSG St. Gallen.
- The move comes at a time when the use of AI-powered tools is proliferating in financial services
What this means
As financial services institutions handle more data than ever before the market advantage lies in processing it in a timely and intelligent manner to generate actionable insights and personalised experiences.