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.