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 29.4.2002 
Finantix acquires software suite for wireless financial services 

Venice, Italy, April 29, 2002 - - Finantix (formerly INFOservice) officially announced the acquisition of ETP, a wireless financial service software suite produced by the Finnish company Entirem.

ETP enables financial institutions to set up an effective multichannel investor portal supporting wireless devices such as GSM phones, smart phones and PDAs. Its software modules (security trading, enhanced wealth position, advanced alerting) employ J2EE-technology, assuring scalability, reliability and flawless integration with existing web services.

Key Entirem software developers have joined Finantix's Helsinki office empowering the company's core competence in wireless technology. The Helsinki team is currently working on several wireless solutions in collaboration with Nokia and IBM.

ETP was developed together in partnership with Entirem and is an integral part of Finantix's OneWealth solution and multichannel offering. It permits financial institutions to provide services anywhere at anytime, states Ralf Emmerich, CEO of Finantix. Wireless devices have already become a via for financial services. Their importance will grow as mobile phones and PDAs leverage truly high-speed networks.


About Finantix
Finantix develops software solutions that help financial institutions better service clients and increase sales.
Finantix specially supports retail banks and wealth management organizations with OneWealth, its flagship product. OneWealth is a proven suite of financial components designed to support client relationships and interactions, capture new clients and increase the loyalty of existing ones. OneWealth provides both relationship managers and clients with comprehensive functionality including: aggregation of a single client view, financially-focused CRM, personal financial planning and asset allocation, automated product advice, online investment and portfolio management, applications for loans and insurance products and personalized delivery of financial information. All functionality is coherently available across multiple channels. OneWealth is used by more then 35 clients world-wide.
All Finantix products are based on a state-of-the art implementation of the J2EE standards and architectures: this ensures high flexibility, scalability and reusability and guarantees excellent returns on investment along with reduced total cost of ownership. 
Finantix was founded in 1991 and currently employs about 100 experienced professionals. The company has offices in Helsinki, London, Los Angeles, Milan, Munich, Singapore and Venice.


For more information email sales@finantix.com or call +39 (0)41 2587 623

 
 
 
 

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