
Sun 28 February 2021
Technology fuels meaningful pensions engagement
Adrian Durham, chief executive and founder of FNZ, reveals how a more digital experience…
FNZ, the global platform-as-a-service provider, has completed the acquisition of Irish Progressive Services International (IPSI), a leading third-party administration (TPA) solutions provider, from Irish Life. This follows the initial announcement of the deal in February.
The acquisition will reinforce FNZ’s pan-European strategy and support its growing customer base across the continent.
Established in Dublin in 1998, IPSI offers end-to-end TPA solutions to deliver a range of professional support services to the life insurance and pensions industry. These cover client migration on IPSI’s systems and processes, ongoing business operations administration and technology services, and servicing client change and development needs.
IPSI currently employs more than 250 people and services more than €30 billion in assets under administration (AUA).
Adrian Durham, chief executive of FNZ Group, commented: “We are pleased to have completed the acquisition of IPSI. This marks the next step in FNZ’s European growth strategy and provides us with considerable oversight and operational TPA experience.
“Bringing together IPSI’s solutions and FNZ’s core technology will further enhance the service we offer to both existing and new customers and allow us to capitalise on the significant global opportunities we see in the market.
“We welcome our new colleagues to the evolving FNZ Group and look forward to working closely with the management to develop the inherent potential in the IPSI business.”
James Parker, CEO, IPSI, said: “We are delighted to formally join the FNZ Group and are excited about the next chapter of our development. Leveraging FNZ’s technology solutions will benefit our existing clients and policyholders and allow us to explore new opportunities in growth markets.”
Sun 28 February 2021
Adrian Durham, chief executive and founder of FNZ, reveals how a more digital experience…
Mon 25 January 2021
As the new year arrives amidst a time of resolutions and challenges, we find ourselves…
Mon 16 November 2020
The acquisition supports FNZ’s long-term strategy of expanding the accessibility…
Wed 08 July 2020
Shifting consciousness from how we spend our money to how we save our money could…
Tue 07 July 2020
The new venture will combine the custody expertise of State Street with the international…
Wed 01 July 2020
ebase have confirmed that they have agreed to acquire the entire securities business…
Thu 21 May 2020
FNZ, the global platform-as-a-service provider, has signed a deal with FinSwitch…
Wed 13 May 2020
More than ever, the relationship between business, the environment and society is…
Wed 22 April 2020
With Covid-19 changing that way that the world works, the reality is that these shifts…
Tue 25 February 2020
Innovation distinguishes a leader from a follower – but how do you innovate successfully…
Mon 10 February 2020
The acquisition reinforces FNZ’s pan-European strategy
Mon 10 February 2020
Temasek’s investment adds a further high profile investor and enhances FNZ's reach…
Sign up to receive regular news and insights from us on both what's happening at FNZ and within the industry.