GVC Gaesco, key partner of FNZ global wealth management platform in Spain

21 Jul 2022

The partnership with the global wealth platform company is part of the global digital transformation strategy being developed by GVC Gaesco

  • The partnership with the global wealth platform company is part of the global digital transformation strategy being developed by GVC Gaesco, which will enable the company to launch a new Investment Services platform in 2023
  • FNZ, a global wealth management platform founded in 2003, is valued at over USD 20 billion and administers over USD 1.5 trillion in assets on its platform for over 20 million customers worldwide 

GVC Gaesco is reaffirming its commitment to strengthen the digitalisation process of investment services. As such, the Spanish financial group has signed a key partnership with FNZ, a leading global wealth management platform, under its unique platform-as-a-service model, to develop a new digital solution for Investment Services.

GVC Gaesco, has been working with FNZ to adapt the platform to the Spanish market and regulations, will have this new solution fully operational in 2023. The partnership with GVC Gaesco accelerates FNZ’s expansion into the Spanish market, and is part of the digital transformation process driven by CEO Enrique García Palacio since joining the company in 2019.

FNZ is the leading global wealth management platform which partners with over 650 large financial institutions and over 8,000 wealth management firms in 21 countries. Major international clients include Allianz, Barclays, BNP Paribas, Lloyds and Generali. Founded in 2003, the wealth technology company is valued at over USD 20 billion and administers over US$1.5 trillion on its platform for over 20 million customers worldwide.

Enrique García Palacio, CEO of GVC Gaesco, explains that "partnering with a world leader like FNZ shows the ambition for growth and digitalisation of the GVC Gaesco group. With FNZ, we will be able to deploy one of the most globally competitive investment platforms in Spain with all the advantages that this will bring."

The value proposition will extend to a complete and more advanced trading platform, which
will also feature a wide-open version of funds. The same platform will also include an advisory platform and will bring together different discretionary management models. The organisation's financial advisors and agents will be able to manage their customer relations with absolute efficiency and provide the highest quality of service.

Maria Àngels Vallvé, Founder and President of GVC Gaesco, points out that "GVC Gaesco is reaffirming its corporate strategy of being present in businesses related to personal finance. This is also true in investment banking, where it has become a benchmark in Spain for the mid-market, as well as in the asset management business, where it has managed to differentiate itself by creating signature funds that are far from conventional and highly appreciated by domestic and foreign institutional investors."

For his part, the founder and CEO of FNZ, Adrian Durham, explains that;

GVC Gaesco is a key partner for FNZ in Spain and we are delighted to be working with them to accelerate their digital transformation and deliver a market leading solution for the Spanish market. Both our companies have a shared vision, to open-up wealth, empowering all people to create wealth through personal investment, aligned with things they care about the most, on their own
terms"

Stay up to date on the latest news

20 Sep 2022

Aviva wins Aite-Novarica Group Impact Award for ESG Profiler

ESG Profiler wins Impact Award for Digital Reporting 2022

8 Sep 2022

FNZ to acquire specialist wealthtech provider DIAMOS to continue to open up wealth in Germany

The acquisition will strengthen FNZ’s global client proposition adding advanced product and service solutions to its existing end-to-end wealth management platform.

30 Aug 2022

FNZ accelerates North American growth and makes investment in new Boston office

FNZ accelerates its North American growth strategy as demand increases across the United States and Canada

1 Aug 2022

BNP Paribas Securities Services selected by FNZ for global custody, trade execution and settlement services

BNP Paribas Securities Services has been mandated by globalwealth management platform FNZ to provide global custody, asset servicing and transactional services in Germany and other European markets.

21 Jul 2022

GVC Gaesco, key partner of FNZ global wealth management platform in Spain

The partnership with the global wealth platform company is part of the global digital transformation strategy being developed by GVC Gaesco

20 Jul 2022

FNZ acquires Swiss private banking technology company New Access to open up wealth together

The acquisition represents a further investment by FNZ in the growing private banking sector and will increase its presence in the cross-border wealth centers of Switzerland, Liechtenstein and Luxembourg.

5 Jul 2022

Aviva and FNZ announce joint ambitions in sustainable investing

FNZ and Aviva confirm ESG Profiler developments

29 Jun 2022

FNZ leads Series-A investment in fintech start up Bondsmith, making active cash management more accessible to more people

FNZ, the leading global wealth management platform, has led a Series-A investment in Bondsmith, the fintech providing innovative cash management and savings solutions for the wealth industry.

28 Jun 2022

Why best-of-breed tech may not be best for business

Reflections on discussions at Private Banking & Wealth Management Switzerland