News

FINARTIS Wins 2023 Global Award for Best Wealth Management Software Solutions

Lausanne, Switzerland, June 6^th 2023 – A panel of judges for Capital Finance International (CFI) has declared FINARTIS’s Prospero as the global winner for Best Wealth Management Software Solutions for 2023.

CFI, based in London, carries out its annual award programme with the goal to identify and reward excellence wherever it is found. Its panel of judges review information generated during the nomination process and draw on its members’ expertise to identity candidates deserving of recognition. CFI brings into focus the critical eye of a combined 170 years of business leadership and experience in financial journalism to make informed award decisions. Their committee is keen to reward overall performance without allowing any sort of bias or giving undue weight to reputation in its methodology.

The “Global Award for Best Wealth Management Software Solutions” for FINARTIS recognized that its Prospero solution “allows its clients to streamline operations and realize cost savings—both welcome benefits in a market where inflation and other pressures continue to threaten profit margins.” The judges also reported that Prospero, by automating middle- and back-office operations, frees up the front office to focus on superior customer service.

José Da Costa, Director of Operations at FINARTIS, says “We are happy to see our efforts be recognized by the Finance sector and CFI. FINARTIS will always stay committed to provide the best service and products to our clients.”

For more information on Capital Finance International (CFI), visit cfi.co.

ABOUT FINARTIS

FINARTIS is a leading Swiss software publisher helping Private Banks, Family Offices and Asset Managers worldwide serve their clients better. FINARTIS’s out-of-the-box digitally enhanced investment management solutions implement fast and securely. They help improve front office productivity to bring more value-added services to clients while reducing operating costs through intelligent, automated straight through processes and real time accounting of all operations. FINARTIS’s flagship product, Prospero Suite, is an integrated suite of financial applications dedicated to Wealth Management.

For more information, visit www.finartis.com.

FINARTIS Showcases Digital Transformation Solutions at TOAP 2025 Convention as Platinum Sponsor

FINARTIS was honored to serve as a Platinum sponsor at this year’s Trust Officers Association of the Philippines (TOAP) Annual Convention, held from February 21-23, 2025, at the SEDA Lio Estate in El Nido, Palawan. This premier banking technology event brought together leaders in wealth management technology and trust banking solutions.

TOAP, established in 1964, is one of the Philippines’ oldest professional associations in the financial industry, uniting banks and investment houses licensed by the Bangko Sentral ng Pilipinas to perform trust, investment management, and other fiduciary functions.

Advancing Trust Banking Technology in the Philippines

Our Director of Operations, José Da Costa, delivered a keynote address at the event, sharing insights into FINARTIS’s journey through experience, automation, and innovation. His presentation highlighted our commitment to advancing the digital transformation in banking and investment management industry through AI-powered financial solutions and automated wealth management platforms.

Prospero Suite: Next-Generation Trust Management System

The presentation showcased our core banking system innovations including:

• Cloud-based banking solutions for maximum flexibility and scalability
• AI-driven portfolio management through our ARTIE technology
• Regulatory compliance automation for IFRS and PFRS standards
• Financial data analytics for enhanced decision-making

Continuing Innovation in Financial Technology

To explore the exciting developments in fintech innovation shared during the convention and learn more about our digital banking transformation solutions, we invite you to visit the link below.

https://www.linkedin.com/company/finartisfintech/

Newsletter

As we tread into the new year, we would like to take this opportunity to share with you some achievements and exciting news we had in the past few months.   

• Business Operation

This year we are launching a new business operation service for our clients. With this service, our dedicated staff can take charge of all the operation burden of our customers such as transaction entry, monitoring of custodian banks interfaces and recording of daily valuations and price.

• Reporting
  Extraction and presentation of data has always been an important part of our client’s day to day activities. We are happy to announce that we now have a dedicated team for high quality custom reports development. They already developed and delivered several complex reports tailor made based on client requests.
• Prospero V7 Upgrade

We have successfully upgraded 2 existing clients to the latest version of Prospero (1 large bank and 1 family office). Both are already in production and the end-users’ feedback is very positive–They found great added value to their day-to-day activities and the new features/reports are very intuitive.

Our main objective is to have all existing clients moving to the new Prospero v7, and allow them to enjoy all the new capabilities to improve their user experience on the main system–such as on the new interactive blotters and Web Mobile applications.

You can find more information about the new capabilities of Prospero V7 in the presentation attached, as well as a glimpse of what will come in the next versions of Prospero.

Existing clients already planned their own upgrade in 2023 and we will be happy to welcome other clients. We will share more exciting news on a regular basis.

The Finartis Team

FINARTIS ranks 2nd in private banking and wealth management sales for 2020

Tolochenaz, Switzerland, August 3rd 2021 – With the accelerating digitization among banks, IBS Intelligence, an independent publication covering the financial technology industry, has released the findings of its latest Sales League Table which showed growing momentum in the adoption of digital banking solutions.

IBS reviewed over 2,073 deals closed by 60 vendors catering to different segments of the financial industry and FINARTIS ranked 2nd among 19 vendors in the private banking and wealth management space based on sales for full year 2020.

Robin Amlôt, Managing Editor of IBS Intelligence, said “FINARTIS has had another year of exemplary performance in the IBSI SLT 2021 in the category of Private Banking and Wealth Management Systems. IBS Intelligence Sales League Table (SLT) 2021, the leading global barometer of supplier performance since the last 20 years has also recognized FINARTIS for its consistent performance by featuring it in the new constituted IBSI LeaderBoard of Private Banking and Wealth Management Systems.”

“To retain our place in the top 3 leading positions for the 3rd consecutive year in the prestigious IBS Sales League Table is a great recognition of our achievements. I would like to thank our customers and partners for their trust and confidence in Prospero,” said Jean-Luc Freymond, CEO of FINARTIS.

Valsoft Acquires Finartis and Enters the Wealth Management Vertical

MONTREAL, May 3, 2021 – Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Finartis, a leader in wealth management software, headquartered in Switzerland. Finartis is committed to the development of high-quality software solutions.

Jean–Luc Freymond, CEO of Finartis, is extremely proud of the company that he helped grow over the years and is excited about its future with Valsoft: “We are very proud of what we’ve accomplished to date, establishing our flagship product Prospero as an award-winning solution with impressive success over the past years. We realized we needed a partner to help us unleash our untapped growth potential fast and immediately felt that Valsoft was the right one from a cultural and goals alignment perspective.” said Jean–Luc Freymond. Jean–Luc will remain on board with the team and ensure a smooth integration into Valsoft. The company will continue to provide excellent support and a robust software solution to customers.

“A step in the direction we’ve been striving towards recently given our insight into the industry, Finartis is a natural fit for us and will offer a seamless integration into the Valsoft family. The team, culture and leadership are well aligned with our existing values, which has also made this transaction seamless. Portfolio Management is a vertical we have extensive insight into given our team’s experience and believe this is the best entry into the vertical which we will continue to build and expand. We are excited to grow our presence in the sector through this acquisition” said Sam Youssef, CEO and Co-Founder of Valsoft.

About Valsoft:

Valsoft acquires and develops vertical market software companies, helping each business to deliver the best mission-critical solutions for customers in their respective industry or niche.

Valsoft was represented internally by David Felicissimo, Pamela Romero and Jessica Modafferi and external counsel Michael Baier of Wenger & Vieli Ltd.  Finartis shareholders were represented by Patrick Couasnon of CG Partners.

A key tenet of Valsoft’s philosophy is to invest in well-established businesses and foster an entrepreneurial environment that molds a company into a leader in its respective industry. Unlike Private Equity and VC firms, Valsoft does not have a pre-defined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management.

For more information about the companies, please visit:  https://www.finartis.com/ and https://www.valsoftcorp.com/

Prospero crowned “Best Client Communications Solution” at The Wealthbriefing Swiss Awards 2021

Geneva, Switzerland, February 5^th 2021 – Prospero Wealth Management won the “Best in Client Communications Solution” award from the Eighth Annual WealthBriefing Swiss Awards 2021 on 4^th February. WealthBriefing, published by ClearView Financial Media, is the leading subscription-based business intelligence service for the wealth management community and the supporting publication for the Awards. Conducted by expert panels drawn from both private banks and trusted advisors/consultants to the sector, independence, integrity and genuine insight were the watchwords of the judging process. The awards recognize the very best operators in the private client industry that truly reflect excellence in wealth management.

The “Best in Client Communications Solution” award recognized that FINARTIS’s Prospero solution placed so much emphasis on mobile first and on customization for clients and advisors. The judges were also impressed with Prospero’s flexible data integration platform. Jean-Luc Freymond, CEO of FINARTIS says, “At FINARTIS, we’re dedicated to helping Wealth Managers serve their clients better. Digital collaboration is more important than ever and being recognized as best in class by the respected WealthBriefing organization in the Client Communication means a lot to us. We have great esteem for WealthBriefing’s research work and the high standards they set for the industry.”

ABOUT CLEARVIEW FINANCIAL MEDIA LTD (“CLEARVIEW”)

ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community.  London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.

For more information, visit www.wealthbriefing.com.

ABOUT FINARTIS

FINARTIS is a leading Swiss software publisher helping Private Banks, Family Offices and Asset Managers worldwide serve their clients better. FINARTIS’s out-of-the-box digitally enhanced investment management solutions implement fast and securely. They help improve front office productivity to bring more value-added services to clients while reducing operating costs through intelligent, automated straight through processes and real time accounting of all operations. FINARTIS’s flagship product, Prospero365, is an integrated suite of financial applications dedicated to Wealth Management.

For more information, visit www.finartis.com.

MATIMPEX Family Office is live with Prospero

Lausanne, December 1st, 2020 – Matimpex, a family office located in the middle-east, is live with Prospero Family Office to support them to streamline and automate their back office with advanced custodian interfaces and to maximize the services it offers to its clients. Prospero is the market-leading solution for financial institutions and Private Banks. Our Family Office Suite enables them to efficiently and effectively manage all aspects of their operations, thereby increasing transparency, mitigating risk and lowering costs.

Based in the Middle-East, Matimpex is an independent, family-owned investment advisory office with a focus on asset management. The firm provides its customers with a wide range of discreet advisory services across investments, accounting, taxation, family governance, succession planning and philanthropy. It places an emphasis on tailored solutions for each of its clients. Matimpex guarantees clients’ interests and needs satisfaction using an active and autonomous investment strategy based on its own research and external expert’s sources. 

Baby Pallipadan, Head of the Family Office reports “We work with several banks and, as we grew, gathering accurate data from all these counterparts in a disciplined manner was becoming a problem. Prospero, which is plugged into our counterparts back offices, enables us to get a booking system which is updated automatically and on a daily basis. Prospero avoids spending time and reduces mistakes related to manual entries. Prospero is also a user friendly application used by all staff. We use it for booking and verification purposes, generating consolidated reports for our clients as well as monitoring their positions.”

Prospero 365’s Family Office solution has enabled Matimpex to respond to all their client’s needs. This offering includes everything to entirely satisfy his customers from a full suite of alternative investment products and fully automated value chain processes to a 360° overview of client portfolios, sleek reports and concise valuations. In addition, Matimpex will gain access to Prospero’s third-party providers and partners. Combined, this suite of services enables Matimpex to focus on strategy, investment performance, profit and loss analysis and delivering value for its clients

Jean-Luc Freymond, CEO for FINARTIS SA, states that “Software is all about simplifying complex business situations and environments. Prospero Family Office provides our customers with the expertise, insight and independence that enables them to shape the future of their enterprise and easily deal with the responsibilities that come with managing a very diversified asset pool for demanding clients.”

ABOUT FINARTIS

FINARTIS is a leading Swiss software publisher and an entirely self-financed company, which was founded in 1986. We serve customers all over the world from our offices in Europe, Asia-Pacific and the Middle East. We design and develop high-quality, multi-channel front-to-back office solutions for private banks and financial institutions such as wealth management firms, family offices and fund management firms.

FINARTIS offers out-of-the box digitally-enhanced client relationship solutions designed for fast and simple implementation. Improve front office productivity to bring more value added services to clients. Our team of finance and technology experts works closely with our clients to understand their needs and create a flexible, cost effective and efficient solution, which enables ever more complex financial operations.

Prospero, our main product, enables our customers to reach excellence through intelligent, automated straight-through processes. Our solution is an integrated suite of dedicated financial modules. It comes with a full range of front-, middle- and back-office features. Its modules are delivered to the client ready-to-market, easy to set up and user-oriented. This allows users to focus on the areas where they can add most value: strategy, investment performance and strong client relationships.

Prospero wins “Best in Transaction Processing Solution” for Wealth Management award

Lausanne, Switzerland, November 10^th 2020 – Prospero won the “Best in Transaction Processing Solution” award for Wealth Management in the Seventh Annual WealthBriefing MENA Awards for Excellence 2020 held at the Sofitel Dubai Downtown in Dubai, United Arab Emirates last 9^th November.

WealthBriefing, the leading subscription-based business intelligence service for the wealth management community, is the supporting publication for the Awards. As in previous years of the Awards, independence, integrity and genuine insight were the watchwords of the judging process. They drew the panels of judges from both private banks and trusted advisors/consultants to the Wealth Management sector who made the final decision based on feedback and their extensive knowledge in the MENA region for over 16 years.

The “Best in Transaction Processing Solution” award recognized that FINARTIS’s Prospero solution offers a unique combination of streamlined processes across a very wide range of activities from client onboarding, with automated KYC and AML checks. The judges were impressed with Prospero’s rule-based workflows which automate front to back office activity on all asset classes including traded instruments, derivatives, FX, loans, deposits as well as alternative investments.

Jean-Luc Freymond, CEO of FINARTIS says, “At FINARTIS, we’re dedicated to helping Wealth Managers be more efficient by offering affordable smart software solutions. Being recognized as best in class by the esteemed WealthBriefing organization is a strong affirmation of the value our team is bringing to the industry. We thank WealthBriefing’s editorial team for their thorough research process and precious contribution to the wealth management community.”

ABOUT WEALTHBRIEFING

WealthBriefing is the leading subscription-based business intelligence service for the wealth management community, with the latest news, analysis and in-depth features from around the globe.

Subscribers are part of an international network for whom staying abreast of the latest industry developments is a crucial part of their professional lives. Members of the network find our content on topics such as wealth strategy and planning, industry M&A, evolving business models in the light of technological innovations, important people moves, investment management trends and asset allocation techniques to be an essential resource in a fast-moving world.

Our global editorial team is dedicated to providing subscribers with exclusive news and insight, meaning that WealthBriefing readers are often the first to see the headline news affecting their industry.

Nowhere else can wealth managers access such a breadth and depth of business intelligence covering this sector.

For more information, visit www.wealthbriefing.com.

ABOUT FINARTIS

FINARTIS is a leading Swiss software publisher helping Private Banks, Family Offices and Asset Managers worldwide serve their clients better. FINARTIS’s out-of-the-box digitally enhanced investment management solutions implement fast and securely. They help improve front office productivity to bring more value-added services to clients while reducing operating costs through intelligent, automated straight through processes and real time accounting of all operations. FINARTIS’s flagship product, Prospero365, is an integrated suite of financial applications dedicated to Wealth Management.

For more information, visit www.finartis.com.

FINARTIS recognized as IBS Intelligence SLT Star

Lausanne, Switzerland, June 22nd 2020 –The annual Sales League Table report, considered the global industry barometer ranking leading banking technology suppliers, was released by IBS Intelligence, an independent publication covering the financial technology industry.

After a review of systems purchases made by over 1,700 banks across 240 products from 62 suppliers in 2019, FINARTIS emerged as IBS SLT’s star in the Private Banking & Wealth Management space. The Star is given to vendors who demonstrated outstanding performance compared to their direct competitors during the year.

Jean-Luc Freymond, CEO of FINARTIS says, “Our top ranking in the prestigious IBS Sales League Table is a confirmation of the growing demand for our Prospero solution. We thank IBS for their important contribution as one of the most respected analysts in our field and we thank our clients for allowing us to be awarded a top position for the sixth consecutive year.”