Key takeaways
- With this transaction, Objectway will extend its direct presence in France, adding another leading financial centre to its current footprint in major European hubs such as Italy, Germany, Switzerland, Benelux and the UK.
- Objectway will expand its offering across the investment services value chain, adding capital markets capabilities to its existing proposition for wealth management, private banking and asset management.
- SLIB will also broaden Objectway’s client base with major European asset servicers, broker-dealers and banks, alongside strengthening Objectway’s long-standing relationships with shared clients such as BNP Paribas.
Objectway, the pan-European WealthTech solution partner for banking, wealth and asset management firms, today announced that it has entered into exclusive negotiations with BNP Paribas and Natixis, granting them the right to transfer their entire stake in SLIB (Services Logiciels d’Intégration Boursière), a trusted partner specialised in the development of dedicated software solutions for the capital markets sector, to Objectway.
The completion of the transaction remains subject to the satisfaction of customary conditions, including regulatory approvals and the finalisation of applicable information and consultation processes with the relevant employee representative bodies, and is expected to close by December 31, 2026.
About SLIB
SLIB (Services Logiciels d’Intégration Boursière) is a trusted technology partner to the capital markets industry. Founded in 1988 from the IT department of the Lyon Stock Exchange, SLIB has grown over more than 30 years into a specialised software provider serving 30 prominent customers through a team of more than 140 professionals based in Paris, Lyon and Lisbon.
SLIB has been trusted by major European asset servicers, broker-dealers and banks. This combination strengthens Objectway’s long-standing relationships with shared clients such as BNP Paribas, while expanding its footprint across additional leading financial institutions. It offers a portfolio of FinTech and RegTech solutions spanning end-to-end securities processing, retail brokerage and risk management. Complementing its software offering, SLIB also delivers a full range of professional services, helping clients implement, operate and continuously evolve their technology platforms.
Objectway’s platform today supports institutions across the distribution and manufacturing of investment services — from client lifecycle management, advisory and portfolio management, to core banking, securities back-office and fund administration — for wealth management, private banking and asset management clients across EMEA and Canada.
The acquisition of SLIB will extend Objectway’s coverage of the investment services value chain into the trading and execution layer of capital markets, adding front-to-back securities processing, clearing, settlement and risk management capabilities. Combined, the two businesses will support clients across the full financial services value chain end-to-end, reinforcing Objectway’s proposition for institutions seeking a strategic solution partner. The transaction will also broaden Objectway’s client base and operational footprint in France, while extending presence into the Iberian Peninsula through SLIB’s established hub in Lisbon, and creating opportunities for further strategic partnerships with international financial institutions across other leading European financial hubs.
Read the original article here.
