Objectway, an Italian provider of investment management and digital software solutions for the financial services industry, has set up its new regional headquarters in South Africa.
Based in Randburg – Johannesburg, the office will cater to the firm’s wealth, investment & asset management firms in the region.
Objectway CEO Luigi Marciano said: “This new premises will enhance the business expansion in the South African region, where Objectway sees a significant increase in demand for advanced technology solutions in the financial services sector.
“The new office will represent a strategic hub for bringing innovation to the emerging wealth and investment management market and will allow us to closer support our customers.”
Objectway offers wealth and investment management solutions to banks and financial institutions in 15 countries within EMEA, South Africa and the Americas (Caribbean & Canada). The company has nine offices in Italy, the UK, Belgium and South Africa, and employs 600 staff.
Citing market studies, the company said that South Africa is one of the most growing countries of the continent in financial services, with HNWI wealth projected to grow by double-digit until 2020.