Italian wealthtech Objectway appoints head of UK and Ireland
Italian wealthtech Objectway has appointed Hassan Suffyan as managing director for the UK and Ireland.
Suffyan joins from Ernst & Young UK, where he was head of the wealth technology practice, and brings over a decade of wealth and private banking experience. He also previously worked for Coutts Private Bank as a director in wealth and asset management delivery.
Objectway says it has experienced “a significant growth” in the UK region and this market is “pivotal” in the development plans of the wealthtech.
“I have been thoroughly impressed by Objectway’s product offering, culture and, most importantly, people,” Suffyan comments on his appointment.
Headquartered in Milan, Objectway has been providing technology and services to the private banking and wealth/asset management sectors for over 30 years.
With over €100 million of consolidated revenues, Objectway employs 800+ people operating from Italy, UK, Belgium, Germany, Switzerland, UAE and Ireland.
It has been growing across Europe via M&A over the last decade. In 2014, it entered UK with the acquisition of 3i Infotech’s business (the Rhymesight, Fiscal and Altimis solutions). In early 2019, it bought Italian asset management software firm Algorfin. And last year, it acquired German banking tech provider Die Software Peter Fitzon.
It now claims 200+ banks, wealth managers, asset managers and insurers as clients across 15 countries.