Asset Servicing Industry News | Capco and AccessFintech partner for lifecycle management and benchmarking

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Capco and AccessFintech partner for lifecycle management and benchmarking

Global technology and management consultancy Capco has partnered with AccessFintech to improve the speed of adoption of workflows and change management through co-engineered solutions.

AccessFintech’s Synergy Network provides transaction lifecycle management insights and benchmarking across the financial ecosystem.

Under the mandate, Capco’s experience will accelerate the adoption and implementation of this technology.

By modernizing internal processes and systems, users — including bank brokers, custodians and buying houses — become more equipped to meet operational challenges and regulatory compliance, Capco says.

Commenting on the partnership, Owen Jeff, Partner and Global Head of Capital Markets at Capco, said: “Whether for regulatory, risk, efficiency or cost purposes, financial institutions are actively pursuing global transformation journeys to achieve an overall simplification of processes and a rationalization of their technological ecosystems.

“By bridging the gap between legacy and modern systems, innovative solutions like Synergy Network accelerate these journeys and deliver cost-effective, highly controlled rules-based process environments.”

Boaz Zilberman, Executive Vice President of Business Development at AccessFintech, adds, “Combining Capco’s industry-leading technology and operations change management and delivery expertise with our network and platform Synergy is an important accelerator of our customers’ operations and technology transformation.

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