LONDON, July 18, 2018 /PRNewswire/ --
CREALOGIX, developer of software solutions for financial institutions, has been recognised for "Best Web Front End Solution" by judges of the 2018 Systems in the City Awards for fintech in banking and wealth management.
Judges at the 2018 Systems in the City Awards, organised by technology consultancy Goodacre UK, picked CREALOGIX as the winner of "Best Web Front End Solution", recognising their work developing new user interfaces and mobile apps in partnership with a range of leading wealth management firms.
According to Jo Howes, Commercial Director of CREALOGIX in the UK, competitive strengths of the award entry included both performance and design of the software: "What we've seen over recent years are several market leaders in wealth management pulling ahead of their competition thanks to modern design and customer-centric features in apps and online services for investors. We are proud to support these innovators with our wealth management products, so they can gain and keep a market position as digital leaders."
CREALOGIX's product range for wealth management includes wealth management portals, trading for both discretionary and execution-only investment services, and advisory solutions including robo-advisory.
Says Jo Howes: "We are talking a lot to wealth managers about the opportunity of serving younger generations of wealth management customers. Millennials are often not considered a target audience, but this is a misperception. Millennials are set to inherit more than $30 trillion from their Baby Boomer parents."
Earlier in the year, CREALOGIX won "Best of Show" at Finovate EU, an innovation-showcasing event for financial technology firms, exhibiting "Gravity", a mobile banking app designed to appeal to millennials with features such as touch-and-swipe based account navigation, integrated cryptocurrency valuations, and peer-to-peer payments with your contacts.
Headquartered in Zurich, Switzerland, CREALOGIX Group has operations in the UK with over 20 years' history, as well as 12 other global centres. In January 2018 the group announced an acquisition of Barcelona-based Innofis, a well-established digital banking supplier for the Middle East, stating the territory has high demand and growth potential.
Says CREALOGIX Commercial Director Jo Howes: "Over the last few years we've seen a huge uptick in the pace of change in digital banking, fuelled by open banking initiatives and regulations, and flourishing innovation from a worldwide ecosystem of FinTech developers. We are now seeing the same phenomenon coming to wealth management globally."
Continued Jo Howes: "At CREALOGIX we use the term WealthTech because we believe it's a big opportunity for the wealth management industry to embrace digital transformation as a matter of proactive investment and differentiation, rather than waiting to be disrupted."
The CREALOGIX Group is a Swiss Fintech 100 company and is among the global market leaders in digital banking. CREALOGIX develops and implements innovative fintech solutions for the financial institutions of tomorrow. Using digital solutions from CREALOGIX, banks, wealth managers, and other financial institutions can better respond to evolving customer needs in the area of digital transformation, enabling them to hold their ground in a very demanding and dynamic market and remain ahead of their competitors. The group, founded in 1996, has more than 700 employees worldwide. The shares of CREALOGIX Group (CLXN) are traded on the SIX Swiss Exchange.
To arrange an interview with the management of CREALOGIX Please call Dan Brown, CREALOGIX UK Media Relations, on +44(0)208-819-3170 or send an e-mail to: [email protected]