UniCredit Chooses FNZ to Revamp Their Securities Services
In a significant move, FNZ and UniCredit, one of Europe's largest commercial banks, have entered into a long-term strategic partnership. This collaboration is set to extend FNZ's presence in Europe and support the growth of UniCredit, serving more than 15 million customers across several European countries.
Under the terms of the agreement, UniCredit will implement FNZ's cloud-based post-trade securities platform to standardize its operations. The platform, delivered on a SaaS basis, will provide a secure, flexible, and cost-effective way to manage securities and custody services for UniCredit.
This partnership is a testament to the trust FNZ's business has earned from more than 650 financial institutions globally. Roman Regelman, Group President of FNZ, expressed his excitement about partnering with UniCredit, emphasizing the mission to transform the industry through technology.
The partnership aims to evolve UniCredit's securities services offering, centralizing its back-office functions, and accelerating innovation. UniCredit is implementing FNZ's post-trade securities platform to enhance operational efficiency and streamline its operations.
Kwok Wong, the FNZ Group president associated with the UniCredit partnership, looks forward to working closely with the UniCredit team. The adoption of FNZ's technology is intended to provide UniCredit with a modern and efficient platform to manage its securities and custody services.
The partnership is another endorsement of FNZ's business model and the strength of its technology. Roman Regelman, Group President of FNZ, emphasized that the partnership aims to help financial institutions modernize and improve their operations. This partnership is expected to accelerate innovation at UniCredit, positioning it for future growth and success.
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