Objectway, a leading provider of investment management and digital software solutions to the worldwide financial services industry, announced the opening of their new regional headquarters in South Africa.
The new office is based in Randburg – Johannesburg and will serve wealth, investment & asset management firms in the region, where Objectway has already established its business with two major clients.
Founded in 1990, Objectway has grown steadily and has broadened its client base across EMEA, Canada and Central America. “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,” affirmed Luigi Marciano, CEO of Objectway. “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.”
According to various market studies, South Africa is one of the most growing countries of the continent in the financial services industry, with an expected double-digit increase in HNWI wealth until 2020.
As wealth continues to increase, the emergence of new and younger investors will require firms to adopt effective and digitally enabled wealth management solutions, while compliance with the increasing regulatory framework will call for investments in compliant future-proof technology.