SINGAPORE, October 10, 2022 – Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Best Wealth & Investment Technology Company’ award at the Wealth & Investment Summit & Awards 2022, for the MFund Plus™ Investment Management Suite, its flagship software product for capital markets.
The award was formally presented on 27 September at a glittering ceremony in Dubai that saw huge participation from leaders in the wealth management industry across the GCC and the wider Middle East regions.
The prestigious awards program organized by MEA Finance, the region’s only banking and finance media brand, honors the most outstanding companies for their relentless pursuit of digital-first approach and recognizes key industry stakeholders, including technology providers in the Middle East and Africa for their achievements, product innovation, and leadership in safeguarding and protecting the financial wellness of private individual investors and family offices.
‘The Best Wealth & Investment Technology Company’ award was bestowed upon Azentio for harnessing technology enabling the provision of greater opportunities for wealth offices and institutions to expand their clients’ businesses through digitally-enabled investment services.
MFund Plus™ is a single unified system, powered by AI, advanced analytics and robotic process automation, to support the end-to-end investment life cycle. The solution encompasses a robust engine with cognitive capabilities which can help clients analyse various structured and unstructured data and generate meaningful insights. It is backed by a state-of-the-art software delivery system which follows industry best practices in line with CMMI, covering support and maintenance services. MFund Plus™ has a wide base of clients across Asia, who collectively manage over $500 billion in assets using our platform.
Tony Kinnear, Chief Executive Officer of Azentio, commented, “We are honoured to win this prestigious award from MEA Finance. Having served the region’s sector for years, we know that wealth managers and private banks need a strong partner that can manage the end-to-end complexity of their banking and wealth operations, allowing them to focus on delivering a unique customer experience. Azentio offers an omnichannel wealth management software built on modern technologies to make growth frictionless for both wealth managers and end investors. This award is a testimony to the trust we have earned over the years and our commitment to our clients’ success.”
Kenneth Mitchen, Executive Director and Publisher of MEA Finance, confirmed, “Azentio’s support for the regional wealth management sector has been exemplary. The company continuously invests in their state-of-the-art platform which enables their clients to deliver innovative products and services that are seamlessly aligned with the needs of the market. This award highlights the strength and depth of their all-in-one MFund Plus™ software powered by unified data aiming at improving client experience and at meeting the challenges of the wealth management sector, thus reshaping the way advisors engage with their customers.”
The recent accolades won by Azentio in the wealth management space include ‘Best Platform for RegTech’ at the WealthBriefingAsia Awards 2022, ‘Best Investment & Fund Management Implementation for the Most Impactful Project’ at the IBS Intelligence Global FinTech Innovation Awards 2021, and ‘Key Solution Provider’ for multiple categories at The Wealth Mosaic’s APAC WealthTech Landscape Report (WLTR) 2021.
About MEA Finance
As the region’s only banking and finance media brand, MEA Finance provides dedicated news, features, data and updates on the unprecedented and accelerating changes taking place in the Middle East and Africa’s capital markets. MEA Finance’s articles, events and data are accessible across many platforms – digital, online, print, webinars, virtual and in-person events, awards, memberships and polling.