FNZ acquires GBST after £150m deal
Its third acquisition in a month.
UK-based wealth and investment management firm Brooks Macdonald is believed to have scrapped its plans to implement a new wealth management system. The project was underway for some time, with domestic software developer Third Financial to deliver its Tercero platform, front-to-back office, to Brooks Macdonald.
Following an unsuccessful attempt to implement Third Financial’s Tercero platform and the subsequent market search, LGT Vestra has decided to keep its incumbent solution, JHC Systems’ Figaro. Figaro will continue to support front, middle and back office operations of the UK and Jersey-based wealth manager. The company was known as Vestra Wealth until recently. In […]