A cooperation between EXL [NASDAQ: EXLS], a top provider of data analytics and digital operations and solutions, and Empaxis, specialists in middle- and back-office operations for wealth and asset managers, was recently announced. This alliance will enable both companies to extend their wealth management solutions offerings by combining the significant middle- and back-office knowledge of Empaxis with EXL’s established data, analytics, and digital operations skills.
Empaxis and EXL both have decades of specific experience when it comes to assisting wealth managers in increasing productivity, automating laborious operations, and reducing wasteful expenses. The companies will collaborate to create products and offerings that would aid wealth management organisations in automating their back- and middle-office processes.
“We are eager to collaborate with EXL. They make a great partner “says Empaxis’s CEO and founder, Stephen Van de Wetering. “We can provide enterprise-scale, international wealth managers with our highly devoted and effective middle- and back-office services by combining our efforts. Clients in this field will benefit greatly from our relationship.”
According to Narasimha Kini, executive vice president and head of EXL’s Emerging Business, “working together with Empaxis, we are able to provide the wealth management industry with the right combination of cutting-edge technology, data-led operational improvement solutions, and human ingenuity to transform their businesses.” We can provide our clients end-to-end support services that will help them streamline their operations and gain a competitive advantage by uniting our two firms, we can say.

Source: Prnewswire