Software & Fintech

Bryan, Garnier & Co acts as Sole Financial Advisor to Indosuez Wealth Management on the acquisition of Wealth Dynamix

Wealth Dynamix is a multi-award winning financial technology provider.

In 2018 Wealth Dynamix was awarded the 5th fastest growing Fintech in Europe by the Financial Times and in 2022 the company was named Best Client Lifecycle Management Solution UK in the Wealth & Finance International Fund Awards. Underpinned by deep domain expertise, Wealth Dynamix specializes in the provision of cutting edge dynamic Client Lifecycle Management solutions to the world’s leading private banks and wealth management firms.

Increasing competition and significant M&A activity in the WealthTech sector has increasingly raised the need for leading players to have a broader and deeper market access to the growing global wealth management sector. Therefore, consolidation is increasingly driven by tie ups between smaller and larger players, therby ensuring that they are able to benefit from a combination of state of the art technology, global reach and product synergies.

Indosuez Wealth Management is the global wealth management brand of the Crédit Agricole Group and one of the global leaders in the Wealth Management space. The company has established a leading market position through its rapidly growing fintech subsidiary Azqore, which specialises in the outsourcing of Information Systems and the processing of banking operations for leading private banking and wealth management players.

The backing of Indosuez Wealth Management, one of the world’s leading wealth management companies, will enable Wealth Dynamix to accelerate its development and benefit from the Crédit Agricole Group’s scale and stability, while maintaining its independence and agility. Furthermore, this acquisition will also strengthen Azqore’s position in the outsourced banking services’ market while complementing its platform in a key area of client relationship management.

Bryan, Garnier & Co acts as Sole Financial Advisor to Indosuez Wealth Management on the acquisition of Wealth Dynamix.

Bryan, Garnier & Co assisted Indosuez Wealth Management with end to end transaction and board level support including valuation, financial modelling, price negotiations, coordination of cross border due diligence efforts, transaction documentation and process management, as well as providing continuous transaction and market relevant intelligence insights.

This marks another important transaction for Bryan, Garnier & Co’s rapidly growing Fintech practice and is a further demonstration of its expertise in the WealthTech and Fintech sectors. Bryan Garnier was mandated by Indosuez to advise on this transaction due its longstanding relationship with the Credit Agricole Group, which included acting as advisor on acquisition of Linxo Group, and Bryan Garnier’s cross border transaction focus. Notable recent FinTech transactions by Bryan Garnier include the sale of kompany to Moody’s, the sale of Horizon Software to Sagard, the sale of Sword GRC to TA Associates and the acquisition of the neobank Shine by Société Générale Group.

This transaction marks Bryan Garnier’s seventeenth software transaction in the past 12 months and firmly demonstrates its position as one of the leading European mid-market technology advisors. Recent landmark transactions include the investment of Carlyle in Groupe Lacour, the acquisition of MailInBlack by Apax & New Alpha, and Bridgepoint Development Capital’s investment in CAST Software.

Founded in 2012, Wealth Dynamix solves key Client Lifecycle Management (CLM) challenges with intelligent technology. Its award-winning CLM platforms eliminate friction and inefficiency throughout the client lifecycle, ensure compliance and digitise client journeys. Its solutions orchestrate journeys throughout the client lifecycle and significantly enrich client experience.

Wealth Dynamix offers two CLM options. WDX1 is a robust, adaptable CLM solution that addresses the complex CLM requirements of large private banks and the wealth and asset management divisions of global financial institutions. CLMi is a cost-effective, cloud-based SaaS CLM solution ideally suited to mid-size discretionary fund and investment managers wanting out-of-the-box ease-of-use, rapid deployment and hassle-free maintenance.

Indosuez Wealth Management is the global wealth management brand of the Crédit Agricole Group, the 10th largest bank in the world by balance sheet. Renowned for its combination of a human scale and a truly international reach, Indosuez Wealth Management has nearly 3,000 employees in 10 regions around the world, in Europe, Asia-Pacific and the Middle East.

Azqore is a digital service provider specialising in Information System outsourcing and banking transaction processing for the wealth management industry. For nearly thirty years, Azqore has been providing innovative solutions to transform, digitalise and improve the experience of private bankers’ clients.

Azqore is a subsidiary of Indosuez Wealth Management and thanks to the support of its second shareholder, Capgemini, a world leader in consulting, technology services and digital transformation, Azqore combines banking DNA with a technological approach.