Wealth management platform FNZ has entered into a five-year global strategic partnership with Microsoft to advance the wealth management sector through technological innovation and AI-driven solutions.
This collaboration merges FNZ’s expertise in wealth management and its global presence with Microsoft’s capabilities in AI, cloud infrastructure, and engineering.
The integration of Microsoft Azure AI Foundry into FNZ’s platform is expected to enhance interactions among financial institutions, advisors, and clients, providing more tailored and efficient digital wealth management experiences.
FNZ anticipates that this partnership will enable quicker market introductions of new solutions, improve client outcomes, enhance advisor productivity, and foster innovation within the industry.
Microsoft worldwide financial servicescorporate vice president Bill Borden said: “Together, we are not just upgrading technology. We are setting a new standard for how wealth management is delivered.
“Partnering with Microsoft further advances our mission to open up wealth, by making investing more accessible to more people worldwide.”
The collaboration aims to enhance the advisor and investor experience by integrating Azure AI Foundry capabilities and improving data analytics applications with Microsoft Fabric.
It will also engage joint engineering initiatives to develop innovative digital wealth solutions.
Additionally, FNZ plans to implement Microsoft 365 Copilot and intelligent agents to streamline operational processes.
The partnership will also involve coordinated global marketing initiatives and participation in industry events to promote modular wealth solutions through various channels, including the Microsoft Marketplace.
FNZ Group president Roman Regelman said: “FNZ has always been at the forefront of innovation in wealth-management technology.
“Partnering with Microsoft allows us to accelerate our AI-led roadmap and enhances our ability to deliver personalised, intelligent and resilient solutions to our clients, strengthening our position of leadership.”
FNZ currently partners with over 650 financial institutions, serves more than 26 million end investors, and manages nearly $2tn in assets.
It is supported by major institutional investors such as Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, Generation Investment Management, and Motive Partners.