Fintech companies FNZ and AJ Bell strengthen their long-term technological collaboration
AJ Bell Renews Partnership with FNZ for Another Decade
In a significant move, AJ Bell, a leading investment platform provider in the UK, has extended its technology partnership with FNZ for another ten years. This renewal signifies a strong relationship between the two businesses and supports AJ Bell's continued growth strategy.
The collaboration between FNZ and AJ Bell is a continuation of their shared mission to open up wealth and make investing accessible and transparent for more people. The partnership, which started in 2009, will see FNZ continue to supply essential technology to AJ Bell's platform.
FNZ's technology supports functions such as market connectivity, trading, settlement, custody, and the management of books and records for AJ Bell. The implementation of FNZ's technology replaced labor-intensive methods with automation, thereby improving efficiency.
Recently, AJ Bell opted for the ALTO Investment platform offered by Amundi Technology to enhance its portfolio management abilities and bolster its expansion goals. The newly implemented system provides the flexibility needed to scale operations, enabling AJ Bell to meet evolving client needs as the company expands.
Mo Tagari, AJ Bell's chief technology officer, stated that FNZ has been a key technology partner for many years, supporting the development of both AJ Bell's advised and D2C propositions. Alastair Conway, head of FNZ UK Group, expressed pride in continuing the long-standing relationship with AJ Bell.
The new 10-year agreement between FNZ and AJ Bell shows the trust and shared ambition between the two businesses. The partnership caters to both advised clients and direct-to-consumer (D2C) customers of AJ Bell. As of 30 June 2025, AJ Bell's platform managed assets exceeded £96bn ($130bn).
The partnership between FNZ and AJ Bell is based on capacity, adaptability, and reliability to enable growth, ongoing development, and positive outcomes for customers and advisers. FNZ will continue to support AJ Bell's growth through digital technology and help deliver great outcomes for their customers.
Interestingly, Scalable Capital, another UK-based investment platform, also chose the ALTO Investment Platform from Amundi Technology in May to strengthen its portfolio management capabilities and achieve its expansion goals. This further underscores the effectiveness and adaptability of Amundi Technology's solutions in the investment platform landscape.
With this renewed partnership, both FNZ and AJ Bell are poised to continue their journey towards making investing more accessible and transparent for a wider audience, while maintaining the trust and satisfaction of their existing clients.
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