Inversis acquires 100% of Openfinance from SIX

Inversis, a Banca March 100%-owned subsidiary specialising in providing global solutions for institutional clients in the financial asset distribution business, has reached an agreement with BME, a SIX company, for the complete acquisition of Openfinance. This firm offers technological tools for the provision of comprehensive reporting, advisory and discretionary portfolio management services, and has a presence in Spain, Andorra, Portugal, Mexico, Costa Rica, Panama, Colombia and Chile.

Inversis acquires 100% of Openfinance from SIX
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The purchase of Openfinance by Inversis implies the acquisition of the software, know-how and  more than 20 years’ experience of the firm, which boasts a highly specialised team. The services provided by both companies will be fully and easily integrated.

Javier Hernani, CEO of BME and Head of Securities Services at SIX said: "Openfinance has been part of BME for the last 10 years and we are very pleased with its track record and international expansion in Latin America. As part of SIX's ongoing business evaluation and growth strategies, we will continue to analyse business opportunities and invest in the market infrastructure value chain". 

Any questions?

Please do not hesitate to contact Jürg Schneider.

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About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
www.six-group.com

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