Objectway, a provider of investment management and digital software solutions to the worldwide financial services industry, has opened regional headquarters in South Africa.

Luigi Marciano, CEO of Objectway. said: “This new premises will enhance the business expansion in the South African region, where Objectway sees a significant increase in demand for advanced technology solutions in the financial services sector.”

“The new office will represent a strategic hub for bringing innovation to the emerging wealth and investment management market and will allow us to closer support our customers,” he said.

The new office is based in Randburg - Johannesburg and will serve wealth, investment and asset management firms in the region, where Objectway has already established its business with two major clients. 

According to various market studies, South Africa is one of the most growing countries of the continent in the financial services industry, with an expected double-digit increase in HNWI wealth until 2020. 

As wealth continues to increase, the emergence of new and younger investors will require firms to adopt effective and digitally enabled wealth management solutions, while compliance with the increasing regulatory framework will call for investments in compliant future-proof technology.

Founded in 1990, Objectway has grown steadily and has broadened its client base across EMEA, Canada and Central America.