vwd becomes Infront Financial Technology
After more than 70 years of successful brand history, vwd, the leading provider of pan-European information and IT solutions for the investment industry, will continue to operate under the Infront brand. In July 2019 it was already announced that vwd was acquired by Infront ASA. Since then, the integration of vwd has progressed rapidly. On 28 February 2020, the renaming of vwd Vereinigte Wirtschaftsdienste GmbH to Infront Financial Technology GmbH was entered in the commercial register.
The name change to Infront Financial Technology initially affects the company in Germany as a wholly owned subsidiary of Infront ASA, which is headquartered in Oslo. The former vwd subsidiaries in Belgium, Italy, Luxembourg, the Netherlands and Switzerland will be renamed soon.
The merged companies offer a powerful combination of solutions for investment management and advisory, trading, sell-side and distribution, treasury and risk, valuation and compliance.
The merger with Infront was logical and important for the German company. "We complement each other perfectly in terms of customers, products and geographical focus. Together, we are leading in European financial market solutions with a broader range of tailored and scalable solutions on a now even stronger platform. With a presence in 13 European countries and in South Africa, we can tailor financial market solutions to local markets and the individual needs of our customers and offer them cost-effectively," said Udo Kersting, CSO, Infront Financial Technology.
Together with the former vwd, Infront's solutions are now used by more than 3,600 customers with over 90,000 professional users. With support for the entire workflow, financial professionals can make investment decisions, reduce costs, adapt to rapidly changing market requirements and work more efficiently with the ever-growing volume of information.