SkySparc acquires infiniance to strengthen its position in Nordic treasury consulting
03 July 2024 Sweden
Image: OliverFoerstner/stock.adobe.com
SkySparc, a financial institutions solutions provider, has joined forces with treasury management firm infiniance.
The companies say the acquisition builds on SkySparc鈥檚 growth strategy to increase its global footprint across the UK, Nordic, Europe and Asia, and will make the combined firm one of the leading treasure consultancies in the Nordic region.
In addition, they suggest the newly formed alliance combines SkySparc鈥檚 treasury management expertise with infiniance鈥檚 experience dealing with technology platforms like SAP, FIS, and Kyriba.
Infiniance will continue its business in Denmark as usual, with access to the full services portfolio of SkySparc, including the award-winning SaaS-based automation platform OmniFi.
Joakim Wiener, CEO of SkySparc, says: "With infiniance's advanced capabilities in treasury and risk management, working capital, payment solutions, and compliance, we enhance our ability to support our clients through critical transitions and technological migrations.
鈥淲e are excited to integrate infiniance's strengths with our own, delivering a more comprehensive and resilient service portfolio that addresses the ever-evolving needs of our clients."
Henrik Juhler, managing partner at infiniance, adds: "This expansion enables us to utilise SkySparc's global reach and provide additional services. This partnership also allows us to integrate SkySparc鈥檚 robust technological solutions into our service offerings to Danish clients.鈥�
The companies say the acquisition builds on SkySparc鈥檚 growth strategy to increase its global footprint across the UK, Nordic, Europe and Asia, and will make the combined firm one of the leading treasure consultancies in the Nordic region.
In addition, they suggest the newly formed alliance combines SkySparc鈥檚 treasury management expertise with infiniance鈥檚 experience dealing with technology platforms like SAP, FIS, and Kyriba.
Infiniance will continue its business in Denmark as usual, with access to the full services portfolio of SkySparc, including the award-winning SaaS-based automation platform OmniFi.
Joakim Wiener, CEO of SkySparc, says: "With infiniance's advanced capabilities in treasury and risk management, working capital, payment solutions, and compliance, we enhance our ability to support our clients through critical transitions and technological migrations.
鈥淲e are excited to integrate infiniance's strengths with our own, delivering a more comprehensive and resilient service portfolio that addresses the ever-evolving needs of our clients."
Henrik Juhler, managing partner at infiniance, adds: "This expansion enables us to utilise SkySparc's global reach and provide additional services. This partnership also allows us to integrate SkySparc鈥檚 robust technological solutions into our service offerings to Danish clients.鈥�
Next industry article →
Global securities lending revenue faces 16% YoY decline for Q2, reports DataLend
Global securities lending revenue faces 16% YoY decline for Q2, reports DataLend
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
