Wealth tech provider Finantix has teamed up with digital consultancy firm Capita Consulting to support clients in the private banking and wealth management space.

Under the agreement, the consultancy will enable private banking and wealth management clients to design and introduce a Finantix platform customised to their unique requirements.

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The consultancy will facilitate this by serving as a Finantix certified strategic implementation partner in the UK.

The modular, API-driven Finantix Product Suite can be integrated with IT systems.

Finantix believes that clients can deploy digital capabilities for end-to-end wealth management by choosing the right mix from the Finantix Product Suite.

Capita Consulting will support the clients of Finantix to choose the right mix of capabilities, the wealth tech said.

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At the same time, it will offer advice to the wealth tech on product enhancements in the UK.

Commenting on Capita Consulting, Finantix co-founder and head of strategy Alessandro Tonchia said: “Their expertise in helping clients in private banking and wealth management select the right elements from the Finantix Product Suite for their front and back office, and client focused needs will help our clients grow their businesses and utilise our products to the full.

“By advising us on product enhancements, Capita Consulting will also help us keep product development in tune with market needs.”

Finantix was recently in the news for its purchase of InCube Group, a Zurich-based AI and data science firm for wealth management and insurance.

Through the acquisition, Finantix gained access to InCube’s AI, robotic, and cognitive technologies.