Categories: Business

Brazil’s Sinqia becomes a partner of Spanish TechRules in Brazil

  • Today, Sinqia offers services of Asset Managers, Private Banking, Family Offices, and Advisers;
  • TechRules has been in operation for two decades and it is present in 19 countries.

Sinqia, a Brazilian technology company for the financial market, through Torq Ventures – the company’s Corporate Venture Capital (CVC) program, announced a partnership with TechRules. Sinqia will now represent the Spanish consulting and wealth management software provider for financial entities in Brazil.

With the deal, Sinqia says it will have more robust and scalable solutions through APIs (application programming interface) for private wealth service, including the management of large wealth.

READ ALSO: Open banking: Banco Original’s strategy to gain 1 million customers in the next two months

Today, Sinqia offers Asset Managers, Private Banking, Family Offices, and Advisers services.

“This partnership puts us in a new position in a market with immense potential. With TechRules’ technology, Sinqia will become a full solution private banking company in Brazil,” said Adriano Carneiro, COO of Sinqia’s Software Unit.

READ ALSO: The promises of Brazilian open banking: customer empowerment and market opening

Jaime Bolivar, CEO of TechRules, comments that Brazil is a key market. “This partnership will also set the course for the future in the Wealth Management segment, as has happened on other occasions internationally.”

TechRules has been in operation for two decades and it is present in 19 countries, with more than 2 million end-users.

This post was last modified on August 19, 2021 2:33 pm

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