Dutch core banking vendor Ohpen has taken over FYNN Advice, a local consulting firms that advises financial institutions on the implementation of core banking platforms.
FYNN consultants will join Ohpen’s implementation department as part of the deal.
FYNN managing partner Pieter Aartsen will join the Ohpen board and will be overseeing Dutch market activities, while FYNN’s other managing partner Rogier van Arkel will take up the role of chief delivery officer.
Commenting on the acquisition, Ohpen founder and CEO Chris Zadeh said: “We know the team at FYNN Advice very well, and have the same DNA. This has been the basis of our collaboration. Both our teams want to exceed customer expectations. Our people define our business, having the same core values was an essential driver for this acquisition.”
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By GlobalData