Founded in 2002, Ebase is an independent and fully licensed platform and has been a subsidiary of Germany’s Commerzbank since 2009.
With 265 employees, more than one million customers and over 270 cooperation partners – including banks, insurance companies, asset managers and independent financial intermediaries – Ebase has B2B assets under administration of around €31bn (£27bn, $36bn).
Adrian Durham, chief executive of FNZ Group, said: “Ebase is a well-established investment platform and leader in the digitisation of wealth management solutions.
“This is an important milestone for FNZ Group and underlines our commitment to being the leader in the provision of B2B digital wealth management solutions for financial institutions and their clients across Europe.”
FNZ-ownership
Under FNZ Group’s ownership, Ebase will continue with its strategy to become the leading digital financial services partner in Germany.
Current managing directors Rudolf Geyer and Lars Müller-Lambrecht will continue to lead the company from its headquarters in Aschheim, near Munich.
UK-based FNZ (First New Zealand) provides technology and service platforms to global banks, insurers and asset managers, and handles £50bn ($69bn €56bn) in assets under advice.
It counts Standard Life Wrap, Axa Wealth, UBS and JP Morgan among its clients.
FNZ was founded in Wellington, New Zealand in 2004 and offers an outsourced, wealth management platform service via the internet, which combines the software-as-a-service model with trade processing and asset custody.
