For this purpose, a new, high-performing division will be established within Finnova in the future. The current Finnova Analytical Framework team will be combined with Contovista’s data experts to form a separate business unit comprising around 50 specialists. The management of this team will report directly to Finnova’s CEO Hendrik Lang. Finnova is anything but an unknown entity for us at Contovista. Our two companies have been partners since 2015, and Contovista solutions such as the BFM have been used by many of Finnova’s customers for years. We’re currently working together on the development and implementation of MAP4.
And now, together, we’re going one step further in building a digital ecosystem for end-to-end banking. With retroactive effect from January 1, 2022, Finnova is acquiring 100 percent of Contovista shares from the previous owner Viseca Payment Services SA. Our headquarters in Schlieren is now one of five Finnova locations – along with Lenzburg, Seewen, Chur and Nyon.