MCI announces the launch of eXtend, their next generation WealthTech Platform


Johannesburg, July 5th, 2019 – MCI, in conjunction with Objectway, have recently launched their eXtend WealthTech Platform, a next generation digital wealth and investment management suite, comprising an extensive list of capabilities covering front, middle and back office solutions, with the focus on digitisation.

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The key focus of eXtend is to seamlessly integrate our solutions into an existing customer environment without the customer having to change existing systems. This allows the customer to leverage their existing investments in solutions, and results in the customer only paying for the additional solutions they require. This approach also ensures a smooth implementation for all stakeholders, reducing change management cycles, costs and overall time-to-market.

eXtend’s offering, a mix of both MCI and Objectway solutions, includes Client Digital Experience, On-boarding, Digital Collaboration and Advisory, Risk Analysis and Suitability, Portfolio and Fund Management, as well as a full set of Back-Office capabilities covering Securities and Advisory. eXtend also allows customers to drive revenue generation through Digital Campaign Management, Advanced Analytics with Augmented Intelligence and Robotic Process Automation, as well as allowing them access to New Product lines.

“Wealth and investment professionals are under growing pressure to innovate and deliver increasing value to their customers.” commented Greg Bernard, Business Partner at MCI Consultants. “We see eXtend as a means to respond to this requirement by delivering solutions which best suit a customers’ needs, help reduce costs by leveraging their existing software investment, and enabling them to increase revenues by providing a platform which allows for rapid expansion of customers, products and services through digitisation.”

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About MCI
MCI is a dynamic business information systems consulting firm based in Johannesburg, South Africa specialising in providing IT solutions to medium and large companies across various industries in South Africa, Africa and abroad. MCI’s superior performance and reputation is attributable to their passionate, dedicated team and dynamic skill pool of 45 consultants. MCI has served as a primary solution provider within the financial markets since 1992, providing mission critical software and IT services to institutions in virtually every segment of the financial services industry.

About Objectway
Objectway is a leading provider of financial software and digital solutions to the worldwide financial services industry, with clients in 15 countries. Its award-winning software platforms are the trusted choice of leading wealth and investment management firms across the globe – from EMEA to Canada to Central America. From its offices in Italy, the UK, Belgium, Ireland and South Africa, Objectway has more than 600 employees supporting approximately 100,000 investment professionals to manage more than one trillion euros in wealth.

MCI Contacts:
Jan Rabbets, Business Partner, J.Rabbets@mci.co.za
Greg Bernard, Business Partner, G.Bernard@mci.co.za
Tel +27 11 4543420