Swiss Banking and Insurance Service Provider Inventx, is widening its offering by acquiring a stake in another industry player. 

Inventx is acquiring a majority stake in DTI Group effective January 1, it said in an emailed statement Friday (in German) without disclosing further details of the deal. DTI, which provides digital information management services and is headquartered in Wil (Canton St Gallen), will continue as an operationally independent company under its own leadership, it said. 

DTI solutions will be integrated into Inventx' Open Finance Platform (ix.OFP), it added. 

Complementary Offer

All Inventx customers will benefit from the additional offer, while DTI customers gain access to Inventx's comprehensive IT and digitalization offerings.

«From the many positive experiences, both sides have recognized the great potential and added value that a deepening of the business relationship brings for us as well as for our customers,» Kaspar Tappolet, co-owner of DTI said.

«Outstanding Reputation»

«Not only the complementary services, but also the customer-oriented corporate culture as well as an outstanding reputation and excellent references in the banking and insurance environment connect us,» Inventx chair Gregor Stuecheli added in the statement.