Small and Medium Wealth Managers first to
benefit from latest offering leveraging IBM Cloud Private
TORONTO, April 29, 2019 /PRNewswire/ - NexJ Systems
Inc. (TSX: NXJ), the pioneer of intelligent customer
management for the financial services industry, announced today
that it has chosen IBM Cloud Private to host its customer
relationship management (CRM) platform for small and medium
enterprise (SME) wealth managers.
Wealth managers in need of CRM solutions are increasingly
recognizing that workloads containing sensitive customer
information can have complex requirements when being moved back and
forth across various cloud and IT environments. In order to tap
into the flexibility and cost-saving benefits of the cloud while
maintaining compliance and security across multiple, dispersed data
sources, NexJ needed a first-class hybrid cloud strategy to support
its CRM platform.
NexJ chose IBM Cloud Private due to IBM's experience designing
hybrid cloud strategies for the financial services industry, and
the access to advanced services IBM Cloud Private provides. With
IBM Cloud Private, NexJ is leveraging a suite of services like IBM
Cloud Log Analysis with Kibana, IBM Cloud Databases for
Elasticsearch, and IBM Cloud Object Storage for mass data storage,
all orchestrated through IBM Cloud Kubernetes Service and Istio.
Now, NexJ's wealth management customers can securely streamline how
they move and manage customer data across environments, freeing
them up to spend more time focusing on driving new revenue streams
and providing better experiences for customers.
NexJ's deep vertical product has long been recognized by
industry analyst firms including Aite (Top CRM Vendor for wealth
management), and Celent (Best CRM for Wealth Management), and
selected by the wealth management divisions of notable financial
services firms including Wells Fargo, UBS and RBC. NexJ's hybrid
cloud strategy with IBM Cloud Private allows them to leverage the
success they have had refining their offerings in the largest
banks, insurers and financial services firms in the world, and now
bring their products to SME wealth managers looking for lower cost
and more flexible offerings.
Matthew Bogart, Vice President of
Marketing at NexJ Systems Inc. spoke about the advantages of
selecting IBM as its provider: "We wanted to deliver the CRM chosen
by world's leading Blue Chip financial services institutions to SME
firms. By building this solution with IBM technology and
collaborating with the IBM Partner Ecosystem team to bring it to
market, we can offer a best of breed customer management software
on an industry-leading cloud platform."
"NexJ Systems recognizes the importance of today's hybrid cloud
opportunity as its customers are demanding more flexibility and
secure access to advanced cloud technologies in order to revamp
their CRM strategies," said Lisa
Canham, Director of Partner Ecosystem, IBM Canada. "Our
priority right now is helping these businesses migrate and
modernize applications for the cloud in order to speed up their
business transformation."
About NexJ Systems Inc.
NexJ Systems is the pioneer
of Intelligent Customer Management. Its award-winning CRM is
designed to help Wealth Management, Private Banking, Corporate and
Commercial Banking, and Insurance firms revolutionize their
business. Powered by artificial intelligence, its products help
drive productivity, boost client engagement, and increase revenue.
With users in over 60 countries, its customers benefit from its
deep expertise across financial services verticals, strategic
investment in innovation, and commitment to their success.
Based in Toronto, NexJ has
clients throughout North America,
Asia Pacific and in Europe. For more information about NexJ
visit www.nexj.com, e-mail info@nexj.com, or call
416-222-5611. Join us on LinkedIn, follow us on Twitter, subscribe
to our YouTube channel or like us on Facebook.
NexJ Forward-looking Statement
Certain statements in
this press release may contain words considered forward-looking
statements or information under applicable securities laws. These
statements are based on NexJ's current expectations, estimates,
forecasts and projections about the operating environment,
economies, and markets in which the company operates. These
statements are subject to important assumptions, risks and
uncertainties that are difficult to predict, and the actual outcome
may be materially different. NexJ's assumptions, although
considered reasonable by the company at the date of this press
release, may prove to be inaccurate and consequently, its actual
results could differ materially from the expectations set out
herein. For additional information with respect to risks and other
factors which could occur, see NexJ's securities filings with the
OSC and other securities regulators. NexJ securities filings are
available on www.sedar.com. Unless otherwise required by
applicable securities laws, NexJ disclaims any intention or
obligations to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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SOURCE NexJ Systems Inc.
