Informa Financial Intelligence to combine FBX business with Novantas

Informa Financial Intelligence (OTCPK:IFJPY) announces that their FBX business will be combined with Novantas, a preeminent fintech provider of advanced decision support systems and data to the banking industry.
The combination is expected to complete by the end 1H 2021.
“Financial institutions are facing increasing competitive pressures, narrowing margins and the accelerated transformation from physical to digital banking. FBX and Novantas are very complementary, and the combination will give us a broader suite of analytical tools, data sets and deeper market expertise, allowing us to better help our customers make profitable decisions, faster, in a changing and demanding market.” said Craig Woodward, President.