We are proud to announce the acquisition of tetralog systems AG by the cleversoft Group GmbH, a leading provider of technology solutions for regulatory financial services. The strategic move expands cleversoft’s offering to include WealthTech solutions for portfolio analysis and optimization with advanced ESG support. In addition, the integration of tetralog systems AG’s offering will ensure a higher level of product governance in line with MIFID II regulations.
The merger is an important milestone in the growth strategy of both companies, which will from now on jointly expand their position as industry leaders. With the integration of tetralog, the cleversoft group becomes a one-stop shop for modern compliance and investment advice solutions for the financial services industry. Customers of tetralog systems AG will have access to additional MIFID II, PRIIP and SFDR documents as well as direct know-your-customer (KYC) and onboarding capabilities from cleversoft to streamline their compliance processes and enhance their overall experience.
Florian Clever, CEO & Founder of the cleversoft group, expressed his enthusiasm about the acquisition: “We are excited to welcome tetralog systems AG to the cleversoft family. This acquisition reinforces our commitment to deliver innovative solutions and broadens our offering for regulatory compliant investment advisory processes. The synergies between our companies will bring significant value to our combined customer base.”
Dr Lothar Jonitz, founder and chairman of the supervisory board of tetralog systems AG, commented: “I am delighted to entrust tetralog to Florian and his team. Having known Florian for many years, I have full confidence that his entrepreneurial spirit and customer-focused approach will drive our mission to deliver innovative solutions to our customers. Our team is looking forward to leveraging cleversoft’s cloud expertise in financial services compliance to further enhance and scale our product offering.”
tetralog systems will continue to operate on the market under its traditional name and will gradually expand the latest generation of software for digital investment advice with cleversoft’s RegTech services to create the first fully compliant out-of-the-box advisory process for financial institutions.
We thank you for your trust and look forward to providing you with everything you need for a fully compliant advisory process from a single source.
Yours sincerely,
