Equisoft announced on Jan. 10 the acquisition of Apeiron Software Limited and Planist Ltd.

Apeiron Software Limited is a Toronto-based software developer known for its advisor- and investor-facing RetireWire platform. The Montreal-based Planist Ltd. is known in Quebec for its financial planning web portal. 

Jonathan Georges, vice president, Wealth Management Solutions, at Equisoft, said investor-facing technology platforms like Apeiron Software improve customer experience. “Today, financial institutions need to differentiate on customer experience,” he said. “Investor-facing technology platforms provide them with a great opportunity to deepen the level of engagement they have with their clients, while helping advisors offer value-added services.”

Setting a course for growth

“Apeiron is opening a new chapter in its development,” said Marc Des Rosiers, president of Apeiron. “We look forward to taking advantage of Equisoft’s industry and technology expertise to bring our current tools to the next level, better serve our clients and set a course for the future growth of our business.”

Georges says Planist Ltd. will help Equisoft enhance its WealthElements product due to Planists’s advanced financial planning functionalities, like retirement income replacement analysis, estate planning, simulation of cash flows in a holding company, and detailed life insurance needs analysis. “This acquisition will also benefit Planist’s client-base, by bringing sustainability and a strong commitment from a well-established company to continue to support the loyal Planist user,” he said.

Helping advisors better serve clients

“We are excited by all the new possibilities these acquisitions bring,” said Luis Romero, CEO, Equisoft. “Both of them fit perfectly in our corporate strategy to enhance our investor-facing and financial planning offerings. Our clients are increasingly seeking such tools to help advisors better serve their customers, so we definitely plan on integrating some of these functionalities into our existing front-end solutions, WealthElements and InsuranceElements.”