SkySparc, provider of solutions for corporate and financial institutions, has formed a strategic partnership with Auxality, a specialist in financial workflow digitalisation. This collaboration aims to enhance asset management capabilities by optimising workflows and ensuring regulatory compliance.
The partnership addresses key operational challenges for asset managers, including increasing regulatory demands, data management complexity, and margin pressure. By integrating SkySparc’s financial systems expertise with Auxality’s workflow solutions, the alliance provides a seamless framework for data accuracy, compliance, and cost reduction. SkySparc’s OmniFi platform enhances integration by offering comprehensive monitoring across all processes.
This collaboration is designed to allow asset managers to streamline documentation, automate workflows, and maintain data consistency, reducing operational overhead and compliance risks. Additionally, Auxality expands its service coverage, including 24/7 support.
Joakim Wiener, CEO, SkySparc, commented: “This strategic partnership aligns perfectly with our commitment to enabling continuous innovation within financial institutions. Together with Auxality, we can help our clients excel in managing the increasing complexities of fund administration and regulatory compliance. This collaboration further strengthens our position as a full-service provider to financial institutions.”
George Sallfeldt, CEO, Auxality, added: “In today’s increasingly complex regulatory environment, asset managers need solutions that reduce operational burden while ensuring compliance. By integrating directly with existing systems and digitising outputs we eliminate data redundancy and manual updates, allowing our clients to focus on their core business of managing investments. Our partnership with SkySparc enables us to deliver a truly integrated workflow solution with full support.”
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