A Brno business service center is driving change for the global financial sector

Czechia's international workforce is vital for various global finance players, including banks and financial services providers.

Expats.cz Staff

Written by Expats.cz Staff Published on 04.04.2024 17:09:00 (updated on 09.10.2024) Reading time: 4 minutes

i This article was written in partnership with FNZ Read our policy

Czechia is internationally renowned as a hub of technology and development talent, as well as a leading location for business services. It’s no surprise, then, that despite lacking a major financial center, the country and its workforce have become vital for various global finance players, including banks and financial services providers.

One company tapping Czechia’s impressive talent pool is FNZ, the leading global wealth management platform. The company’s Solution Center in Brno, Czechia’s second-largest city, is one of FNZ’s core locations.

As FNZ continues its impressive growth trajectory, Czechia is set to become an even more significant location, driving the company’s provision of tailored digital wealth management solutions to financial institutions around the world.

FNZ opens up wealth

Founded in New Zealand in 2003, FNZ’s two-decade history has seen it grow to become one of the world’s leading financial technology providers. The company partners with over 650 financial institutions and 12,000 wealth management firms, many of them household names. The digital solutions it provides are used by over 20 million people worldwide, enabling investors large and small to put their money into projects that they care about.

In the heavily regulated global financial sector, FNZ’s expertise in crafting digital solutions that add value both for businesses and for end-customers is in high demand. A true fintech success story, it employs over 5,000 people, with approximately 600 working at the company’s Brno base.

This is where some of Europe’s brightest minds in the fields of finance and technology work together to create digital solutions for the biggest names in the global financial sector, including retail banks, wealth managers, asset managers, life insurance providers and private banks. FNZ’s solutions open up a vast amount of wealth to end customers, with over US$1.5 trillion in assets under administration.

As a creator and provider of innovative technological solutions, FNZ is a pioneer changing the way that players in the financial sector do business, by streamlining their investment processes. This leads to better experiences for end users and greater profitability for financial institutions.

According to Adrian Durham, Group CEO and Founder of FNZ, the company’s purpose is to “open up wealth” so that everyone, everywhere can invest in their future on their terms. “We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.”  

“That’s why FNZ created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.” 

This can mean, for example, creating websites for financial institutions through which end customers manage their wealth, while also providing the behind-the-scenes technological solutions needed to facilitate transactions.

A Czech FinTech success story

FNZ’s Solution Center in Brno is a base from which the company develops its innovative digital platforms. The center is one of FNZ’s most important locations within a network of development centers that together form the beating heart of the company’s operations.

FNZ describes Brno as a perfect fit for its operations due to the strength of the city’s IT talent pool. The Solution Center is thriving as a significant driver of the company’s business, employing around 600 people across a wide range of roles.

In a confirmation of FNZ’s growth and of the importance of Czechia to the company’s operations, the Brno center has recently been completely refurbished into a bright and modern workspace, while an expanded presence in Prague is also anticipated.

Opening up opportunities

Just as the solutions made by FNZ employees open up wealth to people around the world, the company also takes care to open up opportunities for its own workers. Operating in over 30 locations across five continents, working at FNZ provides ample prospects for career growth, travel, and connection with new cultures.

FNZ’s Brno center is currently seeking employees across various areas including IT, finance, human resources, marketing and design. It’s a place for leading developers and testers to work with market-leading technologies while driving change in global finance and wealth management. Employees benefit from a highly multicultural working environment; worldwide, FNZ employs people from over 90 different nationalities, with over 40 languages spoken.

A focus on hiring the brightest minds is also at the heart of the company’s graduate program, designed to deliver world-class support and guidance to young workers. Two separate program streams are available: a technical program open to those wishing to pursue a career as a software engineer or tester, and an operations program teaching the financial acumen needed to ensure that FNZ platforms continue to accurately reflect investment transactions.

The company also recently launched the innovative “FNZ Academy”, which provides all global delivery staff specialized training and a global technical accreditation, enhancing the skills and capabilities of its members. 

Graduate programs and job opportunities at the Brno Solution Center provide opportunities for ambitious individuals in Czechia to join a company that reflects their priorities, enables career growth, and creates more effective ways for investors and businesses around the world to manage their wealth. In doing so, they put Czechia at the forefront of innovation in global finance.

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