NovitasFTCL has advised leading onboarding and Client Lifecycle Management (“CLM”) technology company iMeta Holdings Limited (“iMeta”) on its sale to NICE (Nasdaq: NICE), a world leading provider of cloud and on-premise enterprise software solutions.
Headquartered in Southampton, UK, iMeta is a specialist provider of end-to-end CLM technology to the wholesale, corporate, investment banking and capital markets businesses of global financial institutions.
Following a full process managed by M&A advisors NovitasFTCL, the acquisition of iMeta will strengthen NICE’s global client onboarding proposition in the capital markets industry by adding advanced onboarding and CLM solutions to NICE’s existing financial crime and compliance offering.
The iMeta platform, developed by a team with deep CLM and financial services domain expertise, provides financial institutions with a holistic approach to automate and manage their client data for operational and regulatory compliance purposes. iMeta’s platform combines data management, workflow orchestration and connectivity via APIs and built-in vendor connectors with an intelligent rules engine to drive automation, standardisation and compliance throughout end-to-end, onboarding and KYC processes.
FinTech M&A adviser NovitasFTCL, led by Managing Partner Bruce McIntyre, was responsible for planning and managing a broad transaction process, from preparation and solicitation of interest to signing of final transaction documents. NovitasFTCL’s work included specific valuation advice, production of marketing materials, due diligence as well as detailed negotiations on the initial and final documented deal terms.
About iMeta (iMeta Holdings Limited)
Delivering successful projects for over 20 years, iMeta is a trusted provider of client lifecycle management solutions; providing accelerated, compliant customer journeys for global, regulated organisations. From onboarding to offboarding and everything in between, iMeta helps firms to manage their KYC and AML, streamline their processes, and optimize their business opportunities. https://iMeta.com/
About NICE
NICE (Nasdaq: NICE) is the worldwide leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. https://nice.com/
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