PureFacts Financial Solutions acquires digital transformation specialists K2 Digital

TORONTO, Nov. 8, 2017 /CNW/ - PureFacts Financial Solutions, a leading provider of software and consulting solutions for the wealth management industry, today announced that it is acquiring digital transformation specialists K2 Digital.

K2's expertise in digital strategy and enablement will augment PureFacts' proven ability to develop best-in-class technology for some of the largest financial organizations and wealth management boutiques in Canada. K2's custom development capabilities will allow for more tailored solutions in addition to PureFacts' existing best-in-class wealth management software platform. The acquisition perfectly positions PureFacts to provide clients with the best total solutions even more tailored to their needs.

"The wealth management industry faces a host of complex challenges," says Robert Madej, President and CEO of PureFacts Financial Solutions. "By combining the great people and strengths from our two firms, we can be more effective at providing innovative solutions for our clients."

"Financial services firms are being forced to redefine their business models, as the products and services that used to deliver huge market share for them no longer work in the digital era," says Lawrence Tepperman, Managing Director of K2 Digital. "Together, K2 and PureFacts have the scale to work with our clients to help them embrace technologies that meet the ever-growing needs and expectations of their customers. We are committed to continue serving all our clients and maintaining our position as a leading-edge digital firm."

About PureFacts Financial Solutions
PureFacts Financial Solutions empowers wealth management firms to help investors achieve their goals. Our full suite of tailored software and consulting solutions help our clients increase productivity, reduce costs and create an enhanced journey for their customers.

About K2 Digital
K2 Digital offers business strategies that provoke new thinking. We drive results by balancing digital experience and digital operations to engage customers, empower employees, optimize operations, and develop smart products and experiences.

SOURCE PureFacts Financial Solutions

For further information: Leslee Vivian, Director, Communications - PureFacts, [email protected] | 888.596.9338 toll free | 416.598.1241 x278; Jamey Diepen, Marketing Manager - K2 Digital, [email protected] | 416.831.5126