Smart Communications inks deal to buy Assentis Technologies

Smart Communications, provider of a customer conversations management platform, has entered into an agreement to acquire Assentis, a European software solutions provider specializing in customer communications management (CCM) with a focus on the financial services industry.

Assentis’ CCM solution is currently used by more than 100 enterprises to generate critical documents, including client reports, fund fact sheets, product presentations, contracts and marketing collateral. Headquartered in Rotkreuz, Switzerland, the company can support interactive, batch and ad hoc use cases. Smart Communications plans to continue to support all Assentis products while also focusing on making its SaaS platform available throughout the region.

Through this proposed acquisition, Smart Communications can more effectively serve enterprises in the financial services industry and throughout continental Europe. In addition, current Assentis customers will be able to quickly take advantage of Smart Communications’ expertise in multi-tenant SaaS.

“We are poised to incorporate Assentis’ wealth of knowledge and capabilities in financial services into Smart Communications,” said James Brown, CEO of Smart Communications. “Already among the key industries we support, we recognized an opportunity to strengthen our commitment to help these firms cater to an increasingly digital-focused customer base. Through this acquisition we will be better equipped to support our growing financial services customer base around the world.”

For more information, go to smartcommunications.com  and www.assentis.com.