Press Releases

arvato acquires an interest in Intervalor, the Brazilian financial services provider

Entering the Latin Market 

arvato Financial Solutions, a subsidiary of arvato, the international technology service provider, is acquiring an interest in Intervalor, one of the leading providers of financial services in Brazil. After taking over the Gothia Financial Group in 2013, the currently agreed interest in Intervalor is a further important step towards the consistent internationalisation of arvato Financial Solutions businesses. Initially arvato will be taking over 40 per cent of the shares in Intervalor with the option of a step-by-step increase in their share. The financial details of the transaction will not be published. Both parties have come to an understanding on this.

 

Intervalor is one of the big players in South America and has shown dynamic business development. The company functions with around 3,000 employees – from two locations in São Paulo, one in Rio de Janeiro and one in Recife. Since its foundation in 1999 it has developed into one of the largest and most successful financial services providers in Brazil. Its services are set out in a similar way to those of arvato Financial Solutions. There is no geographical overlap, so this move will above all increase the international availability of these services.

 

Through the interest in Intervalor, arvato is driving the internationalisation of its Business Information and Financial Services business areas further forward and will in future be able to offer integrated payment management solutions also in Brazil. Consequently any internationally active customers whose activities include dealings in South America can in future handle their receivables management through arvato and draw on local experts on the spot, with their close familiarity of the legal situation there.

 

As Michael Weinreich, CEO of arvato Financial Solutions and Member of the arvato Executive Board, said, “By extending our business activities in Brazil we are reaching a further milestone in our dynamic course for growth. Together with Intervalor we will be opening up the market in Latin America and also offering our customers first-class service and intelligent solutions there.”

 

Luis Carlos Bento, CEO of Intervalor, added that, “This is a great step for Intervalor. We see the partnership with arvato Financial Solutions as an excellent opportunity to further develop our business. We are really looking forward to working together in a trustworthy and cooperative partnership.”

arvato Positioned as F&A High Performer in HfS Research (HfS) Progressive F&A BPO Blueprint

HfS Research (HfS) has unveiled its 2015 Progressive F&A BPO Blueprint that specifically hones in on the proven “progressive” skills, investments, domain acumen and as-a-service potential of the leading providers in finance and accounting service delivery.

In order to pull together a comprehensive view of the market, HfS Research created importance weightings for the key categories of services innovation and execution, that were based on the opinions of 1109 services buyers, advisors and provider executions in their 2014 State of Outsourcing Study, conducted in conjunction with KPMG.  In addition, HfS Research conducted exhaustive interviews with more than 100 F&A service buyers in order to create the report.

Analysts Phil Fersht and Hema Santosh, the authors of the report, have positioned arvato as a High Performer based on its flexible offering and longevity of client relationships.

Visit HfS Research (HfS) to download the complete report.

arvato Financial Solutions Donates €30,000 to Support Income Security Program in the Philippines

Going beyond its commitment to local communities, arvato Financial Solutions supported the global children’s aid organization “Plan International Deutschland e.V.” as part of its holiday campaign last year. Customers from all over the world actively participated in the company’s international holiday donation drive; together, they collected a sum of €30,000 that was donated in the company’s name.

To read the full press release please click the link below.

arvato Financial Solutions Donates to support income Security Program in the Philipines 

 

 

 

arvato Financial Solutions launches a new customer magazine online and in print.

Baden- Baden, September 29th 2014.

The name remains the same – in terms of the content however, arvato Financial Solutions is breaking new ground with its customer magazine.

The redesigned “pay” launches this month with a new editorial direction and international focus. It will focus more strongly on magazine journalism – with a greater editorial emphasis, large format pictures, a variety of typographies and many illustrations. 

The new 32-page magazine will be published in German and English and will be complemented by a brand new Web magazine that supplements the printed edition with multimedia features.

Featuring global economic and market topics relevant to the financial solutions and services sector, the ”pay” redesign reflects the company’s extensive international expansion last year. 

The financial services offerings previously known under the brand names arvato infoscore, Gothia Financial Group and arvato Finance, have been bundled together under the slogan “One brand, one portfolio”, explains Michael Weinreich. The arvato Financial Solutions CEO and member of the arvato AG Executive Board continues: “An innovative and global service provider needs an innovative and international customer magazine – by launching the new “pay” we want to give arvato Financial Solutions, an image that will do justice to our brand proposition.”

The accompanying web magazine is available at www.pay-magazine.com.

arvato Financial Solutions is Working With Leading Financial Incubator Startupbootcamp FinTech

Baden-Baden, Germany, August 12, 2014.

Finance goes next generation

In keeping with the philosophy, "Finance goes next generation," arvato Financial Solutions is investing in Startupbootcamp FinTech, which specializes in supporting financial-technological innovations and the latest technologies in order to provide for and equip financial services. In doing so, this arvato subsidiary is going beyond the scope of a classic financial service provider.

To read the full press release please click the link below.

arvato Financial Solutions is Working with Leading Financial Incubator Startupbootcamp FinTech

 

 

arvato positioned as a Leader in the Magic Quadrant for Finance and Accounting BPO

London, 3rd June 2014

Global business process outsourcing partner, arvato, has been positioned by Gartner, Inc. as a Leader in the report ‘Magic Quadrant for Finance and Accounting BPO’.

Please click the link below to read our full press release.

arvato positioned as a Leader in the Magic Quadrant for Finance and Accounting

For access to the full report, please visit: http://www.arvato.com/gartner-mq-bpo-fa/

arvato Financial Solutions invests in OpRiskControl and PolicyHub

Slough, UK 21st May, 2014

Hitec, a leading provider of Governance, Risk and Compliance (GRC) software solutions, is pleased to announce that arvato Financial Solutions (aFS) is implementing two of its products; ‘OpRiskControl’ which is a Risk Management solution, and ‘PolicyHub’ which is a Policy Lifecycle Management solution.

Please click the link below to read our full press release.

arvato Financial Solutions invests in OpRiskControl and PolicyHub   

arvato is consolidating global financial activities and is now operating as arvato Financial Solutions

 

Glasgow, April 3rd, 2014

 
One brand, one finance portfolio

The brands arvato infoscore, arvato finance, Gothia Financial Group, BCW Group and Credit Solutions are merging to form arvato Financial Solutions. The goal is to meet and exceed the financial services needs of clients worldwide, particularly those who operate across national borders.

Please click the link below to read our full press release. 

 arvato is consolidating global financial activities and is now operating as arvato Financial Solutions. 

 

 

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