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Equisoft acquires Kronos Technologies

by

Andrea Lubeck

11 April 2018 08:05

Luis Romero and François Levasseur

Equisoft has announced this Wednesday, April 11, the acquisition of the software company for the sectors of insurance and investment Kronos Technologies. The terms of the transaction were not disclosed. Equisoft had also done the acquisition of business Software Apeiron and Planiste last January.

The company explains that the integration of products of Kronos will present, in the long term, a single integrated product. The tools Kronos Finance, an application in customer relationship management, and Kronos ABF, analysis software, financial needs, include the ability to integrate data on both investments and insurance contracts in force for the back-office systems manufacturers and distributors.

Luis Romero, founder and ceo of Equisoft, says he is particularly excited by the addition of the application in customer relationship management (CRM), Kronos Finance to the range of products of the company. It has over 12 000 users.

Access to the global network

“In this case, one can truly say that the whole is greater than the sum of its parts,” said Mr. Romero. We are convinced that by combining the know-how of our respective teams, and by building on the complementarity of our offers, we will better serve our current and future clients of the insurance segments and wealth management. “

“The global presence of Equisoft opens up a world of possibilities for our team and our CRM tools and ABF, adds François Levasseur, president and chief executive officer of Kronos Technologies. While we expect to increase our sales activities and marketing through the global network of Equisoft, our combined offering will facilitate a vertical integration between manufacturers of investment products, insurers, distributors, and investors. “

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