WealthTech firm Objectway has announced it has entered exclusive negotiations with investment firms BNP Paribas and Natixis to acquire French capital markets software specialist Services Logiciels d'Intégration Boursière (SLIB).

The company said the move will expand its presence in France and strengthen its offering across the investment services sector.

Under the proposed deal, BNP Paribas and Natixis would transfer their entire stakes in SLIB to Objectway, subject to regulatory approvals and employee consultation processes. The companies expect to complete the transaction by the end of 2026.

The acquisition will deepen Objectway's long-standing relationship with BNP Paribas while also expanding its client base to include more European asset servicers, broker-dealers, and banks. It would also allow Objectway to add front-to-back securities processing, clearing, settlement, and risk management capabilities to its platform.

If completed, the acquisition will allow Objectway to offer technology spanning the full investment services value chain, from wealth management and portfolio administration through to trading, execution, and capital markets operations. It will also strengthen the company's relationship with shared clients, including BNP Paribas, while creating opportunities to work with additional financial institutions across Europe.

The deal will also strengthen Objectway's footprint in France, while extending its presence into Portugal through SLIB's Lisbon office. The company already operates across Italy, Germany, Switzerland, the Benelux countries, the UK, Ireland, and Canada.

SLIB has worked with financial institutions for more than 30 years, providing software for capital markets, including securities processing, retail brokerage, risk management, and regulatory technology. The company serves around 30 customers and employs more than 140 people across Paris, Lyon, and Lisbon.

Luigi Marciano, founder and group chief executive of Objectway, said the acquisition supports the company's long-term growth strategy.

"The financial services industry has entered a phase where growth depends on the ability to combine innovation with scalability," he said. "Institutions are seeking partners that not only modernise technology and operations but also orchestrate business capabilities enabling them to scale."

He added that the company would focus on combining the expertise of both organisations while maintaining continuity for existing clients.

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