It's a merger at the crossroads of Fintech and Greentech! Quanteam, a leading player in Banking and Finance, announces the acquisition of a strategic stake in Symphonics, a greentech specializing in innovative energy solutions for individuals and businesses.
Since 2007, QUANTEAM has been a privileged partner of investment banks, asset managers and other financial institutions, thanks in particular to its expertise and historical knowledge of market trading. As part of its business, QUANTEAM also works on the highly secure information systems of banks and marketplaces.
Symphonics, meanwhile, combines IoT, Big Data and energy trading to offer predictive models and intelligent solutions that optimize energy consumption, enabling companies, including large banking groups, to reduce their costs and carbon footprint.
"For QUANTEAM, the merger with Symphonics was an obvious choice. On the one hand, the challenges of market trading, QUANTEAM's historical core business, and energy trading are very similar. This synergy will enable us to accelerate Symphonics' growth with major energy players. On the other hand, Symphonics embodies innovation itself: we want to offer our customers - major banking and financial players - intelligent energy solutions to help them reduce their carbon footprint and develop their energy transition plan", explains Julien BENSOUSSAN, Chairman and CEO of QUANTEAM and the RAINBOW PARTNERS Group.
Mathieu ROCHARD, CEO of Symphonics adds "For Symphonics, the support of QUANTEAM, a strategic partner of financial institutions, enables us to offer them a concrete response to their growing obligation in terms of environmental responsibility, and to act on their carbon footprint while reducing their costs".
