4.5.2023 12:03:16 CEST | Huddlestock Fintech AS | Non-regulatory press releases

Bricknode and Huddlestock today announced that a Swedish asset management firm
has selected its cloud investment management system and managed services to
power its operations.

The asset manager is a licenced securities firm providing tailored investments
and portfolio management to private and institutional investors.

By selecting Bricknode's cloud investment management system, Bricknode Broker -
https://bricknode.com/solutions/investing/, the asset manager will be able to
streamline its operations using a single platform. Bricknode Broker provides
extensive investment management operations support including onboarding, client
management, order execution and settlement, reconciliation management, corporate
actions management and regulatory compliance.

The asset manager has also opted to use Bricknode and Huddlestock's managed
services, where administration of the platform is outsourced to Bricknode and
Huddlestock's team of experts.

The asset management firm's CEO comments: "We see technology as one of the
biggest drivers of innovation and growth in the asset management sector. By
implementing a modern cloud investment management system with outsourced
administration, we're able to operate with efficiency and scale, while focusing
on our customers."

Erik Hagelin, Chief Strategy Officer at Huddlestock, adds: "This asset manager
is a great example of a company embracing technology and positioning themselves
for the best long-term success. Asset managers are having to adapt to changing
customer needs and market conditions, and with our platform they can easily
scale their operations and capitalise on new opportunities."

The deal is expected to add annual recurring revenues of between SEK 600.000 -
1.000.000 during the first year. Bricknode will begin the onboarding process
with the asset management firm next week.



This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act.

To see all press and investor releases please have a look in the investor
relations section of our corporate website 
www.huddlestock.com/investor-relations -
http://www.huddlestock.com/investor-relations

For further information, please contact: 

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * John E. Skajem, Chief Executive Officer, Huddlestock Fintech, +47 418 87 412,
   john.skajem@huddlestock.com 
 * Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech -
   Corporate Development, +47 982 15 520, leif.thomas@huddlestock.com 

ABOUT HUDDLESTOCK FINTECH AS

Huddlestock is a leading provider of investment and wealth management SaaS
solutions and services. We provide the technology, expertise and support that
financial institutions need to launch or transform an investment offering. Our
modular approach to cloud software helps firms around the world - from fintech
startups to established banks, neobanks, wealth and asset managers - deploy
innovative solutions with flexibility and speed. With a team made up of
ex-industry practitioners and wealth technology experts, we also provide
professional services and operations outsourcing that drive performance,
innovation and growth for our customers. Huddlestock is listed on the Euronext
Growth market.

For more information, please visit www.huddlestock.com -
http://www.huddlestock.com/ and www.bricknode.com - http://www.bricknode.com

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2324/3207/Download%20announcement
%20as%20PDF.pdf

HSF IR Swedish AM 20230504.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2324/3206/HSF%20IR%20Swedish%20AM
%2020230504.pdf

Click here for more information

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