The Aryza Group acquires Anchor Computer Systems to expand its financial software portfolio.
The acquisition combines Aryza's restructuring technology with Anchor's loan and lease management systems.
Aryza develops flexible software solutions for the financial services and insolvency sector, incorporating technologies like open banking and artificial intelligence to automate restructuring and recovery. The company provides a comprehensive suite of cloud hosted software supporting consumer and commercial lending.
The Aryza Group has announced the acquisition of Anchor Computer Systems to reinforce its presence in the financial services and insolvency software market. The transaction brings together Aryza's restructuring and recovery technology with Anchor's established expertise in loan and lease management systems spanning more than four decades.
The combined organisation will serve a client base of over 300 lenders, encompassing challenger banks and specialist lenders across regulated and nonregulated markets. Following the deal, the lending division is scheduled to rebrand as Aryza Lending Solutions as the company expands its software portfolio.
From the founder
"We are really pleased to welcome Anchor Computer Systems to the Aryza Group – a move that significantly accelerates our strategy of becoming the leading global provider of financial services software."
Colin Brown
Chief Executive Officer at Aryza
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About the company
Aryza
Aryza provides software solutions for the financial services and insolvency sector.