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Integrated loan servicing solutions provider IQ-EQ has completed the rebrand of AMAL, the loan servicing business it acquired in October 2025, bringing its Australian and New Zealand operations in line with the group’s global brand.
IQ-EQ first announced the acquisition in April 2025, labelling the move as a “significant milestone” in the business’s global expansion strategy.
The provider said the completed acquisition would aim to introduce global expertise and advanced proprietary and third-party technology to clients across Australia and New Zealand.
As part of the acquisition, day-to-day service delivery of the business will be led by Nick Procter, managing director of IQ-EQ Australia and New Zealand, previously CEO of AMAL Trustees.
Tony Grant will also lead the business as managing director of IQ-EQ Trustees Australia and New Zealand, previously managing director of AMAL Trustees.
Both will now sit as part of the IQ-EQ Asia-Pacific senior leadership team, led by regional CEO Sridhar Nagarajan.
Speaking on the move, Procter said the changes would not impact clients’ day-to-day operations.
Procter commented on the move: “We’re proud to move forward under the IQ-EQ banner, combining the same great service and people our clients know and trust with IQ-EQ’s global expertise and market-leading, tech-enabled solutions.
“We’ve very much retained the core of who we are, and our clients and partners can expect a seamless transition.”
Meanwhile, Grant said operating under the IQ-EQ banner would strengthen the business’s capabilities.
“Operating as IQ-EQ strengthens our offering – with broader capabilities, deeper resources and continued investment in technology – while keeping the responsiveness and local knowledge our clients value. We’re excited for what comes next and look forward to leveraging and building upon the group’s wider service suite and network to bring the very best solutions to the local market,” Grant said.
Meanwhile, Joanne McEnteggart, IQ-EQ’s global head of debt, capital markets, and corporate, also commented on the acquisition.
“Completing both the acquisition and the full rebrand of AMAL to IQ-EQ within 12 months is no small feat, and it reflects the commitment and collaboration of teams across Australia, New Zealand and the wider IQ-EQ group,” she said.
“From day one, we’ve been focused on protecting what made AMAL special for clients and colleagues, bringing these highly regarded capabilities fully into the IQ-EQ fold.
“This rebrand significantly strengthens IQ-EQ’s position as a global structured finance provider of choice, connecting our offerings in Australia and New Zealand more closely to our international platform – alongside our continued growth agenda, which includes the pending acquisition of Zenith Global in Italy.
“Today’s announcement is an important milestone: one unified brand, one global platform, and an even stronger proposition for clients worldwide.”
Under the new name, the business will remain based in Sydney and will comprise 120 team members.
IQ-EQ currently employs more than 6,500 people across 24 jurisdictions.
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