Cooperation between ebase and niiio
ebase and niiio finance group AG provide banks and asset managers with product and service elements for the digital transformation of business models
Aschheim, 21 February 2017. The European Bank for Financial Services GmbH (ebase®) and the fintech company niiio finance group AG have formed a strategic partnership in order to develop the required digital product and service modules for the securities business. “Within the context of regulatory requirements, there is increasing demand for digital products and business processes to help manage overall costs”, says Rudolf Geyer, spokesperson for the management board of ebase. Therefore, the theme of digital transformation is becoming increasingly important and is driving strategic development of completely new business models, according to Geyer.
“Nearly 100 banks are already using our current range of services. For this reason, we are well aware of the current level of demand”, adds Johann Horch, CEO of the market-listed niiio finance group AG. “During the development of robo-advice solutions, we are often confronted with the limitations of existing bank legacy systems. With the backing of ebase and its white-label capabilities, we can now offer our customers the option of full technical processing and asset management.”
Among portfolio managers, we are seeing increasing demand for digital products that supplement existing products, at least for the onboarding of new customers.
“Specifically, this would include digital authentication of new customers, digital appropriateness and suitability tests, as well as digital matching of customers and product profiles when determining target allocations”, says Johann Horch. “Our aim”, adds Rudolf Geyer, “is to provide the best possible support for the digital transformation of our partners. As a B2B specialist for portfolio management, it made sense for us to increase cooperation with service providers from the fintech environment in order to provide on-time service modules to our customers.”
About niiio finance group AG
Deutsche Software Engineering & Research GmbH (DSER) has been operating as the main shareholder of niiio finance group AG since 2016. Its goal is to provide a comprehensive fintech ecosystem that leads banks, consultants and private investors together into a digital future. DSER has been successfully providing solutions for the portfolio management market for over ten years. Currently over 70 active customers use its sophisticated core product (munio) to move 40 billion euros and to manage a portfolio volume of roughly two million asset accounts.
Find out more
niiio finance group AG Johann Horch, Chairman of the Board
Elisabethstr. 42/43, 02826 Görlitz
Phone: +49 35 81 – 374 99 – 0