Deutsche Financial institution acquires a minority stake within the fintech agency as a way to help the additional growth and internationalisation of the QPLIX platform.
Deutsche Financial institution’s Wealth Administration enterprise and Munich-based fintech firm QPLIX immediately announce a partnership centered on rising enterprise with asset managers, household workplaces and different monetary establishments akin to pension funds.
Deutsche Financial institution’s Wealth Administration will faucet the capabilities of the QPLIX platform as a way to present its shoppers with entry to a digital platform for the holistic administration and management of enormous property. In flip, QPLIX shoppers will achieve entry to round 100 knowledge interfaces. The settlement will create one of many largest banking networks in Europe.
With the assistance of the QPLIX platform, Deutsche Non-public Port can for the primary time map, analyse and handle all asset lessons together with illiquid investments akin to actual property and personal fairness. Beginning in Germany, the QPLIX software program will function the idea for Deutsche Non-public Port, the digital funding workplace of Deutsche Financial institution Wealth Administration.
Asset managers, household workplaces and different monetary establishments can use it for:
- Analysis instruments that present cross-bank asset overviews of whole property with efficiency and danger analyses in addition to warning methods for compliance with funding tips;
- Entry to fashionable analysis views anytime, wherever and from completely different units;
- Features for creating report packages for data to asset holders and committees; and
- Digital account opening for asset managers.
Deutsche Financial institution is supporting the additional growth and internationalisation of the QPLIX platform by buying a minority stake. The remaining shares will stay underneath the management of the three QPLIX founders – Kai Linde, Mathias Lindermeir and Philipp Pötzl.