Amundi acquires aixigo 15 November 2024 France Reporter: Klea Neza
Image: izzuan/stock.adobe.com
Amundi has acquired aixigo, a technology company that has developed a high value-added modular service offering for distributors of savings solutions.
Its platform, which is entirely based on API, enables new services to be deployed quickly and easily into existing IT infrastructures of banks and financial intermediaries, say the firms.
Amundi aims to accelerate its development with the acquisition of aixigo, reinforcing its positioning as a leading provider of technology and services.
The client and geographical coverage of Amundi in this market will be further enhanced by aixigo’s client base in Germany, Switzerland and the UK.
Valérie Baudson, CEO of Amundi, comments: “Amundi has built a range of services and a technological platform that will be further strengthened with aixigo.
“With the addition of new expertise, which have already been adopted and recognised by leading financial firms, we will continue to roll out new innovative services, and play an active part in the developments of the financial advisory and wealth management sector. This transaction will create significant value for our clients, partners and shareholders.”
Arnaud Picut, CEO of aixigo, sates: “Joining Amundi Technology presents aixigo with a unique opportunity to expand our service offerings and leverage Amundi's expertise, allowing us to become the undisputed European leader before gradually extending our reach into Asia, a vision that perfectly aligns with our values and ambitions.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: izzuan/stock.adobe.com 