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Industry news

Deutsche Börse expands portfolio with Qontigo


18 September 2019 Frankfurt
Reporter: Jenna Lomax

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Image: Shutterstock
Deutsche Börse has expanded its portfolio with newly created investment growth company, Qontigo.

The expansion follows the closing of the Axioma acquisition, announced earlier this year, and receipt of required regulatory approvals.

Qontigo combines Deutsche Börse’s indices (STOXX and DAX) and Axioma’s portfolio-construction and risk analytics tools to enable clients to achieve a competitive advantage in a rapidly changing marketplace.

The newly created company is designed to address the growth of passive investing and smart beta; the modernisation of the investment management technology infrastructure, and the transition towards customisation of investment solutions.

The introduction of Qontigo follows the closing of the Axioma acquisition, announced earlier this year.

As part of Qontigo’s launch, Deutsche Börse has entered into a partnership with General Atlantic, a global growth equity investor.

General Atlantic invested in Qontigo, which was used to partly finance the acquisition of Axioma.

Qontigo is headquartered in Eschborn, Germany with other offices in New York, Zug and London.

Stephan Leithner, member of the executive board of Deutsche Börse, commented: “With Qontigo we are creating a buy-side intelligence leader that provides indexing products and analytics to meet the growing demand for increasingly sophisticated solutions and a platform for future growth in line with our Roadmap 2020 ambitions.”

Sebastian Ceria, CEO of Qontigo, said: “We will build upon the strengths of Axioma, STOXX and DAX to create a client-centric growth company–one driven by a strong entrepreneurial spirit, a relentless commitment to innovation, and the deployment of modern technology.”

He added: “With the support of Deutsche Börse Group and General Atlantic, we look forward to providing next-generation investment intelligence to our clients.”

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