aixigo has relaunched its high performance portfolio management system for the fully digital wealth manager investify.
aixigo has further expanded the features of the high performance portfolio API. It accepts large amounts of data as raw material from legacy systems, refines them quickly, on a mass capable and flexibly into information and makes it available to all customer systems.
The aixigo API currently comprises just under 100 services. Each of these services can be configured individually using call parameters. For digital wealth management, the API provides all the processes and functions required for volume business. This makes wealth management services suitable for the masses and is no longer reserved for very wealthy clients. The flexibility of the REST API allows financial service providers to innovate even the digital customer experience. Be it via apps, chatbots or voice interfaces.
In the case of investify, this primarily concerns the areas of portfolio analysis, monitoring and reporting. Here, the API is used as an infrastructure component to supply investify’s customers with enhanced data. In concrete terms: regular portfolio reporting and detailed analysis results that are available on-demand.
“The speed and mass suitability of the module enables an extremely scalable portfolio analysis, which is crucial for digital asset management. Moreover, it is a decisive advantage of investify for high volume B2B cooperation in the banking and insurance sector”, says Sebastian Hasenack – founder & managing director of investify.
“The aixigo high performance portfolio API is based on five basic principles that we have not invented but consistently apply. To make the data quickly available, it is stored in an in-memory database . We use so-called cache-oblivious algorithms to reduce processor waiting times,” says Fabian Budde – Head of Customer Projects aixigio AG.
The fast transfer of data between different algorithms is guaranteed via high speed interconnections. The flexibility results from a REST API design and an integrated BPM engine. In this way, aixigo equips financial service providers with state-of-the-art technology and makes them fit for the challenges of the future.