Digital Investment – Study by aixigo AG

During the FinTech wave two years ago, we began an intensive and continuous evaluation of all emerging and existing robo-advisors.
Our study is based on more than 80 robo-advisors. The creators of these robos are FinTechs and banks. The aim of this study was and still is to put the market of online advisory offers under the microscope; and at the same time identify successful companies and understand the reasons for their success. Our focus is globally oriented. Most of the robos under observation come from Europe, the USA, Canada and Australia.

What data was collected?

We conducted initial extensive research into the provided tools and associated websites. We were also concerned with the construction of the tools.
Are questions being asked about risk-bearing capacity, risk-bearing settings, experience and knowledge? If so, to what extent? What is the minimum investment amount? Can I maintain one or even several investment objectives? Read more

The impact of the MiFID on active customer support

The second stage of the MiFID is a further “milestone” for financial service providers. Especially in terms of active customer support. This was the reason for us to discuss the consequences and requirements in a group of experts. 14 compliance and MiFID responsible project managers from banks, business consultancies and law firms participated.

Topics of the discussion were, among others, cost reporting, suitability, grants and target market. Almost simultaneously to our discussion meeting, the Federal Ministry of Finance presented the draft report for a second Financial Market Reform Law. This draft is to lead to the implementation of MiFID II. As expected, the Ministry has essentially transferred the delegated legal act into the German law and thereby amends the Securities Trading Act and the relevant byelaws. Due to this, the draft does not contain much new information.

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Investify API Banking

execfintech – investify was there

Exefintech took place in Frankfurt on 03.08.2016. The German counterpart of Finovate in London offered 40 FinTechs from across Europe a platform for interesting panel discussions and networking. Fintech could not miss the almost obligatory pitch for “Best in Show”. The pitch was held in the form of a maximum of three minute presentation. During this time a jury had to be convinced by the (great) core idea – quite challenging!logo-execfintech API Banking

The substantive focus was broad. From the option to put money without loss (Scalable Capital), real-time streaming of financial data ( to individual credit release on the Internet based on 200 factors (Twisto), everything was represented.
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Digital Banking Solutions at Finovate 2016

Visiting and showing investify – our digital wealth manager on Finovate Europe 2016 was an impressive experience. In my previous blog post you heard a lot about the conference, the concept and the audience. Meanwhile the video of our presentation is online:

Today I want to celebrate the presenters who all earned my respect. I still do find it extremely challenging to present in front of over 1.000 people. Especially that you have to make it informative and entertaining as well in the very short presenting time. So congratulations from me to all of them. Read more


Server Room Monitoring: the project

Server room monitoring

Breadboard with sensors for temperature monitoring

Since 1st March 2016 I am working on my final paper for certification as qualified IT specialist system integration. The topic is the “Introduction of server room monitoring based on cost-efficient and self maintainable, preferably open software and hardware”.

I decided to implement the process with Raspberry Pis in order to be able to control the correspondent sensors. These should be integrated in the network and transmit the current temperature data of our server rooms and the relevant air conditioners to out IT department. Ideally I will also embed humidity sensors, which will, a big surprise, measure the air humidity in the rooms.

Server room monitoring

from left to right: temperature sensor, temperature/air humidity sensor

The current plan is that there will be two Raspberry Pis in every server room, which will manage an until now not determined number of sensors. These altoghether four Pis will be placed reasonably throughout the server room in order to guarantee the as much as possible all-over monitoring. A fifth Pi should be provided with an 8 inch display and will graphically illustrate the progression of the temperature at our office.

We will use the DS18B20 as temperature sensors and DHT11 as temperature/air humidity sensor. In case of one of the sensors registering a deviation, which was determined beforehand by us, our department will be informed by e-mail right away so as to be able to react quickly to the matter.

I will turn in the paper probably around 15th April 2016, afterwards the project is going into production. Here at aixigo new innovative ideas are welcomed anytime, especially if they improve the monitoring of the already existing infrastructure. It will centralize the information management and shorten the processing time. This was a very exciting and challenging project with a lot of hadicraft work both in the hardware and software unit. I definitely enjoyed it very much and am glad that is of a modular structure so that the colleagues will be able to maintain and expand it.

Christian Werrmann

Event – Fintech kidnapped branch

Online registration.*

Digitalization continuously changes business and society. More than one third of all communication in Germany takes place through digital channels. Citizens obtain 41% of all their purchase-related information from digital sources. The wave of digitalization has long ago transformed banking as well. It continues to challenge the top management—more strongly than ever during the past decades.

Traditional branches seem less and less relevant.

Could customers be carrying the branch of the future in their pockets? Will there only be “financial services to go” left at the end of this road?Digitalization - PresentersWe discuss the present situation in our lecture series “FinTech kidnapped branch?” from several perspectives.

  1. From the perspective of FinTech: How does the entire digital process work?
  2. From the perspective of a seemingly unrelated industry: How does the automotive industry combine digitalization with car dealerships?
  3. From the perspective of the wealth of data generated in each of the channels: Are these used productively at all for any of the channels?
  4. And from the perspective of the good “old” branch: Why is the branch vilified at every turn, but no one is doing anything apart from closing it?!

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7 minutes of fame or how it feels to be at FinovateEurope


Tobias Haustein and Sebastian Hasenack presenting investify at FinovateEurope 2016

Seven minutes of fame or mass-speed dating that’s how persado’s Chief Revenue Officer Lawrence Whittle described it to be on stage at FinovateEurope.

To explain, Finovate a leading conference in financial technology innovations, offers every speaker just seven minutes to show their innovation, with no slides or presentation allowed. It’s all about the real thing, the real innovation and the real deal.

We attended FinovateEurope as part of our first FinTech initiative “investify”. Read more

Mobile banking … or BANK TO GO

In today’s world, tablets and smartphones are part and parcel of everyday life. And especially so among millennials, who have grown up with computers, the internet, and mobile phones. The number of these users continues to grow in Germany and worldwide.

Tablet Nutzer 2010 - 2014 - Bank to go This group demands their banks to adjust their products. They want mobile banking. Visiting a bank branch or a personal consultation with their advisor is no longer considered the norm. After all, they have other tools to obtain the necessary information. According to the research report “The Future of Finance” published by Goldman Sachs, one in three members of the tech-savvy generation Y expects to no longer have to visit a conventional bank branch in five years.


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Digitale Vermögensverwaltung

aixigo founded digital asset management company

As part of our technological and business development, we are proud to present our latest innovation: Investify.

As a joint venture with Rhein Asset Management (Luxembourg and Düsseldorf) we have founded investify. investify is a digital asset manager based in Luxembourg. investify offers individual asset management for almost everyone and a complete digital customer experience, from opening an account to performance reporting.

Our motivation

In our view, the market for digital financial investment is growing and is now developing towards broader customer acceptance after various services have been introduced. Digital investing will have an appropriate share of the whole investment market. Due to its long-standing expertise in digitalization of investment processes, aixigo is in the right position for independently developing such services and bringing them to market. investify will break the mold in design and advising methodology.

We did not want to approach this innovation from an „suppliers“ point of view. In order to achieve our goal it was important to us to make our ideas happen and to solely concentrate on the investing customer.

Therefore, we decided to independently develop a marketsolution which we believe will be successful. We are convinced that having the full innovative strength of a “competitor” on board would also create new benefits for our existing customers.

Our journey to investify

digital asset management company - investifyWe have been an innovative and reliable partner of the financial service industry for years. In this position we developed the first system for risk profiling of private customers, an incredibly fast portfolio management system for multi-channel use and investment advice systems which are distinguished by being well designed, success-orientated and high regulatory security.

In Rhein Asset Management we found a renowned and competent partner for asset management. In our joint venture we have combined our resources to establish, develop and operate a digital asset management company successfully.

From processes to compliance, to user experience and security, we have considered all factors required for success. This knowledge will also be available for aixigo customers in the future. The deep understanding of the regulatory and procedural technical requirements of asset management were just as important in this initiative as the design or the digital customer experience.

We have converted these insights fully into solutions for all processes of the digital asset manager and have implemented these in and with our platform aixigo:one. In order to implement the complete consulting service as a digital asset manager in the whole of Europe, investify will have a CSSF licence in Luxembourg.

investify – What are the next steps?

investify will be debuting at the Finovate in London, where it will be presented to the press and an expert audience. Once the license has been awarded investify will go live for customers.

aixigo will make both the knowledge gained and the technologies developed available to its customers. Please feel welcome to talk to us about this. In addition we are interested in collaborations for investify.

More information on investify’s specific innovations will follow shortly here on our blog.

Erich Borsch


Investment Consulting – 8 Banks Tested

On behalf of Handelsblatt, S.W.I. FINANCE has analyzed investment consulting services at several branch banks between February and October of 2015. The six largest active national branch banks, the largest of the Volksbanks and Raiffeisenbanks (Berliner Volksbank) and the largest saving bank (Hamburger Sparkasse) were examined. The evaluation in the quality of consulting was made by means of five covert test visits each, for which specially trained service testers rated the consultation meetings using a standardized questionnaire. Securities were emphasized at three consultations, at the other two visits savings accounts were recommended. Two of the top top thee banks use consulting software from aixigo.

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