Amundi acquires aixigo

Amundi announces the acquisition of 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 API¹, enables new services to be deployed quickly and easily into existing IT infrastructures of banks and financial intermediaries.

Whilst digital technology has become a key lever to managing customer relations for wealth managers, the latter are also seeking to leverage technologies to enable their staff to advise, distribute and manage investment solutions more effectively. As a result, the market for technological services for wealth management players as well as private and retail banks, is growing significantly.

Amundi, which is already active in this buoyant market through its Amundi Technology business line and its solution Alto, will accelerate its development with the acquisition of aixigo, and thus reinforces 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.

You can find the complete press release here.