Thursday, November 21, 2024
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Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

  • Strategic Acquisition: Amundi, Europe’s leading asset manager with €2 trillion AUM, has acquired Aixigo, a German provider of API-based wealth management software, for €149 million.
  • Enhanced Technology Portfolio: Aixigo’s flagship platform, Aixigo, supports 20+ financial clients in Germany, Switzerland, and the UK, enabling client onboarding, portfolio management, and reporting.
  • Synergies and ROI: Amundi projects over 12% ROI within four years, citing strong growth potential and synergy benefits between Aixigo and its existing Alto technology platform.
  • Global Expansion: The acquisition strengthens Amundi Technology’s offerings, targeting private banks and wealth managers with scalable, flexible solutions while preparing for market expansion into Asia.
  • Leadership Vision: Amundi executives, including CEO Valérie Baudson and COO Guillaume Lesage, emphasize the strategic value of this deal in delivering superior services to clients, partners, and shareholders. Aixigo CEO Arnaud Picut highlights plans to leverage Amundi’s expertise for broader global reach.

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