Corporate | 4 December 2017 10:00
Baader Bank wins contract for online asset manager Fundamental Capital
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DGAP-News: Baader Bank AG / Key word(s): Alliance
Press release: Baader Bank wins contract for online asset manager Fundamental Capital Unterschleissheim, Germany, 4 December 2017: Baader Bank is set to become the account-holding and depository bank for online asset manager Fundamental Capital GmbH. The Willich-based (Germany) FinTech company specialises in digital and active investment strategies (investment volumes of EUR 50,000 and above) using algorithms and individual securities. The bank is therefore expanding its position as a leading service provider for digital asset managers. Baader Bank will be offering Fundamental Capital seamless and fully automated mapping of all asset management processes, from order processing and multiple routes to market to account-holding and depository functions for customers. After Scalable Capital, Investify, Werthstein and Solidvest by DJE, Fundamental Capital is the latest online asset manager that Baader Bank has gained as a client in recent months. Discussing the cooperation and approach, Oliver Matyschik, COO of Fundamental Capital, described the thought process: “Given its digital positioning and its proximity to the relevant companies in the DACH region, Baader Bank is a perfect partner for Fundamental Capital and our approach, which aims to focus on the real sense of the equity market – to provide outstanding companies with capital in order to grow together in the long term.” In addition to fully digital account-opening via Baader Bank, Fundamental Capital uses data-based investment technologies and other communication technologies that encourage dialogue between companies, asset managers and investors. Baader Bank also brings the technical expertise to enable dissemination of information such as individual positions or developments via Fundamental Capital’s app.
“We are pleased to be able to support our partner Fundamental Capital in developing its innovative technology-driven and “active value investing” online asset management,” explained Oliver Riedel, member of the Baader Bank Board of Directors. “The cooperation strengthens the expansion of the Banking Services business line and is strategically very important for Baader Bank. As a modern service provider for traditional and digital asset managers, we offer the entire product range with the goal of added growth in the securities account business,” continued Mr Riedel.
Further information:
Katharina Ariane Beyersdorfer
T +49 89 5150 1016
Katharina.Beyersdorfer@baaderbank.de
About Baader Bank AG:
In the Banking Services business, Baader Bank is the leading service provider for FinTechs, robo-advisors and traditional asset managers across all asset classes.
04.12.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | Baader Bank AG |
| Weihenstephaner Str. 4 | |
| 85716 Unterschleissheim | |
| Germany | |
| Phone: | +49 89 5150 1013 |
| Fax: | +49 89 5150 1111 |
| E-mail: | communications@baaderbank.de |
| Internet: | www.baaderbank.de |
| ISIN: | DE0005088108 |
| WKN: | 508810 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |