ti&m and aixigo agree on strategic partnership

Aachen, December 2019 – ti&m, the leading digitisation and innovation project company in Switzerland and the EU, and aixigo, one of the largest independent international software providers for financial institutions, have signed a strategic partnership agreement.

ti&m's and aixigo's offerings perfectly complement each other and add real value to the digitisation of wealth management processes. The combination of the ti&m Channel Suite with the digital services of aixigo's Wealth Management Platform offers banks unprecedented support in designing purely digital or hybrid processes.

aixigo contributes its digital API-based Wealth Management Platform. It enables financial institutions to offer digital value-added services in the branch and via mobile devices, including voice interfaces, in an attractive and cost-efficient manner. Over 100 API-based services are currently available. The API can provide large amounts of data as raw material for legacy systems and refine them quickly and flexibly on a large scale. This makes information better accessible to customer systems.

"We recognise that speed, mass suitability and flexibility are becoming increasingly important for digital banking services in the areas of wealth management and investment advisory. Why? Because the attention span of customers in the digital age continues to decline. So the goal must be to get at least two minutes of attention a day from the customer. And you only achieve that if you are able to offer relevant information extremely quickly, digitally and attractively. In the end, also the bank will benefit greatly from this by meeting customer expectations within the digital competition and at the same time reducing costs per customer. This in turn means that customers are more willing to pay despite regulatory requirements and cost transparency. Overall, banks aim to become an integral part of daily digital habits. And it is precisely these added values that we want to bring to the banking world together with ti&m," says Christian Friedrich, CBO of aixigo.

"We are very pleased to have entered into a strategic partnership with the leading WealthTech company aixigo. aixigo's expertise is a perfect complement to the ti&m Channel Suite. The modular structure of the ti&m Channel Suite represents a flexible technological building block thanks to the various cloud-enabled business modules. Due to the extensive and constantly growing number of business modules, any solution can be designed and integrated "out of the box" into core banking systems. In combination with the Channel Suite Development Kit (CDK), third-party solutions such as aixigo's digital API-based Wealth Management Platform can be integrated and commissioned more quickly. In addition, aixigo and ti&m share an open corporate culture and sustainable values. Building on this, we will be able to implement further exciting projects in the future," says ti&m CEO and company founder Thomas Wüst.

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