aixigo wins German Innovation Award 2019

For the second time, the winners of the German Innovation Award were honoured at a gala ceremony in the German Museum of Technology in Berlin. Representatives from business, politics and the media celebrated innovators from all over the world. The innovation prize is awarded by the German Design Council, which was established by the German Bundestag in 1953 and donated by the Federation of German Industries.

Christian Friedrich and Christian Neuenhaus with the German Innovation Award
Christian Friedrich and Christian Neuenhaus, aixigo AG

Aachen/Berlin, May 2019 – aixigo, the international software provider for digital financial Wealth Management and Advisory solutions, has won the German Innovation Award 2019 in the category "Winner Excellence in Business to Business | Information Technologies | Industry Specific and Service Softwares" with its world's fastest API-based technology platform for wealth management and investment consulting. The platform, which is equipped with more than 100 digital services and can be further scaled, convinced the jury and won aixigo the prestigious award.

With the German Innovation Award, the German Design Council has established a prize that honours the best and most effective innovations: Solutions, detail innovations and services with real added value for the user. The German Innovation Award 2019 is presented in two competition categories. In the competition classes "Excellence in Business to Consumer" and "Excellence in Business to Business".

The German Innovation Award is presented by the German Design Council to forward-looking innovations that have a lasting effect and offer users added value. There were a total of 695 international entries, including entries from industry giants such as Samsung, Bosch, Deutsche Telekom and the Swiss ABB Group, as well as from hidden champions and start-ups.

"The evaluation of the submitted innovations focuses on user centricity. It is the distinguishing feature of the German Innovation Award," explains Andrej Kupetz, CEO of the German Design Council. "This is particularly successful if future users are involved in product and design development at an early stage. Many companies have recognised this and rely on appropriate methods in order to develop an optimal product."

"And that's exactly what aixigo's innovation does. It's about democratising wealth management and investment advice. It's about offering financial service providers the opportunity to offer their services quickly, flexible and on a mass scale, even in the digital age, with the result of a genuine customer experience for the customer," says Christian Friedrich, CEO of aixigo AG.

"People's expectations of digital services and information are constantly growing. If financial service providers want two minutes a day of attention, then they are in a tough competitive environment. And you are not only in competition with companies in your industry but also with social media. And that's why you need superior technology so you can deliver new customer experiences flexibly and quickly through the API at any time. You're ready to respond to the rapidly growing demands of the market," said Christian Neuenaus, Head of Marketing and Communications at aixigo.

 

How it was rated

The evaluation criteria of the German Innovation Award include features such as innovation level, user benefit and cost-effectiveness. The innovation strategy should consider aspects such as social, ecological, economic sustainability and the use of energy and resources. Factors such as location and employment potential, longevity, market maturity, technical quality and function, materiality and synergy effects also play a decisive role in the judging process. The winners were chosen by a top-class jury consisting of physicists, patent consultants, computer scientists, financing specialists, product designers, technology historians and marketers. "We thus guarantee an individual, neutral and professional evaluation," emphasises Kupetz.

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