Published on August 2nd, 2017

Elinvar: licensed and about to go live with lead client M.M.Warburg & CO

The last weeks have been among the most exciting weeks so far for Elinvar – the platform in which FinLeap and Talanx Asset Management are invested and which offers an integrated B2B2C solution for digitalizing discretionary portfolio management. Within days of its first birthday, Elinvar communicated its partnership with M.M.Warburg & CO, one of Germany’s oldest and most exclusive private banks, and received the license for portfolio management from the BaFin, the Federal Financial Supervisory Authority.

Partnership with M.M.Warburg & CO and strong demand confirm Elinvar’s proposition

From day one, Elinvar’s founders, Chris Bartz, Dr. Marco Neuhaus and Sebastian Böttner, have, together with their team, made their client’s needs their top focus. Their B2B customer centred development approach has allowed them to build the ideal platform for discretionary portfolio managers: digital, comprehensive and customized. The engagement with their first lead clients and increasing interest for their solution confirm the desirability of this individualized approach, as well as the willingness and appetite of wealth managers to expand their offering digitally.

The partnership with M.M.Warburg & CO, a leading private bank with more than two centuries of proven experience and over 50 billion € in assets under management, is a perfect example of how Elinvar has collaborated with a lead client to develop and execute on the bank’s new digital offering: “Warburg Navigator”. Warburg Navigator, which will be available to the public soon, combines the expertise of an established private bank with the digital capabilities of Elinvar, leading to superior solutions for investors and demonstrating how digitalization can be quickly turned into an advantage for bank and clients alike.

Elinvar’s regulatory and technology expertise provides a long-term partner on equal footing

Elinvar has always set out to be more than a pure tech company. Even though the team being made up of more than 70% technology experts, as a licensed financial portfolio manager, the company scores with its regulatory setup, ensuring the fulfilment of all regulatory requirements. In a quickly changing ecosystem like the financial sector, established players increasingly realize the importance of picking a partner who can respond proactively to new regulation and market challenges, offering them an adaptable and therefore sustainable platform to support their digital offering. Elinvar fulfils this need in two main ways:

  1. Elinvar’s microservices architecture allows flexible adaption to any possible changes in technologies, devices, regulation or user behaviour.
  2. As a licensed portfolio manager, Elinvar takes the responsibility for meeting regulatory demands associated with digitalization, saving its partners time and the cost of responding to regulatory changes.

Jan Kühne, Digital Officer at M.M.Warburg & CO, describes these as the key advantages: “In the decision for Elinvar, the combination of technological and regulatory expertise, as well as the explicit positioning as a B2B2C provider, were particularly important to us. Here, the individual approach of Elinvar convinced us.”

Looking ahead: executing on a clear strategy

Based on its clear B2B2C focus, Elinvar will launch several more partnerships establishing a broad range of digitalized offerings – each uniquely based on the specifications of the respective partner. Combining the individual expertise of its partners with its own digital capabilities allows Elinvar to build solutions which will stand out due to their combination of the brands, portfolio management expertise and content that people trust and the convenience, quality and availability brought by modern technology. Make sure to follow Elinvar to find out more soon.