- New client with around €1.7 billion AuM relies on QuickStart solution
- Software solution will be in use from October 2023
- CSR expects significant relief in daily portfolio and order management
Freiburg, July 31, 2023 | PATRONAS Financial Systems GmbH, a subsidiary of niiio finance group AG (ISIN: DE000A2G8332), a Software-as-a-Service platform for Asset and Wealth Management, has successfully onboarded another prestigious asset manager, CSR Beratungsgesellschaft mbH, based in Hofheim am Taunus, for their PATRONAS QuickStart platform solution.
CSR Beratungsgesellschaft is an independent and owner-managed asset management company that currently manages assets of around 1.7 billion euros for its clients. Since its foundation in 2008, CSR Beratungsgesellschaft has pursued a value-oriented investment strategy for its mandates and CSR mutual funds, taking ethical, social and ecological criteria into account from the very beginning.
QuickStart is a process-optimised solution for daily portfolio and order management with integrated investment compliance. CSR thus replaces the programme previously used by a PATRONAS competitor.
Dr. Thorsten Rühl, Partner and Head of Investment Strategy & Research at CSR Beratungsgesellschaft, comments: „The KVG-wide access to all mutual and special funds with automated Front2back portfolio management solution is an excellent support in our daily business. All our investment limits can be checked in advance for each order within seconds and taken into account accordingly.“
The project to introduce QuickStart has been planned in detail and is currently being implemented. As of 1 October 2023, the CSR team will then be working with the new solution. „We are looking forward to experiencing a significant relief in our day-to-day business with PATRONAS QuickStart in the future and being able to continue to grow successfully,“ says Rühl.“
niiio finance group AG
About niiio finance group AG:
niiio finance group AG (niiio) is creating a scalable pan-European WealthTech platform by bundling technological innovations in order to enable asset and wealth managers to digitalize their processes and optimally serve their clients. niiio is a Software-as-a-Service (SaaS) provider for asset and wealth management. As a “one-stop shop”, the company digitalizes the processes of its more than 80 European customers so that they can work efficiently, flexibly and on a legally compliant basis. As a pioneer in its sector, niiio is also driving the consolidation of the software market and plans to replicate existing processes on a decentralized basis via distributed ledger technology (DLT) and blockchain in the medium to long term. niiio’s vision is the cost-effective digital issuance, custody, management and subsequent trading of securities based on DLT – and, as a consequence, decentralized settlement based on blockchain technology.
About PATRONAS Financial Systems GmbH
PATRONAS Financial Systems, a company of niiio finance group AG, is a leading software provider for the international investment industry. PATRONAS provides integrated portfolio, risk, compliance and order management solutions for investment advisors, asset managers and administrators.
About CSR Beratungsgesellschaft:
CSR Beratungsgesellschaft is an independent and owner-managed asset management company headquartered in Hofheim am Taunus. Since its inception in early 2008, CSR Beratungsgesellschaft has been following a value-oriented investment strategy for its mandates and CSR mutual funds, which considers the key ESG criteria. The company currently manages assets totaling approximately 1.7 billion euros on behalf of its clients.
This release contains statements about the future development of the niiio Group. These forward-looking statements are based on the Management Board’s current expectations, assumptions and forecasts, as well as the information currently available to the Management Board. They have been compiled to the best of the Management Board’s knowledge. As far as such forward-looking statements are concerned, no guarantee can be given and no liability can be assumed that the future developments and results mentioned will occur as presented. Rather, future developments and results depend on various factors. They entail risks and uncertainties that lie beyond the Company’s control and are based on assumptions that may not prove to be accurate. Notwithstanding any legal requirements to revise forecasts, we do not assume any obligation to update the forward-looking statements made in this release.