Amundi: acquires Germany's aixigo for E149m

(CercleFinance.com) - Amundi announces the acquisition of aixigo, a German technology company specialising in modular services for distributors of savings products.


The aixigo API (application programming interface) platform will enable rapid integration into the systems of banks and financial institutions, offering portfolio management, analysis and reporting solutions.

Worth E149m, the deal is expected to generate a return of close to 10% in three years and over 12% after four years, Amundi says.

Amundi's management highlights the importance of this acquisition in strengthening its innovative financial advisory and wealth management services.


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