B2B cooperations
Warburg Navigator now cooperates with investify TECH
Published: 23.05.2023 | By investify
Service provider change in digital asset management: investify TECH succeeds Elinvar
New services planned, including an app for mobile use
The Warburg Navigator, the digital asset management of M.M.Warburg & CO, is changing service providers: With immediate effect, the technical infrastructure will be provided by investify TECH, who follow Elinvar. “Together with the Berlin-based fintech Elinvar, we were the first private bank in Germany to launch a digital asset management service in 2017 and have continuously developed it further. We would like to thank the entire Elinvar team for the consistently good and always very trusting cooperation as well as the pioneering spirit they have shown,” says Gabriela Rieks, Head of Product Warburg Navigator at M.M.Warburg & CO.
With the change of service provider, a technical reorientation of the Warburg Navigator is planned: The focus is on the development of an application so that the Warburg Navigator can also be used on smartphones. In addition, further services such as the setting up of direct debit-enabled savings plans, the simpler generation of reports, the opening of joint custody accounts and custody accounts also for minors are to be implemented. “Our goal is to offer our customers even more convenience, services and customer-specific solutions. We want to take this step with investify TECH as a service provider that has an excellent view of customer needs,” Rieks explains the change.
“We are delighted that M.M.Warburg & CO, one of the major independent private banks, has decided to cooperate with us,” says Dr Harald Brock, Managing Director of investify TECH. “Building on our broad experience with asset managers, private banks and major banks, we aim to increase customer benefits in the coming months with the further development of the Warburg Navigator. M.M.Warburg & CO will benefit from our proven platform approach.”
With Warburg Navigator, assets from 20,000 euros can be managed digitally – at low costs of 0.8% to 1.0% p.a., but still individually according to the risk specifications of the customers. Unlike other digital asset management services, the portfolios are actively managed and consist of selected ETFs and actively managed funds. A personal contact person is available for questions and requests. More information at: https://navigator.mmwarburg.de/
About M.M.Warburg & CO:
Founded in 1798, Bankhaus M.M.Warburg & CO is an independent private bank with headquarters in Hamburg and other locations throughout Germany. The company uniquely combines traditional and modern banking. Enduring factors such as competence, experience and reliability are paired with a modern digital service offering that provides customers and business partners with real added value.
The core business areas include Private Banking, Corporate & Investment Banking and Asset Management. Here, M.M.Warburg & CO offers individual solutions and personal, holistic advice for wealthy private clients, foundations, medium-sized, private and listed companies, the shipping industry as well as institutional clients and financial investors. Independence, confidentiality, reliability and consistency are the hallmarks of our cooperation.
www.mmwarburg.de
The Private Banking Magazine already reported on the cooperation between M.M. Warburg & CO and investify TECH on 06/03/23.
