"Wealth management offerings have become increasingly important in recent years due to regulatory and technological developments: in private and premium banking, but also increasingly in retail banking," says CEO Hannes Cizek. "With a modern digital wealth management platform, we can now meet the increased demands of clients by offering them tailored digital solutions that are state-of-the-art in the industry. By offering the possibility to leverage the digital platform also to our distribution partners in the future we will enable them to provide improved and individualized wealth management solutions to their clients in a highly efficient manner.”
What makes the acquisition of Savity Vermögensverwaltung GmbH particularly valuable for Raiffeisen Capital Management is, on the one hand, the software itself – a technological platform with automated processes – and, on the other hand, the current team, which brings not only technical expertise but also extensive experience with managing wealth management mandates. "The overall package makes the acquisition highly appealing to us, and we anticipate that enhancing our product and service offering will positively impact customer growth and investment volumes," says Cizek.
The acquisition of Savity is an important building block in our strategic way forward, which is to not only rely on personal advisory in the distribution of investment products but increasingly also to enable sales and customer engagement via digital solutions. "By executing on our customer-centric strategy we aim, on the one hand, to offer investors the best possible customer experience via digital channels and, on the other hand, to continue collaborating with our distribution partners, the Raiffeisen banks, in line with their omni-channel approach," says Cizek. According to the CEO of Raiffeisen Capital Management, there are already further concrete technical solutions that are set to be launched in 2025.
For further information please contact:
Pia Oberhauser (+43-1-717-07-2426)
Raiffeisen Capital Management is a European asset manager. With currently €44.4 billion in assets under management (as at the end of January 2025), the company is the largest fund company within the RBI Group. Raiffeisen Capital Management is represented in important European markets and is repeatedly recognized by rating agencies and business media for the high quality of its funds. The fund company is a founding member of the Raiffeisen Sustainability Initiative.You can find more information at www.rcm.at and www.investment-zukunft.at.