Baader Bank : takes next step with online asset manager Werthstein

Press release:
Baader Bank takes next step with online asset manager Werthstein

Unterschleissheim, January 11, 2018: The opening of an account and deposit at Baader Bank via the online asset manager Werthstein GmbH, Munich, is now possible for all clients in Germany from today. The partners initially started with the friends & family phase. As an outsourcing partner for Werthstein, Baader Bank offers a seamless and fully-automated mapping of all asset management processes, from order processing and multiple market access types to account-holding and depository functions for their clients. The bank is therefore expanding its position as a leading service provider for digital asset managers.

"We are pleased to be able to support our partner Werthstein in the development of its innovative online asset management," explained Oliver Riedel, member of the Baader Bank Board of Directors. "The cooperation strengthens the expansion of the Banking Services business field, which is of great strategic importance for Baader Bank. As a modern service provider for traditional and digital asset managers, we offer the entire product range with the goal of continued growth in the securities account business," continued Oliver Riedel.

Felix Roescheisen, Chief Representative of Werthstein GmbH, Munich, added: "Our partnership with Baader Bank is critical for our business. As an investment bank with a full banking licence, a securities trading focus and as a technology leader for digital banking services, Baader Bank is the ideal bank for providing account-holding and depository services to our customers in Germany. Our relationship with Baader Bank over the past months has been extremely professional and cooperative, and we are now looking forward to working together in the future."

Baader Bank also collaborates with Werthstein in other areas. For instance, Robert Halver, Director of Capital Market Analysis at Baader Bank, is also an Honorary Fellow of the Werthstein Institute, which comprises leading international experts in investment and strategy management.

Further information:
Baader Bank AG
Weihenstephaner Strasse 4
85716 Unterschleissheim, Germany

Katharina Ariane Beyersdorfer
Senior Manager Group Strategy & Communication

T +49 89 5150 1016
F +49 89 5150 291016
M +49 172 6659 389

Katharina.Beyersdorfer@baaderbank.de
http://www.baaderbank.de

About Baader Bank AG:
Baader Bank AG is one of the leading investment banks across the German-speaking region. As a family-run, full-service bank headquartered in Unterschleissheim near Munich with 450 employees, it is active in the business segments of Market Making, Capital Markets, Multi Asset Brokerage, Asset Management Services, Banking Services and Research.

In the Banking Services business, Baader Bank is the leading service provider for fintechs, robo-advisors and traditional asset managers across all asset classes.