Using the QPLIX wealth management platform, wealth and asset managers can also send orders directly to their respective trading partners via FIXhub.net and the PATRONAS Trade Director system. FIXhub.net hosts and manages a neutral electronic network that enables buy-side and sell-side institutions to exchange messages based on the FIX protocol and other messaging standards.
"Many of our customers use direct electronic connections based on the FIX standard for their electronic orders. The connection via FIXhub.net is an interesting additional option for electronic orders, and we are pleased that V-Bank is now offering this to many asset managers, family offices, foundations, and institutional investors."
V-Bank AG is now even more closely linked to the QPLIX platform via the additional FIXhub.net communication channel, making securities trading even easier and faster for both QPLIX and V-Bank customers. In professional asset management, the time saved quickly leads to a significant increase in operational performance and gives asset managers more time for the strategic aspects of their work. FIXhub.net's customers include investment managers, banks, custodian banks and execution and clearing brokers.
"The collaboration between leading financial companies is leading to innovative solutions that offer real added value for all parties involved - first and foremost for customers,"
says Carsten Osswald, Managing Director at FIXhub GmbH.
Kai Linde, co-founder and CEO at QPLIX further startes:
"The aim of Open Wealth is to put the customer and their respective challenges at the centre and to bring together the most suitable providers for each individual use case. The connection via FIXhub.net is an interesting further option for translating this vision into very specific practical use cases and user experiences."
The electronic transmission of securities transactions by end users such as wealth managers or family offices from the QPLIX platform is possible either via direct interfaces or via FIXhub.net. The provider of multi-protocol order routing technology operates an electronic network for forwarding securities orders based on the FIX (Financial Information Exchange) protocol. FIX is a communication protocol and open standard based on which the IT systems of banks, brokers, securities trading centres and fintech providers can exchange data in a standardised format.
"We are proud to be part of this development towards ecosystems in the wealth management sector and look forward to further exciting collaborations and success stories,"
adds Osswald.
"This electronic connection of the leading wealth management software to V-Bank's systems is an example of what modern wealth management can look like today."
QPLIX is a leading provider of a holistic software solution for digital wealth management. Founded in 2012 by Kai Linde, Philipp Pötzl and Mathias Lindermeir, the software company's SaaS platform is used by asset managers, family offices, foundations, funds and institutional investors worldwide. The WealthTech software is currently used to manage assets worth over 300 billion euros. QPLIX supports all liquid and illiquid asset classes and complex legal structures. The company thus enables financial experts to manage their portfolios holistically and efficiently. At its headquarters in Munich and selected international locations, an interdisciplinary team of over 140 software developers and financial experts ensures the continuous development of the platform and user satisfaction.
FIXhub.net is a product of niiio finance group AG and was founded in 2013 to define a new standard for FIX-based messaging. FIXhub.net is independent and not tied to any broker, investment bank or information service provider. FIXhub.net develops FIX and multi-protocol messaging technology and operates a fully managed electronic order routing network. It connects buy-side and sell-side institutions for the exchange of order and trade-related information via FIX or alternative messaging standards. FIXhub.net's customers include investment managers, banks, execution and clearing brokers. FIXhub.net supports FIX-based message exchange in all relevant asset classes: Foreign exchange, money market, fixed income, equities, funds, commodities, ETFs, energy and derivatives (over-the-counter and exchange-traded).
Jill Stäbe has been part of QPLIX GmbH since 2020. Originally working in Client Success Management, she has always worked closely with various internal and external stakeholders and now draws on broad expertise regarding the platform and its users. As part of the marketing team, she is therefore primarily responsible for product-specific topics, as well as the company's social media presence and press relations.
